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3 years ago

Read the following selection, and answer the following question.

Business

1 answer:

pshichka [43]3 years ago

3 0

Answer: The answer is given below

Explanation:

1. False

The is not an effective beginning for the letter. From the question, we can see that the person needs invoicing process information. The best beginning will have been "Based on your request to know about the invoicing process information ....

2. B. Satisfy the inquiry and take the opportunity well introduce another product as well.

The technique that should be used to promote a business when responding to a customer's inquiry is by first satisfying the inquiry. This is done by giving a detailed and correct answer to the question that is asked by the person. After satisfying the person, then another product can be introduced to the person. The person will be willing to listen after his curiosity or inquiries gas been satisfied.

3. The strategies that a direct response message should use are:

A. List answers to the customer's questions in the order asked.

B. Close pleasantly with a forward looking statement

C. Place the most important information first.

When replying direct messages, the most vital information should be put at the top so that it could easily be seen by the customer and answers should also be provided to the questions asked by the customer based on the way that the customer asked the questions. This will make the reply logical and easily comprehendible. Lastly, the closing remarks should be pleasant, and positive.

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Blue Spruce, Inc. is considering purchasing equipment costing $72000 with a 6-year useful life. The equipment will provide annua

Stella [2.4K]

The approximate internal rate of return for this investment is $0.054.

<h3><u>What is rate of return?</u></h3>

The net gain or loss of an investment over a given time period, stated as a percentage of the investment's starting cost, is known as a rate of return (RoR).
You determine the percentage change from the start of the period to the end when computing the rate of return.
Any type of investment instrument, including real estate, bonds, equities, and fine art, can be subject to a rate of return (RoR).

Any asset can be used with the RoR as long as it is purchased once and generates cash flow at some point in the future. The attractiveness of various investments can be determined, in part, by comparing their historical rates of return to those of comparable assets.

We have, (Net Annual cash inflow x PV of an Annuity of 1 at 10%) - Initial Investment = Net present value (find closest to zero))

($17,514 x 4.111) = $72000.054 - $72,000 = $0.054 (closest to zero).

Know more about rate of return with the help of the given link:

brainly.com/question/24232401

#SPJ4

6 0

1 year ago

In October of the current year, Jasmine received a $15,520 payment from a client for 32 months of rent. The rental period begins

serg [7]

Answer:

Jasmine recognize $1,940 this year if she uses the accrual method of accounting.

Explanation:

The Accrual or Matching Concept in accounting requires revenues and expenses to be recorded in the period i which they occur or incur.

The entry to record the receipt of payment is :

Cash $15,520 (debit)

Unearned Rental Income $15,520 (credit)

By the end of the year on 31 December, 4 months rent income starting September will have been earned and entries are as follows :

Unearned Rental Income $1,940 (debit)

Rental Income $1,940 (credit)

Rental Income calculation = $15,520 × 4 / 32

= $1,940

5 0

2 years ago

Following are account balances (in millions of dollars) from a recent FedEx annual report, followed by several typical transacti

Paraphin [41]

Answer:

FedEx

1&2: T-accounts:

Cash

Account Titles Debit Credit

('millions) ('millions)

Balance 2,328

a. Delivery Service Revenue 17,600

c. Prepaid Expenses 3,728

c. Rent Expenses 10,136

d. Repairs Expenses 3,864

e. Accounts Receivable 24,285

f. Long-term Note Payable 350

g. Common stock 2

g. APIC 14

h. Salaries 15,276

i. Fuel Expenses 8,564

j. Accounts Payable 784

Balance 1,527

Prepaid expenses

Account Titles Debit Credit

('millions) ('millions)

Balance 329

c. Cash 3,728

Balance 4,057

Spare parts, supplies, and fuel

Account Titles Debit Credit

('millions) ('millions)

Balance 437

Accounts Receivables

Account Titles Debit Credit

('millions) ('millions)

Balance 4,581

a. Delivery Service Revenue 21,704

e. Cash 24,285

Balance 2,000

Other current assets

Account Titles Debit Credit

('millions) ('millions)

Balance 610

Property and equipment (net)

Account Titles Debit Credit

('millions) ('millions)

Balance 15,543

b. Long-term Note Payable 3,434

Balance 18,977

Other noncurrent assets

Account Titles Debit Credit

('millions) ('millions)

Balance 3,557

Accounts payable

Account Titles Debit Credit

('millions) ('millions)

Balance 1,702

j. Cash 784

Balance 918

Accrued expenses payable

Account Titles Debit Credit

('millions) ('millions)

Balance 1,894

Other current liabilities

Account Titles Debit Credit

('millions) ('millions)

Balance 1,286

Long-term notes payable

Account Titles Debit Credit

('millions) ('millions)

