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ale4655 [162]
2 years ago
8

Identify three types of customers that a business serves.

Business
1 answer:
Maksim231197 [3]2 years ago
4 0

Your Current Customers. These are the most important because they've already made a commitment to you. ...

Brand New Customers. These are the people who are currently purchasing products and services from your competitors. ...

Lost Customers.

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Company ABC, based in Tennessee, sources goods from Southeast Asia to take advantage of labor cost savings. This is an example o
hammer [34]

Answer:

the globalization of production.

Explanation:

Since company ABC, based in Tennessee, sources goods from Southeast Asia to take advantage of labor cost savings. This is an example of the globalization of production.

Globalization of production can be defined as the process of sourcing goods and services from other countries (locations) around the world in order to take advantage of labor cost savings and quality of other factors of production such as land and capital.

Additionally, globalization can be defined as a strategic process which involves the integration of various markets across the world to form a large global marketplace.

<em>Basically, globalization makes it possible for various organizations to produce goods and services that is used by consumers across the world</em>.

3 0
3 years ago
Colicchio Corporation acquired two inventory items at a lump-sum cost of $60,000. The acquisition included 3,000 units of knife
zysi [14]

Answer:

Explanation:

X001 Sales volum = 3000*$20 = $60,000

X002 Sales volum = 3000*$10 = $30,000

Total $90,000

Allocated to X002 based on sales volum is 33.33% (30,000/90,000) of the 60,000, which is $20,000

Cost per unit of X002 is $6.67 ($20,000/3,000). Sells 1000 units, $6.67*1000 = $6670.

Gross profit = Revenue $10,000 - Cost $6670 = $3330 in gross profit

8 0
2 years ago
Read 2 more answers
A record of payroll infornation including computation of gross and net pay, for each employee for the pay period is called a:___
suter [353]

A record of payroll infornation including computation of gross and net pay, for each employee for the pay period, is called a payroll register

A payroll register is a tool that records each employee's payroll information (gross pay, deductions, withholding tax, net pay, and other payroll-related information) for each pay period and pay date.

TERMS USED IN THIS SENTENCE (33) Accounts Payable Clerk checks payroll for accuracy and produces cash receipts for payroll amounts. Employee checks are drawn from this account and are used only for payroll purposes. Before you can cash your paycheck, you must transfer funds from your general cash account.

A payroll book is a printed or electronic spreadsheet that records key employee payroll information for a specific payroll period. Extension definition. A payroll book helps employers conveniently track employee payroll information.

Learn more about net pay here: brainly.com/question/4356180

#SPJ4

5 0
1 year ago
Hokey Min's Kleen Karpet cleaned 75 rugs in October, consuming the following resources: Labor: Solvent Machine Rental: 520 hours
mezya [45]

Answer:

0.0075 rugs per dollar

Explanation:

(b)

Total labor cost:

= 520 hours × $15 per hour

= $7,800

Total solvent cost:

= 100 gallons × $5 per gallon

= $500

Total machine rental cost:

= 22 days × $75 per day

= $1,650

Multi-factor productivity:

= Number of rugs ÷ (Total labor cost + Total solvent cost + Total machine rental cost)

= 75 ÷ ($7,800 + $500 + $1,650)

= 75 ÷ $9,950

= 0.0075 rugs per dollar

8 0
3 years ago
Whether a firm has growth or value and how this firm characteristic affects an estimate of the cost of equity is called the ____
Dahasolnce [82]
It is called value factor. There are two kinds of value factor one is present value factor and second is future value factor. The business or anything in the business has their value on their own. The future value factor is used to calculate the future value of the amount per dollar of its present value. It is the amount greater than a dollar and you can see this on the table when you calculate the future value or FV. Present Value factor is based on the time and money when you borrow or it is the debt that can grow in the span of time. 
5 0
3 years ago
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