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lana66690 [7]
3 years ago
9

Rosalie’s sales numbers have declined. The Marketing Director, Product Development Lead, and Sales Manager proceed to engage in

a broad discussion of the different factors that may have led to this decline. They are engaging in a process known as____________.
Business
1 answer:
kykrilka [37]3 years ago
7 0

Answer: environmental scanning

                     

Explanation: In simple words, environmental scanning refers to the process in which an organisation tries to gather maximum information by an event  and interpret its relationship with the external and internal environment of the entity.

This process in usually done by the top management for estimating future that if there will be any opportunities  to grab or any threats to be concerned about.

Hence from the above we can conclude that the given case depicts environmental scanning.

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Readme [11.4K]
All of them but computers
3 0
3 years ago
he following information pertains to Lightning Inc., at the end of December: Credit Sales $ 20,000 Accounts Payable 10,000 Accou
agasfer [191]

Answer:

What is the appropriate amount of Bad Debt Expense?

Bad debt expense $ 1,178  

Allowance for Uncollectible Accounts  $ 1,178

Explanation:

The total amount of Allowance for Uncollectible Accounts is a credit of $0,400

  • Initial Balance  

Accounts Receivable $ 10,400  

Allowance for Uncollectible Accounts  $ 0,400

  • The aging method indicates that the total amount must be :

            Acc. Rec    Allow.  

7%    $ 7,000     $ 0,490 Not yet due

15%   $ 1,700     $ 0,255 1-30 days

49%  $ 1,700     $ 0,833 more than 30 days

        $ 10,400 $ 1,578  

  • It's necessary to entry the next journal entry to meet the amount indicated by the aging method.

Bad debt expense $ 1,178  

Allowance for Uncollectible Accounts  $ 1,178

7 0
3 years ago
The "inverse dependency ratio" is defined as the ratio of
Papessa [141]

Answer:

The correct answer is the option C: the working-age population to the number of dependents.

Explanation:

On one hand, the <em>dependancy ratio</em> is the name given, in the field of economics, to the term that refer to an age-population ratio that are and are not in the labor force. Moreover, this type of ratio focuses in measuring the pressure that the productive population has over the nonproductive population.

On the other hand, the <em>inverse dependay ratio</em> measures the amount of labor force that has to be provided regarding one dependent person. Therefore that it is understandable that <u><em>the inverse dependency ratio is defined as the reatio of the working-age population to the number of dependents</em></u>.

6 0
3 years ago
"_____ are groups of concerned citizens who band together to try to influence the business practices of specific industries, bus
Nastasia [14]

Advocacy groups are groups of concerned citizens who band together to try to influence the business practices of specific industries, businesses, and professions.

Explanation:

Advocacy groups are important components of consumer rights in the capitalistic market and are essential for maintaining good business practices in the capitalistic society where competition can take a hold over the moral situation that should in  a sense dominate.

The advocacy groups that work this way are the ones who are a group of concerned citizens who band together to try to influence the business practices of specific industries, businesses, and professions. This is important for consumer rights for this sector to be strong.

5 0
3 years ago
Q 8.17: The financial statements of the Larson Company report net sales of $1,000,000 and accounts receivable of $80,000 and $60
Phoenix [80]

Answer:

25.55 days

Explanation:

first we must calculate the accounts receivable turnover ratio = net sales / average accounts receivable

net sales = $1,000,000

average accounts receivable ($80,000 + $60,000) / 2 = $70,000

accounts receivable turnover ratio = $1,000,000 / $70,000 = 14.286

average collection period = 365 days / accounts receivable turnover ratio = 365 / 14.286 = 25.55 days

8 0
3 years ago
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