Answer:
ALL EXCEPT PRODUCTION
Explanation:
The costs of the value chain includes: Research and Development, Design Costs, Production, Marketing, Distribution and Customer Service.
The costs of the value chain are expensed in the current year income statement because they majorly (except production costs) fall under the category called periodic costs.
Periodic costs are costs that are more aligned with the passage of time than directly traceable to units of a product or event. Another major difference between product costs and period costs is that product costs can only be incurred when the products have been acquired or manufactured, while periodic costs will apply when the goods have not been acquired or produced yet, or as aforementioned, are associated with the passage of time.
In the light of above definition, all costs within the value chain are expensed as periodic costs with the exception of production costs which obviously are product costs.
Answer: At the end of the fiscal year
Explanation: In simple words, adjusting entries refers to the entries that are made in the accounts at the end of the accounting for to recognize income and expenses that are not accurately recorded in the accounts.
These journal entries can only be made at the end of the year as the mistakes could only be identified after preparing and comparing all the statements relating to the company.
Effective sales management begins with determining sales goals to be met by the sales force. Hence, option A is correct.
<h3>What is
sales management?</h3>
Sales management is the management of the sales members of the team. It involves different factors of sales, like hiring, educating, and inspiring the sales team; predicting sales and setting goals; and creating efficient lead management and sales-boosting tactics.
Sales is the primary benchmark of the success of the company, as the sales manager has to make different strategies to achieve the target.
Thus, option A is correct.
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Answer:
The answer is low
Explanation:
Liquidity or Solvency is the ability of a business to pay its debt(both in short term and long term).
In the question, Coleman Luggage has a liability of 879,000 and the total current assets(which can be used to offset the liability) are cash balance of $175,000 + inventories of $220,000 + Other short-term assets of $85,000 = $480,000.
To know its solvency (net working capital) = Asset - liability
$480,000-870,000
= -$390,000.
Coleman Luggage has a low solvency because his asset cannot cover all his liabilities. His asset is less than his liabilities
The assessed value of a condominium is usually higher than a similar <u>Cooperative</u> because of outright ownership.
This is because a cooperative's assessed value is often lower than a condominium's because cooperatives are not owned outright.
In a condominium, each unit within a larger complex is sold, as opposed to being rented out. These apartments, townhomes, or even commercial warehouses may have undergone renovation. Contrary to common misconception, the term "condominium" refers to the legal ownership structure rather than the specific sort of unit. Any building with several units has the option to "become condominium," which requires tenants to leave the property or buy their apartments outright. The walls of a condominium are theoretically owned by the people who buy
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