Answer: The importance of liquidity
Explanation:
The financial principle at play is the importance of liquidity. Liquidity is the ease with which asset can be converted to cash. Maiko's asset has helped her to solve her financial issues she is experiencing after her job loss, therefore this shows the importance of liquidity.
Cause a sales representative to waste time and alienate people.
Who or what determines the buying decisions in a democratic buying center?
The person in the buying center ultimately decides whether to buy anything, what to buy, how to buy it, or where to buy it.
What is the 5 buying process?
There are five fundamental steps in the decision-making process for consumers. Consumers use this technique to weigh their options before making a purchase. Problem identification, information search, alternative assessment, buy decision, and post-purchase evaluation are the five steps.
What are the three stages of buying process?
Every potential customer goes through a buying process before selecting a product or service. Every buyer generally goes through the three primary processes of awareness, contemplation, and decision before becoming a customer.
Learn more about Buying process: brainly.com/question/1838642
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Explanation:
It is an simplified version which makes us to understand and observe the "economic behavior"
It purely uses mathematical concepts and simplify the information and show only important or highlighting information.
You can alternatively use "economic theory" instead of "economic model"
A good economic model, will make the user to understand the complex information with the help of key pointers.
There are 2 broad classification of Economic model:
1. Theoretical
2. Empirical.
The commonly used economic model is the classic model, which constitutes of "The law of demand and the law of supply"
Answer:
$390F
Explanation:
The Dermody variance for vehicle operating cost can be determined using the below mentioned formula:
Dermody vehicle operating cost variance=Planned vehicle operating cost- Actual vehicle operating cost
In the given question
Planned vehicle operating cost=$3,010+$331*15
=$7,975
Actual vehicle operating cost=$7,585
Dermody vehicle operating cost variance=$7,975-$7,585
=$390F
Answer:
Debit Building $338,000
Credit Cash $58,000
Credit Notes Payable $280,000
Explanation:
Preparation of the journal entry to Record the purchase of the building on January 1, 2021.
Based on the information given we were told that the company purchases an office building for the amount of $338,000 which means that if they paid $58,000 down and as well borrowed the remaining amount of $280,000 the journal entry to Record the purchase of the building on January 1, 2021 will be :
Debit Building $338,000
Credit Cash $58,000
Credit Notes Payable $280,000
(Being to record the purchase of building)