Answer:
C.
Explanation:
Wholesaling consist of the sale and all activities in selling goods or services to those who buy for resale or business use.
Characteristics of Wholesaling:
-Wholesalers generally buy merchandise direct from the producers in large quantity mainly in cash.
-They are trading concern having an army of agents and stocks the large quantity of goods, supply or sell goods to the directly or through their agents in small quantities.
-Wholesalers are financially good health. They purchased goods in cash from the manufacturer and sell to the retailers on credit.
-Wholesalers profit margins is very small so that they can maximizes their sales volume to earn maximum profit.
-They deals in limited product line or products.
-They maintain warehouse and godown at different places in the country to facilitate the trade at minimum transportation charges.
They sometimes make the grading of goods under their own name or brand name.
Answer:
Taking Care Of Business And Monitoring Everyone
Explanation:
Answer:
$11,400
Explanation:
Straight line depreciation expense = (Cost of asset - Salvage value) / useful life
(
$117,000 - $3,000) / 10 = $11,400
the straight line depreciation method allocates the same depreciation expense for each year. so, the depreciation expense would be $11,400
Answer:
Companies that get feedback, but whose heart is not in it. Customer survey. A systematic way of asking customers what they think. Blanket tone. Used when ...
Explanation:
Answer:
Correct Answer:
a. are discarded for purposes of decision making for all future plans.
Explanation:
In business organization, there will be situations where there will be need to ration the capital used in the business for effective running of the business. <em>When there is an ongoing project, the project expenses would be rationed in such a way that, relevant ones would receive attention from the megre capital fund while unfunded proposal would be discarded.</em>
