This set of organizations called Marketing channel
Explanation:
A marketing channel is used to move the control of goods from either the point of origin to the place of purchase by individuals, organizations and acts. The way goods meet the customer, the end-user, is however known as a sales channel.
Marketing channels allow organisations to increase their scope and profits. Each communications platform, though, offers a different visibility and output ratio, so that it can be combined together. Current delivery structures–like manufacturer, wholesaler and seller–or versions that include one or two parts, can be part of marketing networks.
For example, companies such as Dell and Avon prohibit wholesalers and retailers from marketing to customers with their own stores and salespeople.
Answer:
$15 million
Explanation:
Data provided in the question:
Inventory turn ratio = 60
Annual sales = $50 million
Average inventory = $250,000
Now,
we know,
Inventory turn ratio = ( Cost of goods sold ) ÷ ( Average inventory )
thus,
60 = ( Cost of goods sold ) ÷ $250,000
or
Cost of goods sold = 60 × $250,000
or
Cost of goods sold = $15,000,000 or $15 million
Answer and Explanation:
The journal entry is shown below:
Cash Dr (1,000 × $65) $65,000
To Sales revenue $59,000
To Deferred Revenue -Discount coupon $6,000
(1,000 × $100 × 30% × 20%)
(Being the sales revenue is recorded)
here the cash is debited as it increased the assets and credited the sales revenue and deferred revenue as it increased the revenue and liabilities
Answer:
FOR LIFE INSURANCE DENSITY
Answer:
$607,250 outflow
Explanation:
Net Working Capital is the amount of money needed to maintain operations on a day to day basis.
Net Working Capital = Current Assets - Current Liabilities
where,
<u>Current Assets are calculated as :</u>
Inventory $216,000
Accounts Receivable ($525,000 x 1.09) $575,250
Total $788,250
and
Current Liabilities = $181,000
therefore,
Net Working Capital = $788,250 - $181,000 = $607,250
Conclusion
The project's initial cash flow for net working capital is $607,250 outflow.
