Answer:
b. Uniforms can help customers identify members of the sales staff
Explanation:
When evaluating whether or not to have sales staff wear uniforms on the showroom floor. What the electronics galaxy should consider about wearing uniforms is that "Uniforms can help customers identify members of the sales staff."
As customers come in to buy their products, they can quickly know the sales staff, and approach them to describe the type of. the product they came for and eventually buy the product if satisfied.
Answer:
The Accounts Receivables will be reported as $154000 in August's budgeted balance sheet.
Explanation:
The credit sales for August can be calculated by separating the total sales into cash and credit sales.
The cash sales are 30% or total sales which means the remaining 70% belongs ot the credit sales.
The credit sales for August will be = 220000 * 0.7 = 154000
As the question suggests, all credit sales that is $154000 for August will remain as accounts receivables in the month of August and will be collected in September. Thus, in budgeted balance sheet for August, the Accounts receivables will be reported as $154000
Answer:
the $490,000 that an alternative project could have returned.
Explanation:
Opportunity costs are the costs (or benefits lost) from choosing one alternative activity or investment over another.
In this case, if Dechico decides to continue to produce product G92L, it will not be able to invest in the new project that could have generated a $496,000 return.
Answer:
d. Adjustment data are assembled and analyzed.
h. Closing entries are journalized and posted to the ledger.
Explanation:
The fourth step is missing which is to adjust the data. After the unadjusted trial balance is prepared, if the debit side and the credit side do not match, the data will need to be adjusted and that is what this step is for.
The penultimate step is also missing being the journalizing of the closing entries and posting them to the ledger. This is done to close out the accounts for the year and bring all accounts except permanent ones to zero.
