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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.

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Susan threw away in the garbage an old chair that had been in her family for many years by placing it on the curb with the rest
rewona [7]

Answer:

It belongs to Alma because Susan abandoned it and Alma took possession of it

Explanation:

By common law, Alma is a person who has found an abandoned property and she may claim it. To do this, she has to take some definite steps to show her claim. Alma can claim this abandoned piece of chair by taking it into her house, or by placing a sign on it to show that she now owns it.

If Susan was to take this to court, the court would determine the kind of item and where it was found to determine if Alma has a right to it. But since it was found in a dump site she now has the right to it.

5 0
3 years ago
What are the remains after the costs of running a business have been paidA. stockB. taxesC. profits
Vlad [161]
The answer is C. Profits.
Hope this helped!
3 0
3 years ago
Select the true statement about the impact of automation on employment. a.) Automated processes have no effect on the number of
avanturin [10]

Answer:

b.) While some job loss may occur as a result of automation, the potential for job creation exists

Explanation:

Automation is the process by which a the production process that is usually managed by people becomes mechanised.

The control and monitoring functions that people usually do is now transferred to automatic devices.

While this will cause some job loss as a result of lack of skill to operate the new machines, it will also result in an avenue for fresh employment.

Employees can acquire the required skill to operate the machines that are now used in the production process.

8 0
2 years ago
Suppose a small business has sales of $14,000 this month, with future sales expected to grow by $1,300 each month. Costs consist
jeyben [28]

Answer:

Please check the attachment to this document to get the excel sheet

Gross Profit (8 months from now)=$10,875

Explanation:

Please check the attachments of this post and download the excel sheet.

Best of luck

Download xlsx
8 0
3 years ago
A firm can produce steel with or without a filter on its smokestack. If it produces without a filter, the external costs on the
Licemer1 [7]

Answer:  B. The firm would install the filter at a cost of $ 300,000.

Explanation:

If the community owns the property rights, they would be able to demand that the firm pay the external cost of $500,000 per year.

If on the other hand the company installed a filter, it would cost them $300,000 but then they would not have to pay the community the $500,000.

The lower cost option would be to install the filter for $300,000 which is what the firm would do.

6 0
3 years ago
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