Answer:
A. True
Explanation:
Invoices also called bills in accounting is used for recording sales transactions and to account for requests and receipts for payments.
If a distributor becomes involved in trade beyond national borders, Two sets of invoices are used. The international trade invoices (1st set of invoices) being the transaction details between the seller (exporter from other country) and the buyer who is the distributor (importer). While the local or domestic involves (2nd set of invoices) would show transaction details between the distributor (who's now the seller) and the buyers or customers.
This happens because the two transactions are separate containing separate information of seller's and buyer's name, addresses, contacts details, tariffs or taxes and so on.
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Answer:
It is more profitable to raise the selling price by $2.
Explanation:
To determine whether the company should raise the selling price, we need to determine the effect on income. <u>The best option is the one with the higher sales revenue.</u>
Sales revenue= selling price * number of units
<u>Current:</u>
Sales revenue= 5.5*2,200= $12,100
<u>Proposal:</u>
Sales revenue= 7.5*1,800= $13,500
It is more profitable to raise the selling price by $2.
Economics because it has to deal with money, which is important for a career in business.
