Expanding your trade credit can increase your sales volume. More time to checkout increases a customer's purchasing power and the number of products they purchase extends trade credit to your customers.
Giving your customers extra time to pay their bills can bring many benefits to your small business. Offering credit to customers is a way to increase sales and provides consumers with payment flexibility. While there are benefits to extending a loan, there are also issues to be aware of.
Generate more sales. The number one reason to consider financing your customers is that it makes your business more attractive to customers. People often want to buy something if they can buy it on credit.
Credit means the right to defer or incur a debt and defer payment of a debt offered or granted primarily for personal, family, or household purposes.
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Any sort of funds used In financing a firm is recorded in the Financing activities while the loans cash will be recorded in the Financing activities of the statement of cash flows as well.
<h3>What is the
Financing activities of cash flows?</h3>
This part of cash flows record the financing activities such as raising money through lending or issuing a bond as well as paying back to the investors.
Therefore, both transactions will be recorded in the financing activities of cash flows.
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Answer:
d. There is currently no federal law protecting lesbian, bisexual, gay and transgender individuals.
Explanation:
LGBT people are not currently protected against discrimination in employment and in the workplace by any specific federal law. Title VII of the Civil Rights Act of 1964 offers some protection because it forbids employment discrimination on the basis of sex.
However, sex is not the same as sexual orientation, or gender orientation, and as a result, LGBT people are not fully protected.
Answer:
Behavioral observation scales (BOS).
Explanation:
Performance appraisal is a formal systematic process combining both written and oral elements for reviewing and evaluation of individuals or a team's task performance in an organization. It helps employers to understand the abilities of their employees for further growth, training and development. One of such tool for performance appraisal is
Behavioral observation scales (BOS) is a performance appraisal method in which various performance levels are shown along a scale that incorporates only positive performance behaviors.
This simply means, BOS is focused on using one or more scales to gauge the frequency with which a staff has performed positively, effectively and efficiently in the job.
Hence, Behavioral observation scales (BOS) are goal-orientated process helps an employer to maximize the productivity of his or her employees, team members and by extension the organization.
