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Tpy6a [65]
3 years ago
11

More companies are selling their goods on an "open account" basis because

Business
1 answer:
Alexus [3.1K]3 years ago
3 0
The reason that the companies are selling their goods on an open account because of the fact that competitive pressure are likely to push firms into engaging and selling into open account basis, that is why major companies are likely to sell goods in an open account.
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The following information on selected transactions for the year has been provided by Baker Company: Proceeds from issuing bonds
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Are there any welfare or subsidies that should be reviewed or added in south africa?
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6 0
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statuscvo [17]

Answer:

\left[\begin{array}{cccc}&$Flexible Budget&$Actual&$Variance\\$Sales&548,000&500,000&48000U\\$Variable&-82,200&-113,700&31,500U\\$Contribution&465,800&386300&79,500U\\$Fixed Cost&-142,000&-134,000&8,000F\\$Income&323,800&252300&71,500U\\\end{array}\right]

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