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3 years ago

Explain how extending credit builds customer loyalty.

Business

1 answer:

tiny-mole [99]3 years ago

7 0

Answer:

spending more to improve quality of product according to customers expectations

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Costs of $12,500 were incurred to acquire goods and make them ready for sale. The goods were shipped to the buyer (FOB shipping

Vladimir79 [104]

Answer:

$15,350

Explanation:

Merchandise inventory can be defined as the cost of goods which is for sale at any given period of time in which the distributor or wholesaler acquire from their suppliers with an intention of selling them.

Costs of goods incurred $12,500

Goods shipped to the buyer $950

Additional costs of goods acquired $1,900

TOTAL $15,350

Therefore the buyer’s total cost of merchandise inventory is $15,350

8 0

3 years ago

Garfield Company has the following information for the current year: Beginning fixed manufacturing overhead in inventory $230,0

Lemur [1.5K]

Answer:

the difference between operating incomes under absorption costing and variable costing is $180,000 .

Explanation:

The difference between the two Operating Incomes lies in the amount of Fixed Overheads that has been deferred in Inventory.

So, calculation of the difference will be as follows :

Beginning fixed manufacturing overhead in inventory $230,000

Less Ending fixed manufacturing overhead in inventory ($50,000)

Difference between absorption costing and variable costing $180,000

3 0

4 years ago

The national hockey league redirected its marketing efforts when a survey indicated that almost 50 percent of hockey fans were f

almond37 [142]

"Demographic segmentation"

6 0

4 years ago

VLD [36.1K]

Answer:

Contra account.

Explanation:

A contra account is an account that has an opposite of what is the normal balance for the class of such an account. a company would be able to report the original amount and in so doing also be able to report the reduction and then what is the net amount would be reported. in other words such an account is used to reduce the value of another related account. And thereafter the net value is what is going to be reported.

6 0

3 years ago

Your company plans to spend $2,350,000 in cash to build a plant that will produce benefits with a total present value of $4,575,

Leto [7]

Answer:

$200,000

Explanation:

Data provided in the question:

Amount willing to spend in cash to build the plant = $2,350,000

Total present value of the benefits produced = $4,575,000

Purchasing cost of the land = $900,000

Present value of the land = $2,025,000

Now,

Total present value of investment

= Amount spent to build the plant + Present value of the land

= $2,350,000 + $2,025,000

= $4,375,000

Therefore,

The net present value of the proposed plant

= Total present value of the benefits - Total present value of investment

= $4,575,000 - $4,375,000

= $200,000

6 0

3 years ago