Answer:
$60,000
Explanation:
Given that,
Accounts payable = $15,000
Buildings = 80,000
Cash = 10,500
Accounts receivable = 9,500
Salaries payable = 4,500
Retained earnings = 47,500
Supplies = 40,000
Notes payable (due in 18 months) = 35,000
Interest payable = 3,000
Common stock = 35,000
Amount of current assets:
= Cash + Accounts receivable + Supplies
= $10,500 + $9,500 + $40,000
= $60,000
Therefore, the amount of current assets is $60,000.
Answer:
Please find solutions in the attached images
Explanation:
I have attached images of my journal entry solutions to this question as required.
Answer:
Increase sales force need and commence prospecting
Explanation:
With scenarios like existence in market for over two years, existence of untapped potentials in the sales unit, and a great marketing opportunity that abound with moderate pricing, such furniture business only requires to immediate prospecting to potential client whose needs are in tune with their furniture products and establish a proposal. Also, the sales force should practice the lead approach in their prospecting such that every discussion with an initial prospect should generate lead to three other persons. With this process and a fair market price in a competitive market, coupled with product quality will yield the expected turnover after a projected period.
Answer:
<u>Supply chain management.</u>
Explanation:
Supply chain management is characterized as an organizational process whose main objectives are to establish control, management and integration of all elements of a supply chain, services, finances and information within a chain with diverse participants as a factory. , suppliers and end customers. In addition to providing optimization and integration techniques between inventory, transportation and cost.
The benefits of managing an appropriate and targeted organization-wide supply chain are reducing costs throughout the entire supply chain, as well as providing the right customer service at the right time, at the right price, at the right amount, to perform a higher quality service.
Answer:
New media marketing centers on promoting brands and selling products and services through established and emerging online channels, harnessing these elements of new media to engage potential and current customers.
Explanation:
