Answer:
lost or stolen
Explanation:
The Uniform Commercial Code is one of the primary sources of the contract law in the United States of America together with the Common law. The Uniform Commercial Law is commonly known as the UCC and it is one of the "uniform law" or the "modern laws" in the United States.
Under the section 3-312 of the UCC if a check is a certified check or a cashier check and if the check is lost or stolen, then the claimant of the check can fully get the refund of the amount by submitting a declaration to the bank and have to wait for 30-90 days to get a replacement check or the refund of the money. The claimant may have to present a indemnity bond to the bank.
Answer: C. Complicate Marketing and Sales processes.
Explanation: Customer Relationship Management (CRM) is aimed at fostering a better and more efficient company to customer/client relationship. Customer Relationship Management provides platforms and services required to make customers feel comfortable and happy, thereby increasing client retention and influx and ultimately driving sales. Customers Relationship Management provides better customer service, efficient call center services by ensuring customers can easily make enquires and get adequate information, Ensure that deals are closed faster by providing adequate support for their staffs.
Complicating marketing and sales processes is against the duties and objectives of customer relationship management.
Answer:
Surry Co.
Income Statement for the year ended December 31, 2016
Sales $915000
Less Cost of Merchandise Sold $670000
Gross Profit $245000
<u>LESS OPERATING INCOME</u>
<u><em>Selling Expenses</em></u>
Customer Refunds and allowances $ 55000
Selling expenses $ 120000 $175000
<u><em>Administrative Expenses</em></u>
Administrative expenses $ 30000 $30000
Total Operating expenses $205000
Operating Income $ 40000
<u>NON-OPERATING INCOME</u>
Interest Expense ($12000)
Rent Revenue $19000
Total Non-operating Income $ 7000
Net Income $47000
Explanation:
A multiple-step Income Statement separate Operating Revenues and Operating Expenses from Non-Operating Revenues and Non-Operating Expense.
Answer:
the cap rate is 6%
Explanation:
The computation of the cap rate is as follows:
= Net operating Income ÷ Current market value of property
= $120,000 ÷ $2,000,000
= .06
= 6%
Hence, the cap rate is 6%
We simply divided the net operating income from the Current market value of property so that the cap rate could come
