If Klondike inc. sold goods to customers for $5,000 cash. the cost of the goods was $3,000. the journal entry to record this transaction would include a:credit to sales $5,000.
<h3>Journal entry</h3>
Since we were told Klondike inc. sold goods to customers for $5,000 cash. The appropriate journal entry to record this transaction is;
Klondike inc. s Journal entry
Debit Cash $5,000
Credit Sales $5,000
Therefore If Klondike inc. sold goods to customers for $5,000 cash. the cost of the goods was $3,000. the journal entry to record this transaction would include a:credit to sales $5,000.
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The answer is recency. This part of the RFM model. It is a marketing investigation tool used to classify a firm's best customers by calculating definite factors.
The RFM model is founded on three quantitative factors which are:
Recency - How recently a customer has made an acquisition or purchase of productFrequency – How frequent or often a customer makes a purchaseMonetary Value - How much cash a customer spends on purchases
RFM analysis often sustains the marketing saying that "80% of business comes from 20% of the customers."
Answer:
d. Designate Friday afternoons as time for employees pursue outside interests loosely related to the business.
Explanation:
Carlos is trying out and changing to rely on a top-down strategic management approach to a bottom-up approach. This change is stated in his willingness to encourage his employees to start contributing to the strategy formulation process.
To designate Friday afternoons as a time for employees to pursue outside interests is a key and radical step to encourage his employees in a bottom-up management strategy approach building. A bottom-up approach looks to develop ideas, strategies, and plans from all levels of the company, stimulating employee participation in decision-making.
That Carlos was the manager of a graphic design firm is not a minor detail due to those companies which are immersed in a market that competes with a high degree of creativity usually innovates through a bottom-up organization.
<span>The correct answer is Minding. This includes all the things that you do with other people and how you perceive them and is important for maintaining a successful relationship. You know what the person is about and you respect them for it and thus you establish a successful relationship if they respect you too.</span>
Answer:
b. countries can become better off by specializing in what they do best.
Explanation:
Comparative advantage in economics is the ability of an individual or country to produce a specific good or service at a lower opportunity cost better than another individual or country.
The comparative advantage gives a country a stronger sales margin than their competitors as they are able to sell their specific products or render their peculiar services at a lower opportunity cost.
In 1817, David Ricardo who is an english political economist talked about the law of comparative advantage in his book “On the Principles of Political Economy and Taxation."
Also, the principle of comparative advantage asserts that countries can become better off by specializing in what they do best.
This simply means that, any country applying the principle of comparative advantage, would enjoy an increase in output and consequently, a boost in their Gross Domestic Products (GDP).