Expanding your trade credit can increase your sales volume. More time to checkout increases a customer's purchasing power and the number of products they purchase extends trade credit to your customers.
Giving your customers extra time to pay their bills can bring many benefits to your small business. Offering credit to customers is a way to increase sales and provides consumers with payment flexibility. While there are benefits to extending a loan, there are also issues to be aware of.
Generate more sales. The number one reason to consider financing your customers is that it makes your business more attractive to customers. People often want to buy something if they can buy it on credit.
Credit means the right to defer or incur a debt and defer payment of a debt offered or granted primarily for personal, family, or household purposes.
Learn more about credit at
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Answer:
Inventory account will debit
Cash account will credit
or
Purchase account will debit
Cash account will credit
Explanation:
It is consider that transportation expense paid on the purchase of goods will consider as the expense of the business. The transportation expense usually increase the inventory will cash paid on inventory consider decrease in assets of business. The use of purchase or inventory depends on accounting policy of organization. The method they use for recording the inventory hence given situation has two possible answer depends of method of recording for Inventory.
Answer:
6
Explanation:
The computation of the shipping errors in the case of break even is given below;
But before that the net operating income is
Sales $230,000
Less: Cost of goods sold 150,000
Less: Depreciation expense 30,000
Less: Other expenses 20,000
Net operating income $30,000
Now the shipping errors is
= $30,000 ÷ ($3,000 + $2,000)
= 6
The answer to this question is <span>A downward shift in the MC curve.
If the labor productivity is increased, it means that the employees are able to produce more effort without additional cost.
Which means, the total cost of product that arrived for consumers could be significantly lower.</span>
The three pieces of evidence are:
<span>1. The fact that Mr. Blackbucks and Mrs. Blackbucks look down with their noses on everyone (East Egg is snobby)
2.The fact that Old American names (Stonewall Jackson) and they are people known from Yale
3. The fact Movies in West Egg and entertainment people have a lot of ethnicities values.</span>
