To accurately determine the financial performance of a company, it is necessary to compare its performance from <u>year to year</u>.
In order to accurately determine the financial performance of a company, financial statements are used in evaluating, which include the balance sheet, statement of cash flows, and the income statement.
Financial performance indicators are quite necessary as they are quantifiable metrics which are used to measure how well a company is doing. Some companies also hire an outside accounting firm to audit the financial statements.
Hence, it is necessary to compare the financial performance of a company from year to year.
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Answer:
c. customer relationship management
Explanation:
Customer relationship management -
It is the method , to manage the interactions of the present or previous customers with the company , by using the data , is known as the customer relationship manangement .
It make use of all the previous data in order to increase the business realtionship with the cutomers , for better profit .
The CRM , takes help from the website of the compnay , emails , chats and even social media , to perform its task .
Answer:
<u>Thus Calculation of September Cash Receipts is as follows:</u>
September Sales ( $170,000 × 30%) = $51,000
August Sales ( $150,000 × 55%) = $82,500
Total = $133,500
Explanation:
September cash receipts will include the following :
- 30% of September Sales
- 55% of August Sales
<u>Thus Calculation of September Cash Receipts is as follows:</u>
September Sales ( $170,000 × 30%) = $51,000
August Sales ( $150,000 × 55%) = $82,500
Total = $133,500
<u>Answer:</u>
<em>Yes, but only to clarify the ambiguous contract terms
</em>
<em></em>
<u>Explanation:</u>
Breach of contract is a legitimate reason for activity and a sort of common wrong, wherein a sound understanding of anticipated trade isn't regarded by at least one of the gatherings to the agreement by non-execution or obstruction with the other party's presentation.
A material breach is the most genuine type of break of agreement. In these cases, somebody has failed to maintain their obligations as spread out in the contract. At the point when this happens, the harmed party can seek after harms in a standard suit. In the end, when a contractual worker finishes an undertaking yet isn't paid, this is viewed as a material breach.