What determines if a buyer is satisfied or dissatisfied with a purchase?

Beck Manufacturing reports the following information in T-account form for 2019. Raw Materials Inventory Begin. Inv. 10,000 Purc

sleet_krkn [62]

Ngl I have no idea lol

6 0

3 years ago

When preparing the statement of cash flows using the indirect method, which statement is INCORRECT? A. Losses on the sale of l

ExtremeBDS [4]

Answer:

The correct answer is Option A.

Explanation:

A. Losses on the sale of longminusterm assets are subtracted from net income - This is incorrect because on losses on sale of an asset are usually added to the net income to avoid double-counting of income. Under the investing section of the cash flows, the proceed received on disposal is recorded there as inflow, if the losses realized on the disposal are subtracted, there would be a double-counting because the losses had already reduced the net income before.

B. Increases in current liabilities are added to net income - This is an inflow of cash, so it is usually added back.

C. Depreciation expense is added to net income - The explanation under Option A above applies but only that depreciation is a non-cash item, which already reduced the net income and it has to be added back to reinstate the net income.

D. Gains on the sale of longminusterm assets are subtracted from net income - Explanation under Option A applies.

3 0

3 years ago

The type of distribution error that involves giving average ratings to all employees is called _____. select one:

Nina [5.8K]

The answer is letter a which is central tendency. It is because this is where managers give ratings to their employees or evaluate their employees base on their performances. And usually, they provide a rating to their employees as average because of the given factors that will fall in this decision. It could be because they fall within the rage, which they had provided, having them to have average ratings.

5 0

3 years ago

Stanley, Inc.'s 2018 income statement reported net sales of $6,000,000, uncollectible accounts expense of $160,000, and net inco

Daniel [21]

Answer:

d. Account receivable days = 72 days

Explanation:

The average receivable days. This is the average length of time it takes a business to collect the amount due from its customers in respect of credit sales.

When a business sells on credit , customers are expected to settle their account within a given credit period. Account receivable days is computed to evaluate how well a business is managing its investment in the account receivables.

The shorter the better, as it means that custmers are paying on time, thereby preserving cash position for the business and reducing the risk bad debt.

A prolonged account receivable days means a poor credit control system which comes with the attendants risk bad debt and additional financing costs for the business.

To compute the account receivable days (debtors collection period), use this formula:

Account receivable days= (Average account receivable/Credit sales) × 360 days.

So we apply this to the question:

Account receivable days= ( 1,200,000/6,000,000) × 360 days

= 72 days

5 0

3 years ago

The reduction in principle of the 13th payment is 50% larger than the reduction in principle of the 5th payment. What is the tot

BigorU [14]

Complete Question:

A 20-year level repayment of a loan of 1000 has been scheduled. Recall that in such scenarios, as time progresses the reduction in principal part of each payment increases as the interest part of each payment decreases. The reduction in principle of the 13th payment is 50% larger than the reduction in principal of the 5th payment. What is the total amount of interest paid on the loan?

Answer:

At an assumed interest rate of 6%, the Total Interest on the Loan is:

= $743.69

Explanation:

a) Data and Calculations:

Amount of loan = $1,000

Period of loan = 20 years

Assumed interest rate = 6%

Loan Amount 1000

Loan Term

20 years 0 months

Interest Rate 6

Compound

Annually (APY)

Pay Back Every Year

Results:

Payment Every Year $87.18

Total of 20 Payments $1,743.69

Total Interest $743.69

View Amortization Table

Principal 57%

Interest 43%

Amortization Schedule

Beginning Interest Principal Ending

Balance Balance

1 $1,000.00 $60.00 $27.18 $972.82

2 $972.82 $58.37 $28.82 $944.00

3 $944.00 $56.64 $30.54 $913.46

4 $913.46 $54.81 $32.38 $881.08

5 $881.08 $52.86 $34.32 $846.76

6 $846.76 $50.81 $36.38 $810.38

7 $810.38 $48.62 $38.56 $771.82

8 $771.82 $46.31 $40.88 $730.94

9 $730.94 $43.86 $43.33 $687.61

10 $687.61 $41.26 $45.93 $641.69

11 $641.69 $38.50 $48.68 $593.00

12 $593.00 $35.58 $51.60 $541.40

13 $541.40 $32.48 $54.70 $486.70

14 $486.70 $29.20 $57.98 $428.71

15 $428.71 $25.72 $61.46 $367.25

16 $367.25 $22.04 $65.15 $302.10

17 $302.10 $18.13 $69.06 $233.05

18 $233.05 $13.98 $73.20 $159.84

19 $159.84 $9.59 $77.59 $82.25

20 $82.25 $4.93 $82.25 $0.00

3 0

3 years ago

What determines if a buyer is satisfied or dissatisfied with a​ purchase?

What determines if a buyer is satisfied or dissatisfied with a purchase?