Answer:
One of the most important disadvantages of excess inventory is the loss of revenue. Products depreciate over time and lose their initial value. So the longer you hold a product, the cheaper it gets.
Answer:
Liability insurance is a part of the general insurance system of risk financing to protect the purchaser from the risks of liabilities imposed by lawsuits and similar claims and protects the insured if the purchaser is sued for claims that come within the coverage of the insurance policy.
Explanation:
Answer:
The correct answer is (C)
Explanation:
They are the two crucial characteristics that are general used to make accounting data more useful to make long-term decisions. To be exact, faithful representation helps to attain the relevant data for the company and this quality enhances the reliability of financial data. Completeness, fairness and free of error these three characteristic are a part of faithful representation of data.
As a proficient customer service professional, the first step to take in such a situation is to first apologize in the kindest way possible to the customer. It would give the customer comfort to know that the server is corrected immediately while taking charge of the clients order.
<h3>What procedure is outlined above?</h3>
The above procedure is known as conflict resolution under customer care service.
One additional step maybe to keep the costumer company and ensure that they are happy before they leave.
Learn more about customer service at;
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Answer: $160,000
Explanation:
Given the following:
Par value = $100
Rate of Dividend = 8% = 0.08
Number of shares = 10,000
Preferred Dividend is calculated thus:
Par value * rate of Dividend × number of preferred stock
$100 × 0.08 × 10,000 = $80,000
Since year 4 Dividend wasn't paid
Total year 5 Dividend equals:
(Year 4 Dividend + year 5 dividend)
$(80,000 + 80,000) = $160,000
