Answer:
Since Mrs. O'Malley disenrolled form the plan because she was moving away to a location that was not served by the company, Agent Higgins compensation should not be affected.
If Mrs. O'Malley (or any other client) leaves the plan before the 3 month period because she decides to go back to her former provider since she doesn't like this plan (for whatever personal reason), then the company would be able to recoup Agent Higgins's compensation.
Answer:
$16,000
Explanation:
Data provided
Ending cash balance = $72,000
Beginning cash balance = $51,000
Cash receipts = $135,000
Cash disbursements = $130,000
The computation of cash borrowing is shown below:-
Ending cash balance = Beginning cash balance + Cash receipts - Cash disbursements + Cash borrowings
$72,000 = $51,000 + $135,000 - $130,000 + Cash borrowings
Cash borrowings = - $72,000 + $51,000 + $135,000 - $130,000
= $186,000 - $202,000
= $16,000
A feature of personal selling by salespeople is that it is their development of oral conversation.
<h3>What is a Personal selling?</h3>
This refers to a face to face selling technique whereby the salesperson uses an interpersonal skills to persuade the prospective customer in buying a particular product.
However, the main feature of personal selling by salespeople is that it is their development of oral conversation because they need to effectively persuade their client.
Read more about Personal selling
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Answer:
Arthur's fixed costs are $952
Explanation:
The break-even point is the level of production at which the costs of production equal the revenues for a product and calculated by using following formula:
Break-even point in units = Fixed costs/(Selling price per unit-Variable cost per unit)
Fixed costs = Break-even point in units x (Selling price per unit-Variable cost per unit)
In Arthur, Break-even point in units = $1,460/$23
Fixed costs = $1,460/$23 x ($23 - $8) = $952
Answer:
a. Bill
c. Vendor Credits
d. Bill Payments
Explanation:
QuickBooks Online is an accounting software that has millions of users most of whom are medium and small time businesses. It is very useful in ensuring that the needs of even novices in accounting are taken care of.
In the Accounts Payable Aging detail report, QuickBooks online includes Bills which gives a list of vendors purchased from. It includes Vendor credits which shows the vendors owed and the payment terms of the debt and Bill payments which show the history of payments both owed and already made to certain vendors.