The answer is believability.
Answer: d. Go to Tom's as soon as possible that day, check the shipment to see if there are any undamaged goods that can be put on the shelf, take a replacement order from Tom's manager, and phone in the order immediately.
Explanation:
This indeed would be the best course of action because some of the goods will be saved while at the same time increasing your company's relationship and profile with Tom's Discount Store.
This is because Tom will be very pleased at the prompt and personal response to the situation and be more receptive towards the solution.
Once the items that are damaged are identified, placing a replacement order immediately is in line with your company's policy of returning goods over $500 if a reciprocal order is placed immediately.
With this course of action, you would endear your company to Tom's Discount store as well as manage to sell the goods in total.
Answer:
Net sales revenue= 220,100
Explanation:
Giving the following information:
Sales, gross $ 245,000
Sales returns and allowances $ 20,000
Sales discounts 4,900
Sales salaries expense 10,900
<u>Sales salaries expense is not a part of the net sales in a multiple-step income statement. The net sales are as follow:</u>
Sales= 245,000
Sales returns and allowances= (20,000)
Sales discounts= (4,900)
Net sales revenue= 220,100
Answer:
inventory = 0.125
Explanation:
It is asking us to express the inventory as a percent of sales
Th common-size statement refer to express each valeu a percent of sales:
Sales 3,340 100.000%
income 274 8.234% (274 divided by 3340 times 100)
fixed assets 2,699 80.809%
current assets 836 25.030%
Inventory 417 0.12485 (417/3,340)
the answer should be a decimal so we don't covert to percent.