Answer:
c) Inventory (beginning) and Purchases.
Explanation:
When you use perpetual inventory system, you must record cost of goods sold every time you make a sale. But when you use a periodic inventory system, you close cost of goods sold with merchandise inventory account at the end of the period.
beginning inventory + purchases - ending inventory = cost of goods sold
Answer:
The quota system is not efficient since the total supply is less than the equilibrium quantity. This will produce a deadweight loss which equals the lost supplier surplus plus the lost consumer surplus. The deadweight loss s the area between the demand and supply curve, and between the imposed quota and the equilibrium quantity.
Graph 1 shows the market equilibrium while graph 2 shows the deadweight loss.
The correct answer to this open question is the following.
Although there are no options provided, we can say the following.
The IMC marketing material to close the sale was the personal selling tool, using persuasion, and highlighting the benefits of the service to close the sale.
We are talking about Integrated Marketing Communications that include different disciplines such as Public Relations, Promotions, Sales, or Advertising. These resources are used by companies to plan and implement programs aimed to offer their products and services and closing the sale, relying on good customer service. Most of the modern campaigns include IMC to support the marketing effort.
Answer:
Convergence
Explanation:
Convergence meaning that the two different entities are coming together. It is also defined as the tendency of the group members to become more alike. It is also known as the company culture, in the sense, that the people who work there, tend to have the similar characteristics.
Therefore, the convergence is the phenomenon which states the shifting of the styles of the individual management in order to become more similar to one another.
The DTI bucket had the highest number of rejected loans whose debt was greater than 20% of their income and lowest when debt is less than 10% of their income.
There are three factors to be checked upon before the Lending Club will grant us loans. The first factor is the debt-to-income ratios, the second one is the length of employment and the third factor is the credit score. The Lending Club collects all this information before granting a loan and then checks them before granting the loan.
We can use the Pivot table that is available to make the comparisons. According to the debt-to-income ratios, the person whose loan was more than 20% of income was the highest as maybe the person granting the loans will not feel secure even and so this was the factor for rejected loans. Security is one of the main factors as the person needs to feel secure that he will get back his money.
The lowest rejects were the ones whose people loan asked was less than 10% of their incomes. In such cases, the person giving the loan may feel secure that he may get back his money. The length of employment is also another important factor as long as the person has worked for some years the lender can be assured that from his income he may get back the loan amount. The third factor being the higher the credit score more the chances of the person getting the loan.
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