Answer:
c. Passive or sporadic exporting
Explanation:
Passive or sporadic exporting is a business operations related term that is used in describing a form of exporting activities or carrying out an exchange of commodities stimulated by unrequested examinations from abroad.
Hence, in this case, the correct answer is Exporting only after receiving unsolicited foreign inquiries is best described as "Passive or sporadic exporting"
The company is displaying an example of buying allowances.
<h3>
What is purchase allowance?</h3>
A manufacturer or distributor may give a purchasing allowance as a discount on the list price in exchange for a minimum order. A consumer may also be given this amount in return for keeping any defective or inaccurate items. When a client has official buying functions, purchase allowances are more prevalent since the purchasing team may negotiate them with suppliers.
<h3>What is the difference between sales allowance and cash discount?</h3>
You might wish to offer a buyer an incentive occasionally while attempting to sell your house. Offering a monetary discount or a sales allowance might aid in the selling of your house if there is a significant supply of houses in your neighborhood. <u>Both a </u><u>sales allowance </u><u>and a </u><u>cash discount </u><u>can assist persuade a </u><u>buyer </u><u>to </u><u>buy</u> your house, even if both incentives are different in theory.
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Answer:
Which of the following is an example of a service business?
Enterprise Rent-a-Car
Explanation:
Enterprise Rent-a-car is rendering a service which is to give away car to customer for a particular period or time in exchange for money so it is a service business
Answer:
The correct answer is the letter a. Standardized services are more efficient and cost less than personalized services.
Explanation:
The personalized services are those provided according to the characteristics of each person, that is, we seek to individualize the service to meet customer needs. Standardized services refer to services provided equally to all customers, not seeking individualization. In this respect, standardized services are more efficient and cost less, as the individual cost of service does not change, leading to lower costs as the quantity of services sold increases.
Answer:
($1,100,000)
Explanation:
Given that
Loans made to affiliated corporations = $1,400,000
Proceeds from sale of Equipment = $300,000
The computation of net cash provided (used) by investing activities is here below:-
Net cash provided(used) by investing activities = (Loans made to affiliated corporations) - Proceeds from sale of Equipment
= ($1,400,000) - $300,000
= ($1,100,000)
So, for computing the cash provided(used) by investing activities we simply applied the above formula.
