Answer:
D.administered distribution system.
Explanation:
Administered Distribution System is a system in which producer manages all the marketing functions at the retail outlets.
Market research and analysis. Statistical trend Theory. Product review and development.
The main mistake made by North American when trading with a middle Eastern companies are being Impatient.
Explanation:
- Middle east countries include countries such as United Arab Emirate, Iran, Iraq, Turkey, Egypt etc.
- North Americans are known to have a good trading relationship with many nations through out the world.
- But the failed to maintain a healthy and good trading relationship with Middle eastern companies such as UAE etc.
- On of the main reason why they failed is due to their impatience as arab people usually hesitate to take decisions regarding business right away and will demand some three or more business meetings before agreeing for trading, where on the other hand North americans didn't have such patience.
Hence their trading with North americans failed.
Answer:
b. 30%
Explanation:
The computation of the percentage increased in sales from the previous year to the current year is shown below:
= (Current year Sale - Preceding year Sale) ÷ (Preceding year Sale
)
= ($325,000 - $250,000) ÷ ($250,000)
= ($75,000) ÷ ($250,000)
= 30%
Hence, the correct option is b. 30%
We simply applied the above formula to determine the percentage increased in sales
Answer:
Credit to notes payable for $165000
Explanation:
Journal entries for issuance of Note Payable :
Cash Account ..... Debit $165000
7% Note payable Accounts .... Credit $165000
Note:
Note payable is a liability so it is credited as on date of issuance.