The correct answer is true hope this helps!
Answer:
Creating a data warehouse
Explanation:
Customer relationship management or CRM aims at creating and maintaining good customer relationships, providing better customer satisfaction so as to increase sales.
CRM focuses upon providing good customer support and customer feedback.
The primary step, in Customer Relationship management is creating a data warehouse. Data warehouse refers to a database from where extraction of customer details gets convenient.
Such database can be used for data analysis and reveals customer habits and past purchase trends.
Debit Accounts Receivable $5,000; credit Tile Sales $5,000
Answer: $197,600
Explanation: Don Co is making a sale to Cologne GmbH and on the date of the transaction there is an exchange rate called the spot rate. Don Co will record in its books the value of the transaction on the set date at the spot rate which is:
200,000 euros @ .988
= $197,600
on the date of the settlement of the debt by Cologne GmbH, the spot rate is also considered which will be 200,[email protected] .995 = $199,000
Note that on the payment date, the exchange rate has gone up and now Don Co has a higher receivable value that what is in its book.
the difference of $1,400 ($199,000-$197,600) will now be noted in the books of Don Co as an exchange gain on the transaction.
Answer:
Equivalent unit of conversion = Unit completed and transferred out+Ending WIP*Percent completion
= 15000+(3000*75%)
Equivalent unit of conversion = 17250
Total cost of conversion cost = 4500+32450+18710 = 55660
Cost per equivalent unit of conversion Cost = Total Cost/Equivalent unit = 55660/17250 = 3.23
