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Answer:
Net Sales for the month ended is equal to $9,702.
Explanation:
Sale = 100 x $100 = $10,000
Discount = $10,000 x 1% = $100
Sales Return = $198
Net Sales = Sales Price - Sales Discount - Sales Return
Net Sales = $10,000 - $100 - $198
Net Sales = $9,702
Net Sales for the month ended is equal to $9,702.
$20 is an expense and it is not an contra revenue account. So, it is not considered in net sales calculation.
The answer is: Credit Card Fee.
Hope this helps ;)
Answer: Option B
Explanation: Its an approach used by business firms for gaining a competitive advantage in the market.
Under this approach the business introduces a unique and distinctive good or service into the markets. Thus uniqueness could be obtained from many of the factors such as low pricing, better after sales service or better designing etc.
In the given case, the company is providing customer satisfaction at the maximum level.
Thus, from the above we can conclude that the correct option is B .
Long term tend to pay full price for a product rather than a discount price. Loyal customers tend to give more referrals. Acquiring new customers cost more than keeping current ones
