1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Aneli [31]
3 years ago
12

Although there are some clear disadvantages associated with extending credit to customers, such as bad debt costs, most managers

believe a particular advantage outweighs the costs. To which primary advantage do they refer?
Business
1 answer:
WITCHER [35]3 years ago
5 0

Answer:

The primary advantage they refer to is additional sales revenue.

Explanation:

Extending credit to customers is generally done through use of credit cards these days. This does allow the customers to buy goods and services on credit and pay later for those goods.

Offering credit is beneficial for both the shopkeepers or merchants and the buyers. Customers do not have to pay cash (as they can run out of cash at times), so they buy more and this increases the sales revenue for the merchants, which becomes the primary advantage for them and outweighs the costs.

You might be interested in
Select the correct answer from the drop-down menu. What is bias?
amid [387]

Answer:

bias is leaning toward a certain perspective for certain reasons other than logic like your own opinion. for example, a news reporter could report negatively about something because he/she is against it even tho it benefits the majority

6 0
3 years ago
Read 2 more answers
When amazing bikes co. sells inventory to a customer with shipping terms fob destination, to record the shipping costs amazing b
Lelu [443]

The correct answer is to debit an expense.

What is debit ?

  • Still, plutocrats are taken out of it to pay someone differently, If an item or a client's account is debited. When you charge your credit card, you credit the credit card account to increase the quantum that you owe, and disenfranchise the expenditure that you charged on it.
  • The bank will disbenefit your account for the freights.
  • Disbenefit' is a formal secretary and account term that comes from the Latin word debere, which means" to owe".
  • The disadvantage falls on the positive side of a balance distance account, and on the negative side of a result item.
  • Under term FOB destination, freight is paid by the seller.

Hence,

When amazing bikes co. sells inventory to a customer with shipping terms fob destination, to record the shipping costs amazing bikes co. should debit an expense.

Learn more about debit here:

brainly.com/question/14279491

#SPJ4

3 0
1 year ago
The cash account shows a balance of $42,000 before reconciliation. The bank statement does not include a deposit of $9,200 made
Keith_Richards [23]

Answer:

$45,473

Explanation:

Base on the scenario been described in the question, we can use this method to solve the problem.

Solution:

$42,000 + $4,960 – $1,100 – ($1,830 – $1,380) + ($381 – $318)

= $46,960- $,1,100-$450-$63

=$45,473

As our answer

8 0
3 years ago
HOW MUCH IS 5OO ROUNDED TO THE NEAREST 10TH
Anit [1.1K]
500 rounded to the nearest tenth is 500 because there is nothing to round

6 0
3 years ago
Maurice and Stanley's train store has grown to the point that they need more capital to expand the current location and to open
harina [27]

Answer:

b. sole proprietorship.

Explanation:

  • A sole proprietorship is a single business entity that is responsible for all profits and losses and may use a sole name or a business name as a private company is known for its flexibility and thus does not need to take large loans from the government.
  • Have an advantage of less administrative paperwork and record-keeping than a corporation, have less risk of being stolen by investors.
6 0
3 years ago
Other questions:
  • If country ABC can produce a unit of good 1 by sacrificing fewer units of good 2 than can country XYZ, it is correct to say that
    13·1 answer
  • The __________ method sets the promotion budget at a certain percentage of current or forecasted sales or as a percentage of the
    13·1 answer
  • Around the world, consumers are showing a robust appetite for the sharing-based economy. The presence of a few dominant companie
    5·1 answer
  • Fiona works for an organization that needs concise data as well as detailed historical data for analysis from time to time. Whic
    12·2 answers
  • ___________ is a process used to test consumer reactions about a product among potential users.
    11·2 answers
  • The Unique Bookshelf Company is considering the purchase of a custom delivery van costing approximately $50,000. Using a discoun
    5·1 answer
  • A delivery company is considering adding another vehicle to its delivery fleet; each vehicle is rented for $250 per day. Assume
    9·1 answer
  • The major advantage of margin trading is the
    12·1 answer
  • The following summarized Cash T-account reflects the total debits and total credits to the Cash account of Thomas Corporation fo
    14·1 answer
  • According to information provided in the chapter, McDonald’s has been involved in a variety of corporate social initiatives. Giv
    10·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!