Answer:
45.63 days.
Explanation:
The average collection period is the time measured in days that the company have to wait until all of its accounts receivable have been perceived. If the have sold 600,000 dollars between the beginning and the end of the year, and they have an average of 75,000 in accounts receivable ((60,000+90,000)/2), that means the accounts receivable accumulate 45.63 days of sales (75,000*365/600,000), or that they have to wait 45.63 days until they collect all the credits.
Based on the fact that Denisha sells her jewellery on her personal website, then she is making use of:
<h3>What is Direct marketing channel?</h3>
This refers to the process of selling merchandise to the sellers without the use of intermediaries or middlemen.
With this in mind, we can see that because Denisha sells her jewellery directly to the buyers on her personal website, then she is making use of direct marketing channel,.
Read more about marketing channels here:
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Answer:
Debit Cash $1,114
Credit Sales $1,114
Debit Cost of merchandise sold $779
Credit Merchandise inventory $779
Explanation:
Based on the information given the correct journal entry(is):
Debit Cash $1,114
Credit Sales $1,114
Debit Cost of merchandise sold $779
Credit Merchandise inventory $779
If a local company were to break the contract with a retailer and not deliver the products requested, Civil law would be broken.
When one party doesn't carry out their obligations as stated in the contract, there is a breach of the agreement. That could involve anything trivial like making a payment a few days late or something more significant.
<h3>What is the most common breach of contract?</h3>
The most frequent remedy for contract violations is this one. When compensatory damages are granted, a court requires the party who violated the contract to give the victim enough money to fulfill their contractual obligations elsewhere.
A breach of contract occurs when a promise that is a component of a contract is not kept without a valid justification. This includes failing to perform in a way that complies with industry standards or any express or implicit warranty requirements, such as the implied warranty of merchantability.
Learn more about Breach of Contract here:
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Answer:
Remember this is your workplaces, if you wouldn't do it in front of your boss, dont do it at all.
Explanation:
It can be very tempting to text or play on your phone while bored at work. It's best to put it away and use it only during lunch.