Answer:
Explanation:
Using or applying a Net 30 payment terms, having an average collection time of 75 days with the customers, Hanson's furniture store, are to either reduce their store credit option, so as to encourage let's say within 45% of their store credit customers to be able to pay upon receipt, or reduce their operating period. Which is the best option for the store to maintain minimum cash balance.
According to Philip Crosby, the correct cost for a well-managed quality management programme should be less than 2.5 percent.
<h3>What is quality management programme ?</h3>
- A quality management programme that integrates all quality processes is easily capable of meeting FDA and ISO quality standards. This can be a boost to productivity because, with the right QMS software, it can almost manage itself.
- Companies with this level of efficiency can produce more, faster, and at a lower cost.
- Quality management encompasses all project management activities required to put a quality plan into action. The following are the fundamental components of an organization's approach to quality management: Quality system - the structures, procedures, and processes that are used to implement quality management.
- By incorporating a quality assurance programme into your customer relationship management system, you can monitor your employees' performance and ensure that they adhere to the standards you have established. It allows you to know if you've set the right benchmarks and how to change them.
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Answer:Customer relationship management data
Explanation:
Answer: Compatibility
Explanation:
Compatibility is the degree to which an innovation fits the values and experiences of potential consumers. It belongs to the product characteristics that influence the adoption rate because consumers will only slowly start adopting a product if it is not compatible with their mindset. Potential adopters need to know that your innovation will be compatible with their life and lifestyle. Innovations meet with the greatest success when users are able to seamlessly adopt them when they replace an existing product or idea, for the better.
Answer:
RE = 27,200
Explanation:
We will calculate the Retained Earnings using the accounting equation.
Assets = Liab + Equity
Assests:
cash 6,200
equipment <u> 81,500 </u>
total assets; 87,700
Liabilities:
Account Payable 13,600
Notes Payable <u> 22,300 </u>
Total Laibilities 35,900
Equity:
Common stock 24,600
RE: X
We will plug these values int o the accounting equatio nand solve for retained earnings.
Assets = Liab + Equity
87,700 = 35,900 + 24,600 + Retained Earnings
87,700 - 35,900 - 24,600 = RE
RE = 27,200
