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Over [174]
3 years ago
8

A jewelry store promises to deliver custom-made wedding rings to a buyer within 2 weeks. However, it charges ten percent of the

sales price in advance. In this example, which of the following techniques is the store using to increase cash inflows? a.It is offering discounts to customers for prompt payment. b. It is taking deposits and progress payments. c. It is factoring all receivables d. It is taking on noncore paying projects
Business
1 answer:
Serggg [28]3 years ago
8 0

Answer:

The correct answer is letter "B": It is taking deposits and progress payments.

Explanation:

Advance deposits and progress payments are the amount of money taken by an organization as part of the total amount charged for a good or service that is going to be provided. It is a form of endorsement that proves the buyer has a real intention in acquiring the good or service but also helps the organization to have immediate cash flow to pay for expenses such as the raw material that will be used for production (in the case of a good).

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jazz world inc. is considering a project that has the following cash flow and wacc data. what is the project's npv? note that a
Marianna [84]

The project's projected NPV is $185.11. (second option)

<h3>What is the NPV?</h3>

Net present value is the present value of after-tax cash flows from an investment less the amount invested. Only projects with a positive NPV should be accepted.

A project with a negative NPV should not be chosen because it isn't profitable. NPV is calculated by taking the present value of all cash flows over the life of a project. Then, the present value of cash flows is subtracted from the investment's initial investment

NPV = -1200 + 400 / 1.0975 + 425 / 1.0975² + 450 / 1.0975³ + 475 / 1.0975^4

= $185.11

To learn more about net present value, please check: brainly.com/question/25748668

#SPJ1

8 0
1 year ago
Which of the following is true of both paying with a check and paying with a debit card?
Dmitry_Shevchenko [17]
C) When used, both take money directly out of a bank account.


You're Correct!, Good job (:
4 0
3 years ago
Credit offered in the form of ____________ is most common in department and clothing stores and other high-volume outlets, where
GuDViN [60]

Answer:

retail charge cards

Explanation:

A credit card can be defined as a small rectangular-shaped plastic card issued by a financial institution to its customers, which typically allows them to purchase goods and services on credit based on the agreement that the amount would be paid later with an agreed upon interest rate.

Hence, the use of credit cards by consumers broadens a small company's customer base.

This ultimately implies that, small businesses or companies who avail their customers the opportunity to pay using a credit card will increase the number of customers that would patronize them because they are typically buying the goods and services on credit.

Generally, there are three (3) main types of credit card and these includes;

I. Debit card.

II. Prepaid card.

III. Retail charge cards.

A retail charge card can be defined as a type of credit card commonly issued by retailers to their customers in order to avail the customers an ability to charge their goods and services to a specific amount that has been established prior to a purchase.

Hence, it is most common in merchant department, car rental firms, oil companies, clothing stores and other high-volume outlets, where customers are likely to make several purchases each month.

5 0
2 years ago
Jonathan manages a department of 10 people. Once he got to know each of the individual employees, he realized it would be best f
dlinn [17]

Answer: Leader-member exchange

Explanation:

Leader member exchange is the situation where the leader of a group or facility gets to introduce himself to a group; old or new, for business, instructions as regards their dealings and other things hey be doing.

Jonathan applied the leader member exchange when he wanted to know and present his offer to them.

6 0
3 years ago
The ___________ is a flexible market that allows you to work short-term
dem82 [27]

Answer:

The <u>gig economy</u> is a flexible market that allows you to work short-term.

Explanation:

The gig economy is a market in which temporary jobs are offered for a specific period of time. This refers to working as a freelancer taking specific activities without a job contract or working exclusively for that organization. According to this, the answer is that the gig economy is a flexible market that allows you to work short-term.

7 0
3 years ago
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