Answer: Yes
Explanation: Especially in today's time where so many business have to rethink how they look at customer service. Along with the constant growth and change in society, finding a niche can be as simple as keeping up with the changes going on in society. For example, a five star restaurant that is known for it's great dining experience is one way to have a food business. With more people staying home, a small business that creates a 5 star dining experience for home could be a great niche.
Answer:
It may be more expensive and time-consuming than using an intermediary
Explanation:
Direct selling makes it hard to reach new customers and also entails spending an extensive time in trying to convince prospective customers before sales is made. Sadly, in some situations, some prospects do not buy in on the intended product and thus, no sale is made and time wasted.
Answer: $390
Explanation:
Revenue for a merchandising business is realized when the business sells some of its goods to customers. This can either be in cash or on account which would mean that the customer did not pay cash but now owes them.
The business sold merchandise costing $350 for $390 on account so this is the amount that they will recognize as revenue.
Working with others and being good at it. like gaining a piano skill, you get better over time and eventually get better at it.
The entry to close the dividends account at the end of the year is: Debit cash $5,200 and Credit dividends $5,200
<h3>What is a dividend?</h3>
Dividend is a form of payment made by the company to its existing shareholders, usually as a distribution of profits. It is a portion of company's earnings during the period being returned to their investors.
Dividends are means of both profit distribution and incentives for the investor who keeps on investing in the company.
The entries for dividend accounts are :
Debit cash $5,200
Credit dividends $5,200
Hence, the entry to close the dividends account at the end of the year is: Debit cash $5,200 and Credit dividends $5,200
Learn more about dividend here : brainly.com/question/25845157
