Answer:
When the company gets cash from a bank loan,
Cash Debits
Bank Loan Account Credits
what happens is that the Assets increase and the Liabilities also increase.
Explanation:
Answer:Flour should be acquired through a contract.
Explanation: Acquiring flour through a contact will be very important for DonutVille as it will ensure a follow-up and a feedback system where the manager of DonutVille establish a relationship with the company supplying the flour through one of its distributors or agents.
When purchasing of flour is achieved through a contact, it makes the contact a responsible person who will be needed to guarantee the supply of flour on time and to Communicate with the manager of DonutVille should there be any matters arising in the process getting supplies.
Answer:
C.
EXPLANATION:
The reason for the answer choice is because knowing your competitors will make a company to differentiate their product or services in the market, either through superior quality, low prices or strategic branding, etc to be able to improve their customer base and market share.
