Answer:
The journal entry for the cash receipt and on that the sales tax is charged is as follows:
Explanation:
Cash A/c................................Dr $8,640
To Sales A/c.............................Cr $8,000
To Sales Tax Payable A/c.....Cr $ 640
Working Note:
Sales Tax Payable = Amount of cash sales × Rate of Sales Tax
= $8,000 × 8%
= $640
So, the total of cash received will be = Sales Amount + Amount of sales tax payable
= $8,000 + $640
= $8,640
Answer:
Buyer/seller
Explanation:
In the case of lean system it focused on the customer side while on the other hand the JIT i.e. Just in time focused on the manufacturing process i.e. efficiency
So in the case of lean or JIT system the burden for ensuring the production quality from vendor shifts is from the buyer to the seller
Therefore the above represents the answer
Answer:
A. return on marketing investment (ROMI)
Explanation: ROMI is used to measure the overall effectiveness of marketing campaign.
Answer:
Invoro will have a resource that is valuable but no longer rare.
Explanation:
Invoro's competitive edge has been duplicated by Finolo and Ethics through their customer knowledge base and products that appeal to customers.
The resource that Invoro has is still valuable and can give the company a good market share, but it is no more rare.
Answer:
$1,550
Explanation:
Given that
Price tag = $620
Discount percentage = 60%
By taking the information,
The computation of the suit original price equal to
= Price tag ÷ (1 - discount percentage)
= $620 ÷ (1 - 0.60)
= $620 ÷ 0.40
= $1,550
Therefore, the suit original price is $1,550 after considering the discount percentage and the price tag.