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mixer [17]
3 years ago
15

General rule to use in assessing the average collection period is that

Business
1 answer:
saveliy_v [14]3 years ago
4 0
The general rule you are refering is that it should not exceed greatly the credit term period. Rules that do not apply in this case is the 30 days exceed rule, the rule that says that it can be any length as l<span>ong as the customer cont<span>inues to buy merchandise, and the rule that says that it should not greatly exceed the discount period. </span></span>
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Norris Company declared cash dividends of $60,000 during the year. Cash dividends payable were $20,000 at the beginning of the y
Studentka2010 [4]

Answer:

b. $55,000

Explanation:

The movement in the dividend payable account which represents the difference between the payable opening an closing balances. This difference is due to dividend paid during the year as well as dividend declared and can be shown by the equation below.

Opening balance + Declared dividend -  dividend paid = closing dividend

$20,000 + $60,000 -dividend paid = $25,000

Dividend paid = $20,000 + $60,000 - $25,000

= $55,000

4 0
3 years ago
Development of most new drugs, from discovery to marketing approval, usually takes ________.
trasher [3.6K]

Answer:

Nine years or more

Explanation:

Development of new drugs is a long process and from  discovery to marketing approval takes nine years or more.

The process of bringing new drugs to he marketplace after the identification of a main compound through drug discovery is called drug development. There are  various stages of drug development such as <em>Discovery and development, Pre-clinical research, Clinical research and FDA review.</em>

7 0
3 years ago
Distribution strategies ​
serious [3.7K]
At the strategic level, there are three broad approaches to distribution, namely mass, selective and exclusive distribution. The number and type of intermediaries selected largely depends on the strategic approach. The overall distribution channel should add value to the consumer.
3 0
3 years ago
g Which of the following are included when establishing advertising​ objectives? A. Tonality and advertising appeal B. Message a
Nataly_w [17]

Answer:

Advertising appeal and unique selling proposition.

Explanation:

Advertising is a promotional activity which purpose is to sell a product or service to a target audience.

The unique selling proposition of a product is intended to appeal to a specific. group of audience. For example, the social, psychological, physical and financial backgrounds of customers play a major role. When these various characteristics of the target group are known, it will be easy to determine how a product’s features would be a solution to the problems faced by the target audience.

Advertising appeals are the different techniques that are applied to get the attention of customers to patronize a particular product or service.

3 0
3 years ago
In recent years, foreign firms were reluctant to merge with or acquire American corporations.a. Trueb. False
dangina [55]

Answer:

b. False

Explanation:

Merging or acquiring American corporations by foreign firms helps them consolidating businesses or assets with a view to increasing productivity, maintaining a competitive edge, growing market share, or controlling supply and distribution networks. It gives them a reputation at the international stage as the United States has a dominant capitalist stand and merging with it ensures a promising future in the business market.

8 0
3 years ago
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