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Anni [7]
3 years ago
14

Winn Co. enters into a 6-year finance lease for a copy machine with an interest rate of 8% (the present value of its $1,298 annu

al lease payments is $6,000). Winn will record the first-period lease payment with a debit to Right-of-Use Asset in the amount of?
Business
1 answer:
Over [174]3 years ago
7 0

Answer:

1298

Explanation:

Reason: Right-of-Use Asset is debited for the present value of the annual lease payment which is $1,298

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An organization has considered its sales channels, its customer service requirements, and its operating model. Also it has analy
yan [13]

According to Michael Porter :

  • A sales channel is a strategy employed by a producer to market goods or services to final consumers. Depending on how things are delivered to customers, sales channels can be direct or indirect. With the aim of closing the sale, these channels can be platforms (online or offline), people, or partners.
  • A further perspective is that a sales channel is a source of income for a manufacturer that facilitates the sale of goods or services.
  • A business can sell its goods and services through direct channels like these.
  • Kiosks: These are self-service points where customers may make purchases and payments. Display rooms.
  • Sales staff, which the business employs to sell its goods to clients and customers.
<h2>What are the principles of a sales organization?</h2>

A sales organization is built on a few key organizational tenets that are closely related to the tenets of the entire business. These principles act like software, directing and regulating the organization's efficient operation. Principles assist the organization in pursuing its objectives and investigating market prospects.

<h3>What standards should a successful sales organization meet?</h3>

The management should be aware of the requirements for creating a successful sales organization before one is created. These are listed below:

1. The functions of the sales department should be clearly defined by the sales organization, and the activities of the salespeople and their superiors should be planned and coordinated in a logical manner.

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3 0
2 years ago
Weighted Average Cost Flow Method Under Perpetual Inventory System The following units of a particular item were available for s
zmey [24]

Answer:

Please see attached solution

Explanation:

a. Cost of goods sold . Detailed explanation attached.

b. Ending inventory. Detailed explanation attached.

Note 1.

Weighted average cost per unit on January 20

= $1,545,000/20,000 units

= $77.5

Note 2

Weighted average cost per unit on January 30

= $948,000/12,000 units

= $79.00

3 0
3 years ago
The seller was told by the bank that she has a prepayment penalty due at the time of closing. the penalty is 6 months' interest
algol13
Using the formula for compound interest:

The formula for annual compound interest, including principal sum, is:
A = P (1 + r/n)ⁿˣ

Where:

A = the future value = $95000
P = the principal investment amount = ?
r  = the annual interest rate = 0.06
n = the number of times that interest is compounded per year = 2
x = the number of years the money is invested = 0.5


95,000 = P (1 + 0.06/2)¹

95,000 = P (1.06/2)

95,000 = P (0.53)

P = 95,000 ÷ 0.53

P = 95,000 ÷ 0.53

P = 179,245.30

Total compounded interest = 179,245.30 - 95,000

Total compounded interest = 84,245
3 0
3 years ago
______ is the Gross National Product. Answer The value of crops produced annually The average stock price of major industries Th
allsm [11]
The total value of goods and services produce annually within the boarders of a country
6 0
3 years ago
The length=2.7m and breath=85cm find the perimeter and area of rectangle​
lesya [120]

Answer:

2..?

Explanation:

I'm bad at finding area lol

8 0
3 years ago
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