Answer:
Snyder Painting
If Snyder wants to reduce its non-value-added activities to the greatest extent possible, it should concentrate its efforts on reducing the amount of time and money it spends on
B. paint storage.
Explanation:
a) Identified Activities of Snyder Painting:
A. customer consultation.
B. paint storage.
C. site preparation and cleanup.
D. onsite paint application.
b) Non-value added activities are activities that are currently necessary and consume resources but do not add value to the company's product or service. For example, equipment set-up, parts inspection, recording job time, job scheduling, product storage, and customer billing. These activities should be reduced to the barest minimum in order to maximize value.
Answer:
Adjusted Cash Balance at 31 August 2022 = 9654
Explanation:
Bank Reconciliation Statement at August 31, 2022
Cash Balance as per Bank August 31, $7338
Add: Deposit in Transit $3010
<u>Deduct: Outstanding Checks ($694 )</u>
<u>Adjusted Cash Balance $9,654</u>
<u />
Cash Balance as per books, August 31, $7374
Add: Receivable collected by bank $2326
<u>Less:Bank Service Charges ($46) </u>
<u>Adjusted Cash Balance $9,654 </u>
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Answer:
b. Company Name's Return Policy
Explanation:
In E commerce, A good refund or return policy can help protect your company and win your customers’ trust, but making sure your language is clear and concise is extremely important.
According to study, over 60% of customers review a Return/Refund Policy before they make a purchasing decision.
It is the single most important agreement that e-commerce store needs to have as it can affect its customer retention rate.
They are prone to corrosion and are not as strong
