Answer:
Option (c) is correct.
Explanation:
It is assumed that all the sales cash and credit up to the month of April will be adjusted before 31st may.
Any receivables remaining as on 31st May are related to the sales of May only.
May Sales = $25,000
Out of which Cash sales adjusted in the same month:
= 30% of May sales
= 30% × 25,000
=$7,500
Remaining credit sales:
= May sales - Cash sales
= $25,000 - $7,500
= $17,500
Out of which 25% i.e. $4,375 received in May only.
The budgeted accounts receivable balance on May 31 is:
= Remaining credit sales - Received 25% in May
= 17,500 - 4,375
= $13,125
The type of economy that referred in the question would most likely be a free-enterprise economy. By definition, a free-enterprise economy is an economic system wherein the market is free of government intervention. In addition, it is essential to the world trade because "<span>permits developing nations to compete on an equal economic basis with more industrialised countries."</span>
The correct answer to this open question is the following.
I choose the Amazon website to answer this question.
These are the strengths of this global company.
-First, it has a presence almost worldwide, due to the benefits of e-commerce.
-Reputation. It has a good reputation because serves the customer well.
-Infrastructure. World-class facilities and delivery infrastructure to get the product on time.
-Variety of products. You access the company's website and can find anything. From books to toys, movies, and furniture.
-Prices. Accessible or competitive process because that is the advantage of e-commerce.
-Customer Service. Good client service that aims for entire satisfaction.
-Promise of delivery. Delivery time. Period.
I can probably do it for u
Answer: it is the only seller of a unique product and barriers to entry prevent other sellers from entering the market in the long run.
Explanation:
A pure monopoly is referred to as a single supplier of a particular product in an industry. In such market, there no no substitute exists and such firms usually have a large market share.
They are price makers, profit maximizer, discriminate on prices and have a high barriers to entry. Due to their economies of scale, they prevent other sellers from entering the market in the long run.
