Answer:
$15,0000 is recorded as revenue
Explanation:
The amount of $15,000 is recorded as revenue immediately the sale is made on March 17. The Discount allowed of $300 (2%).
"3/10, Net 20" means Fredo will enjoy 2% discount if he pays within 10 days or pays in full within 20 days. The amount recorded in revenue will not change regardless of which option he chooses.
Answer:
E. Follow-up
Explanation:
The follow-up stage is a stage of the selling process which offers a prime opportunity for salespeople to solidify customer relationships through great service quality.
Follow-up means things that can be done by the salesperson in order to Improve customer relation.
Follow-up services helps to:
1. Increase sales: Customers who are satisfied with your services are more likely to come back and patronise you more.
2. Follow-up services helps producers to innovate on their products. Follow-up service includes listening to customers complaint and needs. This allows a producer to Improve on its product.
3. Follow-up services helps a business to stand out among other businesses because only few business follow-up
on their customers.
4. Existing customers refer new customers to patronise you and customers develop a sense of trust in your product and services.
5. Follow-up services helps to increase profit because firms make more sales.
The rate of photosynthesis would be slowed down, the rapid heat increase would put the plant into a sort of shock, slowing down the cells activities and then the plant would eventually die
I'd say D, striking out verbally or physically.
Answer:
$36,070
Explanation:
Given that,
Contribution margin ratio = 61%
Fixed monthly expenses = $47,500
sales = $137,000
Contribution margin:
= Sales × Contribution margin ratio
= $137,000 × 61%
= $83,570
Net income = Contribution margin - Fixed monthly expenses
= $83,570 - $47,500
= $36,070
Therefore, the best estimate of the company's net operating income in a month is $36,070.
