Answer:
Marsh granted a customer an allowance by reducing the purchasing price. SALES DISCOUNTS IS A CONTRA REVENUE ACCOUNT, NOT A CONTRA ASSET ACCOUNT, SO IT DOES NOT AFFECT THE INVENTORY ACCOUNT.
Explanation:
Marsh paid freight costs to ship goods from its supplier to Marsh. INCREASES THE COST OF THE MERCHANDISE ⇒ INCREASES INVENTORY ACCOUNT
Marsh returned inventory to the supplier that Marsh has purchased for cash. DECREASES MERCHANDISE INVENTORY.
Marsh purchased of merchandise on account. INCREASES MERCHANDISE INVENTORY
Answer:
1. Favorable
2. Unfavorable
3. Unfavorable
4. Favorable
5. Favorable
6. Unfavorable
7. Favorable
8. Favorable
Explanation:
1. Favorable
Less Profit is now being earned per sale
2. Unfavorable
More Debt more Financial risk
3. Unfavorable
Less Profit is now being earned per sale
4. Favorable
A lower ratio is good shows efficiency utilization of resources
5. Favorable
The company is efficient in collection of debt
6. Unfavorable
The earning per share is lower
7. Favorable
More efficient in inventory management
8. Favorable
More return given to investors
more money and more busness
Based on the fact that Denisha sells her jewellery on her personal website, then she is making use of:
<h3>What is Direct marketing channel?</h3>
This refers to the process of selling merchandise to the sellers without the use of intermediaries or middlemen.
With this in mind, we can see that because Denisha sells her jewellery directly to the buyers on her personal website, then she is making use of direct marketing channel,.
Read more about marketing channels here:
brainly.com/question/25339343
Answer:
false
Explanation:
A franchise provides entrepreneurs with a shortcut way of starting a business without necessarily beginning from the scratch.
The entrepreneur is free to leverage on the trademark and the customer base of the franchisor. This eliminates part of the risk associated with starting an entirely new business.
However, the franchisee continues to pay royalty to the franchisor which makes the franchise arrangement quite expensive.