One can identify the most promising distributors by:
- Looking at their credit history and others to check their Financial stability Also examine their size in terms of outside and inside sales power, selling skills, competence and others to know their Sales and marketing strength.
- Evaluate their past sales history in terms of same or similar cuisines to know their Sales performance and then rate them in their order of importance,
<h3>How do one evaluate Potential Distributors?</h3>
This is done by;
- Lookin for their Financial stability through credit history, being timely in payments, and others.
- Looking their Sales and marketing capabilities.
- Looking at their service delivery and Sales performance.
Note that One can identify the most promising distributors by checking their credit history and examine of all their past sales history to be able to tell their Sales performance.
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Answer:
Retail banks operate in order to earn profit, while credit unions are nonprofit
Explanation:
What is a major difference between retail banks and credit unions?
Retail banks only serve businesses, while credit unions only serve individuals.
- This answer is false, both retail banks and credit unions serve businesses and individuals.
Retail banks operate in order to earn profit, while credit unions are nonprofit.
- This answer is true, retail banks earn profits while credit unions are non-profits.
Retail banks only have small local branches, while credit unions are nationwide.
- This answer is false. Generally speaking, retail banks have a much larger geographic footprint than credit unions. Many retail banks are found across the entire country (and sometimes world!) but most credit unions are focused on serving their local community.
Retail banks manage a person's money, while credit unions focus on providing loans.
- This answer is false. Both retail banks and credit unions offer money/investment management services in addition loans. The financial products offered by retail banks and credit unions depend on the market served and business conditions.
Answer:
Explanation:
The adjusting entry is shown below:
Supplies expense A/c Dr $2,900
To Supplies A/c $2,900
(Being supplies expense is recorded)
The supplies expense is computed below:
= Supplies opening balance + purchase made - supplies ending balance
= $1,800 + $2,900 - $1,800
= $2,900
For recording this transaction we debited the supplies expense account and credited the supplies account for $2,900