Answer:
Export Assistance Center
Explanation:
Export Assistance Center is the one which is established by the federal government to provide or offer the front line service and outreach for the operations to the US exporters.
These centres assist the business in US which are new exporting and would like to expand the additional markets of exports or to increase the market share in the existing markets.
So, Rhett lack in expertise in exporting so he decided to see if the federal government might provide help through contacting the export assistance centre.
Answer:
(ii) economic profits are zero
Explanation:
A perfect competition is characterised by many buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.
In the long run, firms earn zero economic profit. If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.
Also, if in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.
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Answer:
Yes is True that when a firm initiates or increases a cash discount, the net effect on the accounts receivable investment is difficult to determine because the nondiscount takers paying earlier will reduce the accounts receivable investment, while the new customer accounts will increase this investment.
Explanation:
Accounts Receivable is any amount of money owed by customers for purchases made on credit. It is an asset account on the balance sheet since it is money due in the short run.
As a current asset, Accounts Receivable is an important aspect of a businesses' fundamental analysis used to measures a company's liquidity or ability to cover short-term obligations without additional cash flows.
Accounts receivable Investment will be reduced if the firm initiates or increases a cash discount.
The answer is confidentiality.
The accounting book or computer program where each days transactions are first recorded is called a(n): Journal
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