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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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Kodak's marketing team identifies a group of people who are most likely to use the company's new digital technology and creates
kifflom [539]

Answer:

Receivers

Explanation:

An effective communication involves sending a message and the message being received and understood by the receivers. Simply put, communication is the exchange of message between a sender and receiver.

In the above wuestion, the individuals who are the target of the advertising are receivers as those receivers are the ones that can make sense of the advertisement and thus measn the message being passed across is understood.

Cheers

4 0
3 years ago
When traveling to another country you have the choice of paying for the stay when you book the reservation or when you check out
Digiron [165]

Answer and Explanation:

In the given situation, it is mentioned that while travelling to another country you have two choices for paying at the time of booking or at the time of checking out. Now at Jan the person made a reservation for staying at Italy and completed the stay as on April 30th so here the change in inflation would be matters whether it is increasing or decreasing. It is better to pay off at advances as there is a chances that the price could rise in near future

3 0
3 years ago
Candy Company had sales of $320,000 and cost of goods sold of $112,000. What is the gross profit margin (ratio of gross profit t
Strike441 [17]

Answer:

The gross profit margin of Candy Company is 65% (second option)

Explanation:

The gross profit margin is defined as:

Mg = (sales - costs) / price of sales  

If for Candy Company the cost are $112,000 and sales $320,000 then the gross profit margin is:

Mg = ($320,000- $112,000) * 100% / $320,000  =  

Mg = $208,000 * 100% / $320,000  =  0.65 * 100%

Mg  =  0.65 * 100%  

Mg  =  65%  

6 0
3 years ago
To achieve its goal of increased market share, restaurant y launched a program that awards grade-school students a free cupcake
professor190 [17]
<span>Actually here to achieve the goal of increased market share the restaurant y followed the risk reward management function, which covers the bulk sales with clear cut super marketing strategy for their restaurants products along with word of mouth or mouth publicity, which works most of the time in any of the bussinesses.</span>
3 0
3 years ago
1. Give a brief description of the Business and Industry Endorsement.
777dan777 [17]

Answer:

siness and Industry Endorsement.

;,;l,

Explanation:

3 0
3 years ago
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