Answer:
B. Interact with customers after they have purchased the product.
Explanation:
It is the duty of the Customer services department to cater to the all customer feedbacks and requirements.
The retention of the customers and attracting new customers depends on the quality of the service provided by the customer handling.
Answer:
$114,000
Explanation:
Given that,
Net credit sales = $2,250,000
Opening allowance for Doubtful Accounts = $36,000
Uncollectible accounts receivable written off = $90,000
Firstly, we need to find the excess amount to be adjusted to allowance for Doubtful Accounts. It is calculated as follows:
= Uncollectible accounts receivable written off - Opening allowance for Doubtful Accounts
= $90,000 - $36,000
= $54,000
Allowance amount:
= 10% of the balance in receivables
= 0.1 × $600,000
= $60,000
Therefore, the required adjustment to the Allowance for Doubtful Accounts at December 31, 2017 is determined by summing up the excess amount and allowance amount.
= Excess amount to be adjusted to allowance for Doubtful Accounts + Allowance amount
= $54,000 + $60,000
= $114,000
It is true that a clear understanding of ethical expectations is essential for a sector such as lobbying, where there can be illicit behavior in favor of individual benefits.
<h3 /><h3>Lobbying</h3>
It corresponds to the influence of a group in the decisions of public power to favor its objectives.
To avoid unethical lobbying, there needs to be greater dissemination of information about this practice and greater control over the acceptance of contributions from interests, preventing the power of lobbyists over legislators.
The correct answer is:
Find out more information about lobbying here:
brainly.com/question/25117359
Answer:
The bank will create excess reserve of $200 billion
Explanation:
The question measures the size of credit expansion associated with the new currency deposit. the computation below shows how excess reserves can be computed.
Money multiplier = 1
/Legal Reserve Ratio = 1/0.2 = 5
Excess Reserve Created = A x (1
/Legal Reserve Ratio)
Where: A = New currency deposit = $40
Legal Reserve Ratio = 0.20
Excess Reserve Created = $40 x (1/0.2) = $40 x 5 = $200 billion
The legal reserve of 5 indicates that for every unit of money reserved by banks, they are able to create 5 units of same.
The money creation capability of the banking system as a whole is depends on the legal reserve ratio. Legal reserve ratio is a fraction of a bank deposit which the law requires them to hold. The bank can only lend the balance after deducting the legal reserve.
