You can make a promise and really mean it, but later not deliver it - you would still be honest.
You can be confident in your promise and still not deliver it.
But if you really delivered what you promised, you would be reliable - the correct answer is c)
Answer:
$7,714
Explanation:
The computation of the cost of good sold under LIFO method is shown below
But before that following calculations need to be done
Goods sold = Beginning inventory + Purchases - Ending inventory
= 114 + (399 + 57) - 190
= 380 units
Now 380 units sold would include 57 units of July 22 purchases and balance i.e. (380-57) 323 units of July 7 purchases
So, cost of goods sold
= (57 × 22) + (323 ×20)
= $7,714
Based on the explanation below, the amount that will be entered in the debit column of the customer's ledger file is D. $1,200.
<h3>Effect of credit sales and sales returns on customer's ledger file</h3>
It should be noted the purchase by the customer is a credit sale to the seller.
In the book of the seller, the $1,200 is entered in the debit column of the customer's ledger file immediately after the customer purchases materials of $1200.
However, since the effect of sales return is to reduce the total amount of sales made to a customer, $200 will be entered in the credit column of the customer's ledger file after the return.
Therefore, $1,200 is entered in the debit column of the customer's ledger file.
Learn more about credit sales here: brainly.com/question/24261944.
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Answer:
8.108 times
Explanation:
Given:
Net credit sales = $750,000
Beginning accounts receivable = $75,000
Ending accounts receivable = $110,000
Average accounts receivables = 
= 
=$92,500
Accounts receivable turnover ratio = Credit sales ÷ Average receivables
= 750,000 ÷ 92,500
= 8.108 times
Answer:
compatibility
Explanation:
In marketing, compatibility refers to how well a product or service matches the markets' values, expectations and needs. Will customers accept the new product or service and use it, or they will not.
A great example of lack of compatibility is the tablet sold by Microsoft in year 2000. It was a financial disaster and really few people even know that the product was offered and even less people actually ever bought it. Customers had no use for tablets in year 2000, but magically Steve Jobs sold millions a few years later. One might think that Apple products are superlative compared to Microsoft's products, but that isn't enough to explain such a failure.
Steve Jobs believed that customers didn't know what they needed, and if you offered a good enough product, they would like it, buy it and use it. Of course, the product that you are selling must be able to satisfy your customers' needs, even if they didn't realize it at first.
But Microsoft struggled to show their customers (in year 2000 Microsoft was the largest company in the world) that they could actually use their tablets to satisfy some type of need. If a company's customers do not realize that a product will satisfy some type of need, they are not going to buy it.
The same happened here. The segway was supposed to be a great innovation, and if the company had done things correctly it probably could have been. The problem with the segway is that it was meant to replace walking, and for short distances really. It was based on the same logic as a remote control for a TV, only that customers never realized it that way.
