Much more expensive to borrow the money. They make loans in at least the 100 million range and interest is a big cost of doing business. Interest rates go up, so does the cost of money needed to be borrowed. That's a real expense for a bank. It is even a large expense for a home homeowner.
Debit to "Accounts Payable to Smith"
and Credit to "Inventory" account
A debit in an expense account is a decrease in the amount owed. Since you are returning inventory and getting the money back, you owe less.
You credit inventory because you are taking away from it by returning the goods.
Answer:
I'm going to be customizing didlos
Explanation:
The letter of credit is the financial document which tells that a bank will pay a specified sum of money to a beneficiary
Letter of credit is also called documentary credit or bankers commercial credit.
The financial document called "Letter of credit" is a a letter written by a financial institution which authorizing another institution to pay someone a sum of money.
This document is usually a mode of payment used for the importation of visible goods.
In conclusion, the document called "letter of credit" is the financial document which tells that a bank will pay a specified sum of money to a beneficiary
Read more about letter of credit
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Answer: Differentiation focus
Explanation:
Marketing focus is not an actual marketing term. Cost leadership strategy's main focus is on the reduction of expenses which in turn, lowers prices of product while targeting a wide array of market segments.
In this question, Volkswagen is not reducing costs, or targeting large market segments. Differentiation strategy” require products to possess significant points of difference in brand image, product offerings, higher quality, advanced technology, and superior service to command a higher price while also targeting a wide array of market segments. For this question, these factors are not explaineded as targeting a broad market segments.
Differentiation focus strategy requires the products to have significant points of difference that is vital to target one or only a few market segments. For this question, Volkswagen uses a specific and unique factor to appeal to a specific group of people. So differentiation focus is the answer.
