Answer:
3. consumers know what is available
Explanation:
Answer:
The answer is $53,699
Explanation:
Discount = 2%
Discount days = 15 days
Net days = 40 days
Gross purchase is $800,000 per year
Discount on the purchase is $16,000(2% of $800,000)
Therefore net purchase is $784,000($800,000 - $16,000).
Net per day is:
Net purchase ÷ 365 days
$784,000 ÷ 365 days
= $2,147.95
Total trade credit = Net per day x Net days
$2,147.95 x 40 days = $85,918
Free credit = Net per day ×Discount days
=$2,147.95 x 15= $32,219
Therefore, Costly trade credit = Total credit −Free credit
$85,918 - $32,219
= $53,699
Answer:
Current Assets = $85,000
Explanation:
Anson Corporation
Balance Sheet (Partial)
As at December 31, 2018
Assets
Current Assets:
Accounts receivable $12,000
Inventories 40,000
Treasury Bill 30,000
<u>Prepaid insurance 3,000</u>
Total current assets $85,000
Prepaid insurance $6,000/2 = $3,000 is for current years. Therefore, $3,000 is a current assets. Since treasury bill is an investment and for 3 months, it is a current assets.
Answer:
A. Customer service friendliness and genuinenss in helping guest
Explanation:
Answer:
Selling
Explanation:
Ken Blanchard postulated the Situational Leadership Theory. It based on the assumption that there is no one best way for leadership to be administered, rather leader's style should depend on the task being performed.
The leadership style to be adopted is also dependent on how ready the group is for development.
The leadership styles are telling, selling, participating, and delegating.
Selling is when the members of the group are able to perform a task but are not motivated to do it. A leader who can create a motivation or sell the idea of the task is required.
In the given scenario Kevin has worked at Van Der Moor Electronics Repair for 12 years where he has accumulated a number of different skills. But he is insecure.
The selling leadership will motivate him.
