A distribution channel is a type of marketing channel that includes a retailer or other intermediaries in the delivery of goods and services to consumers.
A distribution channel is a network of companies or middlemen (such as suppliers, distributors, shipping hubs, retailers, and the internet) that products and services go through before they are delivered to the final customer. A distribution channel is a series of establishments or middlemen where the ultimate consumer makes their purchase of a product or service.
Retailers, distributors, wholesalers, and the Internet are examples of distribution channels. Manufacturers sell to consumers directly through a direct distribution channel. Before the product reaches the customer through an indirect channel, several middlemen are involved. All products and services must follow a distribution route in order to reach their target clients. On the other hand, it also depicts the payment route taken by funds from the final customer to the initial seller.
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Answer: Destination contract
Explanation: The contract is described as a destination contract. A destination contract is one in which the risk of loss is on the seller until completion of his delivery obligations under the destination contract. Should the goods be destroyed or damaged while in transit, the seller bears the risk of loss. However, the seller is no longer liable after the goods have been safely delivered at the buyer's destination. Common ways to spot a destination contract include: a) FOB (Free on Board): when delivery term in the contract states "F.O.B Colorado". b) Ex Ship c) No arrival, no sale...
The transactions in a destination contract is governed by the Uniform Commercial Code (UCC).
<span>This is false. In fact, in the circular flow model, it is the exact opposite for firms. These businesses supply products to the people buying them and demand resources (i.e., land, labor, capital) as a way of creating these products for the consumers.</span>
Answer:
The combination Labour delivery room
Explanation:
Utilization refers to the degree by which available resource
is being used.
It is given by the ratio of total input to total output
The attached file shows a complete solution
Answer:
Explanation:
When a company sells on credit the company usually creates an Allowance for uncollectible debts account which is simply a percentage of credit sales that the company anticipates they will not be collectable, meaning a company anticipates that a certain percentage of customers will not be able to settle their debts (Bad debts).
When a customer indeed fails to pay their debt, they must be written off. The Allowance for uncollectible debts account and account receivables must reduced.
When the Debtor that was written off later pays and settles the debt, we first need to reinstate the debtor in the account receivables and Allowance for uncollectible debt
s thus increasing the Receivables and Provision for uncollectible debts account because both account receivables and Allowance for uncollectible debts were reduced when the debtor was written off.
The journal entry to reinstate the debtor previously written off before recording income received,
DR Account Receivables
CR provision for uncollectible debts
then we need to record the income received
DR Bank/cash received
CR Account Receivables
to summaries the process when a debtor previously written off pays, we need to reinstate the debtor by increasing account receivable and allowance for uncollactible debts account then decrease the Account receivable and increasing bank to recognise cash received from a debtor
