Communication is an essential element of any business. One needs to convey message as effectively as possible. Therefore accuracy is the key requirement for the business communication. without the accuracy the business message will be delivered either misleading or it will be unclear.
Misleading message or miscommunication can lead to huge problems to any business. When you are working with your client, he will trust your words only if they are accurate otherwise the deal can be lost too.
That is why accuracy is the most important element of any business communication and a significant interval of time must be spent on making the communication accurate in any organization.
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Answer:
4. Cash received from customers at the time services were provided
Explanation:
- The cash received by providing services to the clients is an example of the generation of revenue and is an asset resource. The cash that is received from the bank loans is a liability.
- <u>As the cash investments made by owners increase the stockholder's share and it accounts for the common stock. Cash that is received on the sale of land is an asset that is an exchange form of transaction which reduces one as the land and also increases the assets of cash.</u>
Answer:
The correct answer is: a 10% increase in the price of cantaloupes will increase the quantity demanded of water melons by 11%.
Explanation:
The produce manager of a large grocery store is informed that the cross-price elasticity of demand between cantaloupes and water melons is 1.10.
The cross-price elasticity of demand is a measure to calculate the change in demand for a commodity due to a change in the price of another commodity.
It is calculated as a ratio of the percentage change in demand and percentage change in price.
A positive price elasticity implies that the two goods are substitutes. An increase in the price of one good leads to an increase in the demand for another.
The cross elasticity can be calculated as,
= 
Let's assume that the price of cantaloupes increases by 10%.
Then,
1.10 = 
ΔQy = 11
So we see that a 10% increase in the price of cantaloupes will cause the demand for water melons to increase by 11%.
Answer:
$120,000
Explanation:
The computation of the budgeted accounts receivable is shown below:
= Budgeted sales of January month × next month sales collection percentage
= $200,000 × 60%
= $120,000
We simply multiply the January accounts receivable with the next month collection sales percentage to find out the budgeted accounts receivable
Answer:
I RLLY NEED THESE POINTS IM SO SORRY!
Explanation:
