Answer:
may be recorded before cash is collected.
Explanation:
Sales revenue "may be recorded before cash is collected."
This is according to Accrual accounting, which unlike the cash model that requires payments to be made before sales revenue is recorded.
In the Accrual accounting model, sales revenue recording is not based on cash collection before it is recorded. Here, the revenue is recorded in as much the transferred goods are made and collection of payment is determined or expected.
Marketing traditionally has been divided into a set of four interrelated decisions and consequent actions known as the marketing mix
This is further explained below.
What is the marketing mix?
Generally, The marketing process has historically been broken down into a series of four choices and subsequent actions that are together referred to as the marketing mix.
In conclusion, The "marketing mix" is a program made for businesses that have traditionally centered around the product, price, put, and promotion. The term "marketing mix" refers to this model.
Read more about the marketing mix
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TRAINING provides employees with specific, identifiable knowledge and skills for use in their present jobs
Answer:
present worth = $7380
Explanation:
given data
initial cash flow = $23,000
geometric gradient = 2%
interest rate i = 10% per year
time period = 5 year
solution
we get here present worth cost that is
present worth = initial cash flow ×
......................1
put here value and we get
present worth = $23,000 ×
present worth = $23,000 × 0.32087
present worth = $7380