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asambeis [7]
3 years ago
9

James, an administrative manager at Seal Inc., is asked to purchase 100 printers for the firm’s office. He contacts a sales repr

esentative at Myro Distributors Inc. and places an order for 100 printers. Myro Distributors Inc. purchases the printers from Ink Corp., a wholesaler, and delivers them to James at his office. In this scenario, Myron Distributors Inc. is most likely to be a(n) _____.
a. retailer
b. producer
c. manufacturer
d. institution
Business
1 answer:
Reptile [31]3 years ago
8 0

Answer:

a. Retailer

Explanation:

Retailer is "a business or person that sells goods to the consumer, as opposed to a wholesaler or supplier, who normally sell their goods to another business "

Reference: WebFinance. “Read the Full Definition.” BusinessDictionary.com, 2019

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When using the allowance method for accounting for bad debts, accounts receivable is reported on the balance sheet at the expect
Minchanka [31]

Answer:

Have no effect on net realizable value

Explanation:

Net realizable value is the value of accounts receivable less any allowance for bad debts. This amount is reported in the balance sheet. Under allowance method, if a particular receivable is uncollectible, then the amount is reduced from both accounts receivable and allowance for bad debts. As such, there is no effect on the net realizable value as both the accounts are reduced by the amount that is uncollectible.

4 0
3 years ago
Which describes the difference between simple and compound interest?
soldier1979 [14.2K]

Answer:

Simple interest is based on the principal amount of a loan or deposit, while compound interest is based on the principal amount and the interest that accumulates on it in every period. Since simple interest is calculated only on the principal amount of a loan or deposit, it's easier to determine than compound interest

Explanation:

3 0
3 years ago
Read 2 more answers
It is of utmost importance that the recruitment, screening, orientation, training, evaluation, and retention of crisis workers d
svp [43]

Answer:

The answer is options A) and B)

A) learning the basic communication skills of the residents of the areas they are serving:

B) a multicultural clientele.

Explanation:

In crisis periods like the one we are currently experiencing as a result of the Covid-19 Pandemic, It is of utmost importance that the recruitment, screening, orientation, training, evaluation, and retention of crisis workers deal with the reality of:

A) learning the basic communication skills of the residents of the areas they are serving: this procedure takes place during the orientation, training and evaluation stage.

B) a multicultural clientele: The accurate knowledge of multi-cultural clientele guides the order of recruitment in the sense that, workers are properly assigned to the area that matches their experience, skill set and cultural inclination.

8 0
3 years ago
Assume that Kish Inc. hired you as a consultant to help estimate its cost of common equity. You have obtained the following data
Kobotan [32]

Answer:

Cost of equity= 10,50%

Explanation:

The cost of equity is the return a company requires to decide if an iThe cost of equity is the return a company requires to decide if an investment meets capital return requirements. A firm's cost of equity represents the compensation the market demands in exchange for owning the asset and bearing the risk of ownership.

Cost of equity= (D1/P0)+g

D1= next year dividend (D0*

P0=actual price

g= growth rate of dividends

In this exercise:

D1=D0*(1+g)=0,90*1,07=$0,963

P0=$27,50

g=0,07

Cost of equity= 0,963/27,5+0,07=0,1051=10,50%

8 0
3 years ago
What is the typical relationship between time and interest rate everfi?
klasskru [66]
<span>Interest rate is directly proportional to time. An interest rate is the amount of money due per period or a proportion of the amount borrowed or deposited. The total interest depends on the principal sum and the length of time over which it is lent or deposited. Therefore, the value of money will depend on interest rate and time. The longer time of debt or bank deposit, the higher interest rate.</span>
7 0
3 years ago
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