Answer:
$7.96
Explanation:
the first month's principal balance = $400 (initial purchase) - $20 (first payment) = $380
the second month's principal balance = $380 (carried over) + $18 (second purchase) = $398
the interest charged on the second month's principal = $398 x 2% = $7.96
Answer:
1. using plans as a standard for measuring performance.
Explanation:
Strategic planning is an important process that enables a business or an organization to have a sense of direction, goal orientation, and also enables them to evaluate and measure progress.
It is important when carrying out the strategic planning process to first focus on clarifying and developing the vision, mission and objectives of the business before moving on to strategy formulation, this helps to give a sense of direction.
In the process of strategic planning, involving key employees cannot be overemphasized. Giving key employees the chance to be involved in the planning process will enable them to connect to the business and set them up for success.
Apart from the fact that strategic planning provides a sense of direction, it also enables a business to outline goals that can be measured, hence providing a standard for measuring performance.
Answer:
The correct answer is letter "A": Sales invoice.
Explanation:
In a Business-to-Business (B2B) transaction sales invoices are provided to record the goods or services exchanged between entities or the record the services rendered from one company to the other. The information included in the invoice reflects the details of the operation such as <em>good or service acquired, quantity, date, </em>and <em>price</em>. This feed could help businesses to predict the future behavior of the other entity or to provide profitable suggestions to them.
