A business plan will help Frederick attract and persuade investors. A business plan is primarly used to explain the business to potential stakeholders like investors.
Answer:
Several credit card issuers offer a pre-qualification or preapproval process that lets you avoid that hit to your scores, at least initially.
Explanation:
Answer:
Dr Interest Receivable $30
Cr Interest Revenue $30
Explanation:
Based on the information given we were told that Callison accepts an interest bearing note receivable for the amount of $1,000 in which the note has the interest of 12%,This means that journal entry on December 31, Year 1, to accrue interest will include:
Dr Interest Receivable $30
Cr Interest Revenue $30
Calculated as :
Accrued interest =12%×$1,000×(3/12)
Accrued interest=$30
<u>Answer:</u> Upsell
<u>Explanation:</u>
Product enhancement means adding any additional features or functions to the existing products. The product managers keep adding these features to increase the market share of the product sold. It is also a marketing technique used by the companies to prove their products better than the competitors products.
By following product enhancement strategy the company tries to upsell the products. It protects the product from being out of the market and also increases the product's capability. The usability and performance of the product also increases.
