Answer: D. Longhorn owns the inventory and should report it on its balance sheet.
Explanation:
Goods to be sold on consignment for a company means a company is selling goods for another company and will be paid for their services.
In that case, the company being sold for will retain the ownership of the goods because the company that is selling it for them is simply providing a service.
Angus in this scenario are simply holding the goods to sell it and so do not own the goods. Longhorn should therefore record it in their own books as inventory.
Answer:
Generally consists of a company's cumulative net income less any net losses and dividends declared since its inception
Explanation:
Retained earning is the balance of a company's profit that is retained after the distribution of dividend declared to it's shareholders.
A company that makes profit at the end of a reporting period usually make dividend declaration to its shareholder. The accumulation of these declarations are then taken out of the profit earned by the company. The balance when dividends declared(since it's inception) by the company is taken out from its profit, including any net losses is known as retained earning.
Answer:
ukrskyrstluustliltdild5id
5i
d5dtij
dttid
idt
iltddtlilitdild5itlditdlidltdt
idt
it
iddt
iiltditdlditlidtdt
iitldtdi
ditlidltdlit
Explanation:
uktstliutlss5i
5id
il6rrip6
6ro
6ridli6dil5d6
it
did
tidi
5dti
di
tdid
tdi
tid
i
tdoyd
id
ttid
tidl.idtltddit
tdi
dti
tid
idt
itd
dtdi
idt
it.dlitrkutdkutdutdludltudlitd
itofyyo
f
foy
rti
fo6dti6r96r
9
97r7r0
6r9
r96
9
goofy 0r
said
Answer:
B. customer relationship management
Answer:
C; captive
Explanation:
The correct answer here is the captive product pricing. This system enables companies to sell other product known as the captive product alongside the main product which is called the core product.
By selling the printer at a reduced price, the company can make a gain on this by ensuring that the auxiliary product which is the catridge is something that needs to be bought repeatedly.
Thus, the company has enhanced the sales of the ink catridge by ensuring that it’s an important part needed for the main product which is the printer to function.
So in this question, we can see that the catridge is the peripheral or auxiliary product otherwise called the captive product while the core product is the printer which is sold basically at a cheaper price