For entrepreneurs, the closer the solution relates to the actual problem the customer is experiencing, the more likely that there will be immediate sales upon completion of product development.
<h3>Reason for early sales</h3>
When a particular products meet the demand of people, there is possiblity of sales immediately after the product is release.
Hence, product should be targeted towards demand.
Therefore, For entrepreneurs, the closer the solution relates to the actual problem the customer is experiencing, the more likely that there will be immediate sales upon completion of product development.
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Monique is a(n) Importer.
What is an Import?
Any good or commodity brought into one country from another. Customs authorities must be involved in both the import and export countries.
Import trade means goods and services purchased in one country from another. Because products are frequently transported by ship to foreign countries, the term "import" derives from the word "port." Imports, like exports, are the backbone of international trade.
In this case, if the cost of a country's imports exceeds the value of its exports, the country has a negative balance of trade (BOT), also known as a trade deficit.
Objectives of Import Trade:
- To speed up industrialisation
- To meet domestic demand
- To overcome natural disasters
- To improve standard of living
- To ensure national defense
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Answer:
10 times
Explanation:
The financial statement of Tyler company reports a net sales of $300,000
The account receivables at the beginning of the year is $50,000
The account receivables at the end of the year is $10,000
Therefore, the accounts receivable turnover for Tyler company can be calculated as follows
= net sales/average net account receivables
= $300,000/($50,000+$10,000/2)
= $300,000/($60,000/2)
= $300,000/$30,000
= 10 times
Hence the accounts receivable turnover for Tyler company is 10 times
Explanation:
22
3 25
6 15
a. Determine which variable is the dependent variable.
b. Compute the least squares estimated line.
c. Compute the coefficient of determination. How would you interpret this value
Answer: $1760
Explanation:
If the company uses accrual basis accounting, the net income will be calculated as:
Cash received for lessons = $1,350
Add: Lessons provided on account = $1,060
Less: Rental bill for may = $(650)
Net income = $1350 + $1060 - $650
= $1760
The net income is $1760
