Answer:
Balance Sheet Debit or Credit
Classification Balance
a. Accounts Receivable Current asset Debit
b. Retained Earnings Stockholders' equity Credit
c. Taxes Payable Current liability Credit
d. Prepaid Expense Current asset Debit
e. Common Stock Stockholders' equity Credit
f. Long- Term Investments Non-current asset Debit
g. Rant, and Equipment Non-current asset Debit
h. Accounts payable Current liability Credit
i. Short-Term Investments Current asset Debit
j. Long-Term Debit Non-current liability Credit
Answer:
The answer is: Decrease in the days sales inventory
Explanation:
Days Sales in Inventory (DSI), represents on average how many days does a business need to convert its inventory into sales.
Its formula is:
Inventory
DSI = _________________ x number of days in the period
Cost of sales
For example at the end of year 1, Corner Hardware had $10,000 in inventory. Its total COGS for year 1 were $500,000. We can calculate the DSI ($10,000 / $500,000) x 365 days = 7.3 days
This means that it took Corner Hardware a little over a week (7.3 days) to sell its inventory.
Now during year 2, Corner Hardware was able to increase its sales by 20% while maintaining the same inventory levels as before. We can calculate de DSI for year 2 ($10,000 / $600,000) x 365 days = 6.08 days.
This means that it took Corner Hardware approximately 6 days (6.08) to sell its inventory.
So if the total sales of a company increases and their inventory remains the same, then their DSI will decrease.
Answer:
8.6% APR, compounded monthly
Explanation:
Effective annual rate = ( 1 + periodic interest rate)^m - 1
8.6% APR = (1.007167)^12 - 1 = 0.089472 = 8.95%
m = number of compounding = 12
periodic interest rate = 8.6% / 12 = 0.717%
8.5% APR = (1.000233)^365 - 1 = 0.088706 = 8.87%
m = number of compounding = 365
periodic interest rate = 8.5% / 365 = 0.02329%
I would prefer the 8.6% APR, compounded monthly because the effective annual rates are higher
Answer:
The correct answer is<u> territorial.</u>
Explanation:
The territorial sales force occurs in large companies that through the implementation of regional sales office seek to optimize customer visit time processes, reduce travel expenses and increase revenue.
The greatest benefits of this territorial strategy is to reach new customers through personalized targeting that will meet the demand and characteristics of customers in a given geographic region. In addition to optimizing logistics processes, productivity and cost reduction.
Answer:
Customer service
Explanation:
Customer service is simply the act of meeting a customer's needs. This involves providing professional, informative, pre-service and post-service opportunities among other things to ensure that the customer is satisfied and also ensuring the employees are delivering company products and other things to the public.
Cheers.
