Answer:
The correct answer is letter "A": industry-wide differentiation strategy.
Explanation:
An industry-wide differentiation strategy aims to broaden the scope of a business that is specially dedicated to the retail of products of a certain industry. The company keeps focusing on the same industry but supplying more related products consumers their typical consumers are likely to purchase. Part of the strategy implies reaching new markets, thus, investment in new locations might be necessary.
Answer:
amount of net sales = $1370,000
so correct option is b. $1,370,000
Explanation:
given data
Increase in Accounts Receivable = $370,000
Cash Received = $1 million
to find out
amount of net sales
solution
we get here amount of net sales that is express as
amount of net sales = Cash Received + Increase in Accounts Receivable .............1
put here value we get
amount of net sales = $1000000 + $370,000
amount of net sales = $1370,000
so correct option is b. $1,370,000
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