Balance 1,667

b. Property and Equipment 3,434

f. Cash 350

Balance 4,751

Other noncurrent liabilities

Account Titles Debit Credit

('millions) ('millions)

Balance 5,616

Common stock ($0.10 par value)

Account Titles Debit Credit

('millions) ('millions)

Balance 32

g. Cash 2

Balance 34

Additional Paid-in Capital

Account Titles Debit Credit

('millions) ('millions)

Balance 2,472

g. Cash 14

Balance 2,486

Retained earnings

Account Titles Debit Credit

('millions) ('millions)

Balance 12,716

Delivery Service Revenue

Account Titles Debit Credit

('millions) ('millions)

a. Accounts receivable 21,704

a. Cash 17,600

Balance 39,304

Rent Expense

Account Titles Debit Credit

('millions) ('millions)

c. Cash 10,136

Repairs Expense

Account Titles Debit Credit

('millions) ('millions)

d. Cash 3,864

Salaries Expense

Account Titles Debit Credit

('millions) ('millions)

h. Cash 15,276

Fuel Expense

Account Titles Debit Credit

('millions) ('millions)

i. Cash 8,564

3. Income Statement for the year ended May 31, 2015:

Delivery Service Revenue 39,304

Rent Expense 10,136

Repair Expense 3,864

Salaries Expense 15,276

Fuel Expense 8,564 37,840

Net Income 1,464

Explanation:

a) Account Balances on May 31, 2014:

Trial Balance as of May 31, 2014:

Account Titles Debit Credit

('millions) ('millions)

Cash 2,328

Prepaid expenses 329

Spare parts, supplies, and fuel 437

Receivables 4,581

Other current assets 610

Property and equipment (net) 15,543

Other noncurrent assets 3,557

Accounts payable 1,702

Accrued expenses payable 1,894

Other current liabilities 1,286

Long-term notes payable 1,667

Other noncurrent liabilities 5,616

Common stock ($0.10 par value) 32

Additional Paid-in Capital 2,472

Retained earnings 12,716

Totals $27,385 $27,385

Other transactions for year ending May 31, 2015:

a. Delivery Service Revenue $21,704 Account Receivable $21,704

Delivery Service Revenue $17,600 Cash $17,600

b. Equipment $3,434 Long-term Note Payable $3,434

c. Rent Expense $10,136; Prepaid (Rent) Expense $3,720 Cash $13,864

d. Repair Expenses $3,864 Cash $3,864

e. Cash $24,285 Accounts Receivable $24,285

f. Long-term Note Payable $350 Cash $350

g. Cash $16 Common Stock $2 APIC $14

h. Salaries Expense $15,276 Cash $15,276

i. Fuelling Expense $8,564 Cash $8,564

j. Accounts Payable $784 Cash $784

k. N/A

Trial Balance as of May 31, 2015:

Account Titles Debit Credit

('millions) ('millions)

Cash 1,527

Prepaid expenses 4,057

Spare parts, supplies, and fuel 437

Receivables 2,000

Other current assets 610

Property and equipment (net) 18,977

Other noncurrent assets 3,557

Accounts payable 918

Accrued expenses payable 1,894

Other current liabilities 1,286

Long-term notes payable 4,751

Other noncurrent liabilities 5,616

Common stock ($0.10 par value) 34

Additional Paid-in Capital 2,486

Retained earnings 12,716

Delivery Service Revenue 39,304

Rent Expense 10,136

Repair Expense 3,864

Salaries Expense 15,276

Fuel Expense 8,564

Totals $69,005 $69,005

3 0

2 years ago

Pension plan assets were $200 million at the beginning of the year. The return on plan assets was 5%. At the end of the year, re

Nata [24]

Answer:

Pension plan assets at the year end will be $214

Explanation:

Wee have given pension plan assets = $200 million

Return on plan assets = 5%

So return will be equal to = $200×0.05 = $10 million

Cash contribution is given $12 million

Retiree benefits is $8 million

We have to find the amount of pension plan assets at the year end

Pension plan assets is equal to = Plan assets at beginning of the year + actual return - retiree benefits = $200 + $10 +$12 - $8 = $214

So pension plan assets at the year end will be $214

7 0

3 years ago

The probability that inventory will remain in stock based upon a specified level of Safety Stock is called: A. The Order-Up-To L

horsena [70]

Answer:

The answer is "Option D".

Explanation:

The system's performance is gauged only by the level of service. The quality of service specifies the percentage of such goals which should be met. That likelihood of stock remaining in inventory based on a set level of Security Stock is referred to as the service level. Ex: In a contact center, the number of calls that are addressed. That percentage of consumers who have waited less than a fixed amount of time.

4 0

3 years ago