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3 years ago

"the accounts receivable account goes up when a shipment is sent."

1 answer:

5 0

<span>Accounts receivable is money or payment held by a business for goods supplied and/or services rendered that customers/clients have ordered but not paid. In this case they already have balance amount to be paid, again they are sending new shipment. so account receivable will go up automatically.</span>

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Kate Payne was reading the business plan for New Venture Fitness Drinks, and noticed that prior to its financial statements, New

Y_Kistochka [10]

Answer: Financial Notes and Supplementary Schedules

Explanation:

The Financial Notes and Supplementary Schedules is also known as footnotes.

The notes discloses-

a. Assumptions used in the preparation of the financial statements.

b. Discloses accounting policies used in the preparation of the financial statements.

c. Financial instruments been used by the business.

d. Legal matters.

I hope this answers your questions.

Goodluck

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3 years ago

Explain how quickly a new product will be adopted, given the values and regular experiences of potential customers?

FromTheMoon [43]

Answer:

Explain how quickly a new product will be adopted, given the values and regular experiences of potential customers?

B. Compatibility.

Explanation:

Marketing can be defined as all the activities aimed at improving a business product to potential customers with the aim of improving the company's market share. Most companies use marketing as a tool to improve their sales. It is mostly crucial in companies that want their new product to be adopted by their potential customers. For this to happen, the following factors have to be considered;

1. Complexity

Complexity can be defined as the ability of the potential customers to understand your product. The marketing of the product should be in simple and clear language that will easily be understood by most customers. The product should also be easy to use in the customer's daily life. It has been know that the more complex a product is, the harder it will be for the customers to adopt it.

2. Compatibility

Compatibility can be defined as the rate at which the product being offered aligns well with market values and expectations. The more compatible the product is to the market the faster the product will be adopted.

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3 years ago

Suppose that a firm operating in perfectly competitive market sells 50 units of output. Its total revenues from the sale are $50

jekas [21]

Answer:

ii) Average revenue equals $10

Explanation:

A perfectly competitive market is where there are many buyers and sellers of homogenous goods. They are price takers. Price = marginal cost = marginal revenue = average revenue

Total revenue = price × quantity sold

$500 = price × 50

Price = $10

Average revenue = Total revenue / output

$500 / 50 = $10

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3 years ago

Sheridan, Inc., has net income of $15,300,000 on net sales of $450,000,000.The company has total assets of $125,000,000 and stoc

jasenka [17]

Answer:

(a) 0.1224

(b) 0.3825

Explanation:

Given that,

Net income = $15,300,000

Net sales = $450,000,000

Total assets = $125,000,000

Stockholders’ equity = $40,000,000

(A) Return on assets:

= Net income ÷ Total assets

= $15,300,000 ÷ $125,000,000

= 0.1224

(b) Return on equity:

= Net income ÷ Stockholders’ equity

= $15,300,000 ÷ $40,000,000

= 0.3825

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3 years ago

You are examining your choices of banks to open a new savings account. Costs include monthly maintenance fees and statement copy

lukranit [14]

The answer is: d. interest on deposits

Interest on deposits refers to the amount of interest payment that the banks would give to account owner for keeping a certain amount of balance in their institutions. The number of this interest is usually really small, (on average it is usually around 0.01%)

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3 years ago

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