In this scenario, Ethan<span> is engaging in a sales dialogue. Sales dialogue is a series of talks between the buyers and sellers. This would usually take place over time in order to build relationships. The purpose of this dialogue is to determine whether the prospect customer should b</span>e targeted. This dialogue would also help to clarity the prospect's situation. It would also help the seller to discover the prospect's needs and requirements in transacting the business. <span> </span>
The steps involved in closing the books are as follows:
Closing the Revenues
Closing the Expenses
Closing the net income
Closing the dividend and withdrawals
The most important output of the accounting cycle is the financial statement like balance sheet and Income statement. If the books were never closed, then the business would never be able to know the financial position for a particular accounting period.
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The unit that is used in the denominator is the one to cancels the unit that appears in a numerator.
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Answer:
A. usually have a lower interest rate than long-term debt.
D. are frequently used by large corporations as a significant component of capital structure.
Explanation:
A short-term bank loan can be defined as a type of loan that provides quick cash which mainly have a shorter repayment period when compared to a traditional loan.
Basically, when a small business owner (entrepreneur) or start-up needs to finance a temporal personal or working capital requirements but isn't eligible to apply for a line of credit from a bank; he or she can obtain a short-term bank loan.
Short-term bank loans usually have a lower interest rate than long-term debt and are frequently used by large corporations as a significant component of capital structure.
The new manufacturing plant of BMW vehicles will be engaged in the process of mass production.
<h3>What is mass production?</h3>
The process of production, wherein a large proportion of goods or inventories are produced by a business organization to reduce the costs of production, is known as mass production.
Hence, option B states about mass production. Complete question has been added in the image for reference.
Learn more about mass production here:
brainly.com/question/17725162
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