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3 years ago

A brief description of the key points of the business plan

1 answer:

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No more than two pages and should include the most important information from each section of the plan. it should open with a compelling story to persuade the reader that the business is going to succeed. then it should support the statement gathered through market research.

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The journal entry to record the receipt of a payment within the discount period on a sale of $900 with terms of 2/10, n/30 will

Triss [41]

Answer and Explanation:

Given that

The Sale is made for $900

Terms 2/10, n/30 that means if the payment is made within 10 days than 2% discount is eligible and the total credit period allowed is 30 days

Now the journal entry to record the receipts of a payment within discount period is

Cash Dr $882

Sales discount $18

To Account receivable $900

(Being the cash received)

3 0

3 years ago

Lydia, a minor, charges the cost of a smartphone at a Mobile Devices & Minutes store. Two nights later, Lydia loses the pho

MatroZZZ [7]

Answer:

A) if it is deemed a necessary good

Explanation:

Minors are not usually bound by a contract, and most of the time they can avoid liability under a contract. Minors can only sign a valid contract if it includes something that is essential for them. Medicines, food and medical services are the only things that are usually considered essential for a minor.

So the store has to prove that selling her the cell phone was a necessity, and something essential for her. It is possible to prove that it was a necessity, but it is something very difficult to do.

But the fact that the contract is not valid doesn't mean that Lydia can do whatever she wants. Her parents are responsible for returning the cell phone or since she lost it, they are responsible for paying it.

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3 years ago

Every year, Shawna Stuart, the Director of Sustainability at Academic University, sees students throwing away perfectly good fur

lawyer [7]

Answer:

1. The question that you should ask during the development of strategic goals for the organization is:

a. Should our company focus more on giving things away, or on selling things for a reduced price to those in need?

2. The time-frame that the group should consider for this plan is:

b. Long-term (Five years or more)

Explanation:

A strategic plan is made up of the organization's mission, vision, and values, as well as its long-term goals. These are backed up with the action plans for attaining the long-term goals. A strategic plan should involve the whole of the organization and remain futuristic. It does not concentrate on short-term objectives. Instead, a strategic plan concentrates on long-term goals with its duration period lasting five years or more.

8 0

3 years ago

On May 10, 2020, Cullumber Co. enters into a contract to deliver a product to Greig Inc. on June 15, 2020. Greig agrees to pay t

Likurg_2 [28]

Answer:

Date Particular Debit Credit

May 10, 2020 No Entry (Note 1) $0 $0

(To record contact entered into)

June 15, 2020 Account Receivable A/c $1,810

To Sales Revenue A/c $1,810

(To record Sales)

June 15, 2020 Cost of goods sold A/c. $1,050

To Inventory A/c $1,050

(To record cost of goods sold)

July 15, 2020 Cash A/c $1,810

To Account Receivable A/c $1,810

(To record payment received)

8 0

3 years ago

The period of time that is ideal to achieve the success of a new product is the:

Sever21 [200]

Firms often lunch products periodically. The period of time that is ideal to achieve the success of a new product is the Launch window.

<h3>What is product launch windows?</h3>

Most firms often have a narrow product launch windows. In this type of window, there is a limited product life cycles.

Organizations due to the fact that they known the consequences behind missing the optimum point for a new product to be launch, they often take a the right and proactive steps toward the timing of product introductions to the market.

Learn more about Launch window from

brainly.com/question/8842371

8 0

2 years ago