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cluponka [151]
3 years ago
11

After selecting a target market and a retail mix, the final element in a retail strategy is the identification of prospective wh

olesalers. Group of answer choices True False
Business
1 answer:
rusak2 [61]3 years ago
3 0

Answer:

False

Explanation:

There are business that do not need wholesale distributors, as online commerce expands, the supply chains are shrinking, e.g. Xiaomi is a Chinese smartphone manufacturer that only sells its phones online, and it is the fourth largest cellphone manufacturer in the world.

There are 5 elements in developing a retail strategy:

  1. scope
  2. goals and objectives
  3. resource deployment
  4. sustainable competitive advantage
  5. synergy

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Fiat money has :
lys-0071 [83]

Answer: Option (B)

Explanation:

Fiat money is referred to as the currency which tends to have no intrinsic value and thus has been further entrenched as money. This process is often carried out by the federal government. This particular type of money does not tend to have the use of value, and only has the value since the authority i.e. the government tends to maintains its value.

3 0
3 years ago
Suppose that in your first year of college you spend $21,800.00 more than you earn. In your second year, your expenses increase
lilavasa [31]

Answer:

$483,000.987

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Explanation:

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Jones Company received $2,200 in cash during March for Service Revenue for a job that will be completed in May. This job would b
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Answer:

Explanation:

The journal entry is shown below:

Cash A/c Dr $2,200

  To Service revenue $2,200

(Being cash is received)

Since the cash is received so we debited the cash account and credited the service revenue account as the service is completed which create an income for the business organization.

We do not write unearned service revenue as the amount is actually received from the customer

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3 years ago
The amount of a company’s sales revenue that remains after subtracting the “cost of goods sold,” a standard accounting measure o
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you can use both. but not sure.

3 0
3 years ago
If the physical count of the inventory revealed $158,000 of merchandise on hand and the inventory records reported $163,000, wha
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The necessary adjusting entry to record inventory shortage would be:

“Cost of Merchandise Sold debit $5,000; Merchandise Inventory credit $5,000.”

Cost of Merchandise Sold is the cost of goods and services that correspond to sales made to customers. In this case, we need to decrease ending inventory by the quantity of these goods ($5,000) that either were shipped to customers or assigned as being customer-owned under a certain agreement. Meanwhile, the merchandise inventory is the cost of goods on hand and is available for sale ($5,000).

 

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