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matrenka [14]
3 years ago
9

What is the primary goal of the purchasing process?

Business
1 answer:
8_murik_8 [283]3 years ago
8 0
Answer : ensure uninterrupted flows of raw materials at the lowest total cost, improve total cost,improve quality of the finished goods produced,and maximize customer satisfaction
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In a fractional reserve banking system: Group of answer choices banks create money by printing it. banks create money by making
r-ruslan [8.4K]

Answer:

the size of M1 can only be a fraction of checkable deposits.

Explanation:

fractional reserve banking system requires that a fraction banks receive as deposits from customers be kept as reserves with the central bank and the rest be made out as loans.

M1 consists of coins, demand deposits and currency in circulation. Banks determine the money in circulation by giving out loans. so the size of M1 can only be a fraction of checkable deposits.

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The four types of entrepreneur described by Arthur Cole were the Innovator, the Organization Builder, the Over-Optimistic Promot
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The calculating investor
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In two to three sentences, describe how you would use the AutoFill shortcut.
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4 0
3 years ago
Sales have decreased for two consecutive quarters at your business. You have been instructed to inform your sales team that thei
Ira Lisetskai [31]

Answer:

To: The Sales Team

From: Henry Cavill, Vice President, Employee Relations

Date: 13 July 2021

Subject: Revisions in Compensation Structure of Sales Department

Dear All,

As you all are going to be knowing, the sales of the corporate have been decreasing since the last 2 quarters. The performance of the half-moon was rock bottom sales achieved by the corporate, within the last 5 years. As a result of this, the corporate and management have decided to require certain strict decisions.

The management has decided to scale back the bottom pay also because of the work hours of the sales team by 20%. This reduction is going to be applicable to all or any levels of the sales division. This decision has been taken in an attempt to form up for the losses, faced by the corporate, thanks to the negative overall performance of the sales team. The new compensation structure is going to be applicable from May 1st, 2019, and can be in practice till the general performance of the sales team bounces back.

In this duration, the corporate also will be observing the performance of the members of the sales team. The compensation of sales employees, who will display extra-ordinary performance, are going to be rewarded by the corporate within the corresponding quarter. Hence, all employees must be motivated to perform their best during this critical time, faced by the corporate.

The management hopes that the workers will understand the company’s perspective during this hard time. We hope things will become better and brighter quite soon. don't hesitate to follow up with me just in case of any doubts or clarifications.

Regards,

Henry Cavill

Vice President, Employee Relations

4 0
2 years ago
On December 31, Jarden Co.'s Allowance for Doubtful Accounts has an unadjusted credit balance of $14,000. Jarden prepares a sche
Kryger [21]

Answer:

Dr Bad debt expense 28,799.40

    Cr Allowance for doubtful accounts 28,799.40

Explanation:

allowance for doubtful accounts balance $14,000

$880,000     not due yet        1.2%        $10,560

$350,000     1 to 30 days       1.95%      $6,825

$70,400        31 to 60 days    6.45%     $4,540.80

$35,200       61 to 90 days    32.50%   $11,440

$14,080        over 90 days      67%       <u>$9,433.60</u>

total                                                       $42,799.40

Journal entry

Dr Bad debt expense 28,799.40

    Cr Allowance for doubtful accounts 28,799.40

3 0
3 years ago
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