Answer:
E) Both the accounts receivable and the accounts payable periods
Explanation:
The account receivable and the accounts payable affect the length of the cash cycle. This is because, the longer the cash cycle, the more likely a firm will need external financing.
Answer:
The given statement relates to bootstrap marketing strategies
Explanation:
In simple words, Bootstrap marketing relates to an advertising strategy usually used by entrepreneurs to create a business from the bottom up with little but private money and, luckily, money from the very first sale.
This method is usually used by start ups for capturing initial market share and with the expertise of an angel investor they can really go for high goals.
Answer: Depreciation expense for 2021 = $825
Depreciation expense for 2022 =$3, 300
Explanation:
Using Straight line depreciation
We have that our Annual depreciation= Purchase price - salvage value / useful life.
$22,500 - $2,700 / 6
=19,800/6
$3, 300
Depreciation expense for 2021 ( from October to December )
$3,300 x 3/ 12= $9,900/12
=$825
Depreciation expense for 2022 ( From January to December)
Annual Depreciation = $3,300
Answer:
B. Customization
Explanation:
-Standardization refers to developing guidelines that establish how a product is created which allows the company to decrease costs.
-Customization refers to adapting a product to adjust to the request of customers.
-Assembly line production is when the production process is arranged in workstations and the parts are added in each of them until the product is finished.
-Exporting refers to selling products manufactured in one country to another one.
According to this, the answer is that customization also limits a firm’s ability to realize significant experience curve cost economies and location economies because as the company has to adapt the products and the features are not standard, it is not able to optimize the manufacturing process and establish the operation in any place to minimize the costs.