The B2B buying process is Product specification.
Explanation:
A product specification (also known as product specifications) is a documentation with a set of criteria which provides the necessary information by the product teams to develop new features or functions.
A strong spec does not handle product development micro-management. It instead presents the consumers with specific backgrounds, business needs and other parameters that enable them to determine informally when they design and develop a solution.
For examples, when a PSD outlines the user login page specifications and the standard security needs, a PRD version explains the standard security needs in detail.
Answer:
Assessing the allowance for uncollectible accounts for reasonableness.
Explanation:
Assessing the allowance for uncollectible accounts for reasonableness give the most assurance concerning the valuation assertion about accounts receivable as The term uncollectible accounts receivable is used to describe the portion of credit sales in accounts receivable the company does not expect to collect from a customer.
Uncollectible accounts is used in the valuation of accounts receivable, which appears on a company's balance sheet.
Answer:
3 years
Explanation:
The formula to compute the payback period is shown below:
= Initial investment ÷ Net cash flow
where,
Initial investment is $450,000
And, the net cash flow = annual net operating income + depreciation expenses
= $105,000 + $45,000
= $150,000
Now put these values to the above formula
So, the value would equal to
= ($450,000) ÷ ($150,000)
= 3 years
Answer:
The required minimun return on investment was 10%
Explanation:
<u>the rate of return formula:</u>
return / investment = rate of return
return: contribution er unit x total units
sales - cost = contribution
200- 195 = 5 contribution
5 contribution x 100,000 units = 500,000 return
500,000/5,000,000 = 0.1 = 10%