The sales arrangement when a seller allows a buyer thirty to sixty days to pay for a purchase is known as Trade credit
A trade credit is an arrangement that exists between buyers and sellers with respect to exchange of goods and services.
In trade credit, the supplier allows the buyer purchase on credit and pay later usually between 30, 60 or 90 days.
Hence, trade credit is where a seller allows a buyer thirty to sixty days to pay for a purchase.
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Answer:
c) understand the parts of the firm's operation that create value and those that do not.
Explanation:
Value chain analysis (VCA) is a process where a firm identifies its primary and support activities that add value to its final product and then analyze these activities to reduce costs or increase differentiation.
Value chain represents the internal activities a firm engages in when transforming inputs into outputs.
Value chain analysis is a strategy tool used to analyze internal firm activities. Its goal is to recognize, which activities are the most valuable (i.e. are the source of cost or differentiation advantage) to the firm and which ones could be improved to provide competitive advantage. In other words, by looking into internal activities, the analysis reveals where a firm’s competitive advantages or disadvantages are. The firm that competes through differentiation advantage will try to perform its activities better than competitors would do. If it competes through cost advantage, it will try to perform internal activities at lower costs than competitors would do. When a company is capable of producing goods at lower costs than the market price or to provide superior products, it earns profits.
Answer:
$1.71 per share
Explanation:
Earning per share is the per share rate of net earning for the period after deducting any preferred dividend. We use average common shares outstanding to calculate the Basic EPS. Formula for the Basic EPS is as follow:
Basic EPS = ( Net Income - Preferred Dividend ) / average common shares outstanding
As we do not have any preferred share, placing value in the formula
Basic EPS = ( $3,100,800 - $0 ) / 1,818,000
Basic EPS = $1.71 per share
The convertible bonds are incorporated in the calculation of diluted earning per share.
Answer:
3. Correctly ignored a sunk cost
Explanation:
Sunk costs refer to those costs which have been incurred in the past, which are non recoverable and which have no current or future benefits.
Sunk costs are considered as irrelevant for decision making process as they do not relate to current period and have no future implications. For example, research and development expenditure incurred in the past represents a sunk cost.
In the given case, the ticket for opera was already purchased for $100 which can now neither be recovered nor transferred. Thus this cost is irrelevant for decision making as expenditure has already been made. When Shen decided to go for a party instead of the concert, Shen has correctly ignored a sunk cost.
B. Avoid gossip
Getting along with team means being yourself and not gossiping with others.
C is not the answer because you want to make sure you are aware of complaints.
D is not the answer because when you give gifts, sometimes people can take advantage of you because they know you want to get along with them
A is not the answer because to get along and work together you have to share ideas
