Answer:
New trade theory
Explanation:
New Trade Theory can be regarded as an economic theory, that helps in giving prediction about pattern of
international trade. It was set up arround 1970s. It gives explanation on
the reason why we usually have comparable products from countries that is not ours even though we have the product been produced in our country. It should be noted that New trade theory stresses that in some cases, countries specialize in the production and export of particular products not because of underlying differences in factor endowments, but because in certain industries the world market can support only a limited number of firms
Answer:
This is the comment referred to in the question:
Just got back from Serendipity Rack in Vegas. What a great store! I spent over $350, but I got such bargains. I bought designer shoes and a terrific winter coat that would have cost $350 alone full price. Tell all of your friends!
The answer is that I would respond to the comment.
Explanation:
The customer is giving a positive review to the business, highlighting a positive experience because of the perceived low prices.
As the director for customer service, it would be good to respond to the comment, in a manner that appreciates the customer's positive feelings about the store, and encourages him to visit the store again.
In this way, the customer would not only feel that the store is valuable, but would feel himself valued by the store, something that would likely enhance his loyalty.
Answer:
$4,260
Explanation:
The journal entry to record the adjustment to the allowance account includes a debit to Bad Debts Expense is given below:
Estimated Uncollectible Accounts is
= $104,000 × 5%
= $5,200
Now
Bad debt expense is
= Estimated Uncollectible accounts - credit balance in Allowance account
= $5,200 - $940
= $4,260
My best guess is "intranet" (NOT "internet").
Answer: Net Income
Explanation:
Net Income is the profit made by a company after it has finished paying off all expenses including taxes and interest payments on debt.
Calculating the net income is the main purpose of the Income statement which is where we will see the expenses that the business is incurring and how much sales they are making to get such profits. This net income is then transferred to the Retained Earnings in the balance sheet.