Answer:
The amount of cash received is $2940
Explanation:
The cash received by Syfy on July 24 will be for the amount due after accounting for sales return by Eureka and after deducting the sales discount / discount allowed.
The balance in accounts receivable account of Syfy after sales return by Eureka on July 20 will be, 5000 - 2000 = $3000
The payments terms allow a 2% discount if payment is made within 10 days of purchases. Eureka paid within the discount period thus it availed a discount of,
3000 * 0.02 = $60
The amount of cash received by Syfy is = 3000 - 60 = $2940
<u>Explanation:</u>
Target market should have appropriate age, gender, lifestyle, likes, preferences, income level, education level, maturity level, marital status, occupation and ethnicity. It can also be shortly termed as appropriate demographics.
Target market is the audience to whom the product is to be sold. In order to pitch the right product to right customer target market has to be identified. Customer profiling is necessary to identify the customers interested in the products or services marketed by an organisation.
Customer base gives the details of what is needed by the customers. Organisation is benefited by only concentrating on the customers who are interested in their products or service.
The working capital ratio is a measurement of a company's short-term capability of paying its financial obligations.
The working capital turnover ratio measures how efficaciously a business makes use of its operating capital to supply sales. A better ratio indicates greater efficiency. In preferred, an excessive ratio can assist your employer's operations to run greater easily and limit the want for added funding.
The working ratio measures a corporation's potential to recover running expenses from annual sales. It's miles calculated by taking general annual fees, aside from depreciation and debt-related charges, and dividing it by the yearly gross income.
The current ratio, also known as the working capital ratio, gives a short view of an enterprise's financial health. You could calculate the current ratio by taking contemporary assets and dividing that discern by means of current liabilities. A ratio above 1 way current belongings exceed liabilities.
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Answer:
Short term
Explanation:
A short term goal is a mission that one wishes to accomplish in the immediate future. In general, short goals are achieved within one year. Plans or objectives that are set to be fulfilled within one year or less are short-term goals. Another example of a short term goal is the purchase of household furniture.
The spa package budget will be achieved in six weeks, thereby qualifying as a short term goal. Long-term goals contrast short term goals as they take longer than one year to achieve.
