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Ronch [10]
3 years ago
8

Hormel offers its food distributors a discount of 15 percent for payment within 10 days on orders of all Jiffy brand products. H

ormel is giving its customers a
Business
1 answer:
Feliz [49]3 years ago
4 0

Hormel is giving its customers a cash discount.

<h3>What is cash discount?</h3>

Cash discount is the discount a seller give to a buyer by reducing the amount the buyer was supposed to pay because the buyer make his payment earlier.

Based on the given scenario Hormel offers is offering its  food distributors a discount of 15 percent if the distributor paid within the stipulated time or period of  10 days.

Inconclusion Hormel is giving its customers a cash discount.

Learn more about cash discount here:brainly.com/question/14883253

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What is the correct Price Rule Setup? Universal Containers wants to apply an additional discount of 15% to the Quote when Paymen
DaniilM [7]
<h3><u>Answer:</u></h3>

One Price Rule with Conditions Met set to Custom, three Price Conditions, and one Price Action

<h3><u>Explanation:</u></h3>

The price rule record has the price rule, condition and action. The price rule must be explained clearly. Price condition is comparison of one field value with the other field value. The price rules contain conditions and the price rule can have an infinite number of conditions.

But for the above given questions we have 3 conditions. When the price rule meets by the conditions given it performs a particular action. Some of the fields  in the price rule cannot be edited and and have security.

8 0
3 years ago
'Partnership business can't be successful without mutual understanding'.justify this statement.​
Colt1911 [192]

Answer: See explanation

Explanation:

A partnership is a form of business operations that takes place between two or more people who come together, join their skills and resources together so as to achieve organizational aims, and make profit.

For a partnership to succeed, there must be a mutual understanding between the partners that are involved. The mission and the visions of the organization must be shared by all the partners and understood.

When the partners don't have an agreement in place and a clear understanding about how the partnership will be handled and decisions will be made, this will eventually being about the downfall of the partnership.

3 0
3 years ago
Sara wants to have $ 580 comma 000 in her savings account when she retires. How much must she put in the account​ now, if the ac
asambeis [7]

Answer:

$104,318.10

Explanation:

For computing the putting amount now i.e present value we have to applied the present value formula i.e to be shown in the attachment below:

Given that,  

Future value = $580,000

Rate of interest = 10%

NPER = 18 years

PMT = $0

The formula is shown below:

= -PV(Rate;NPER;PMT;FV;type)

So, after solving this, the present value is $104,318.10

4 0
3 years ago
Marketers need to recognize and understand consumer behavior in order for their business to be successful. List and explain why
frosja888 [35]

Answer:

Consumer behavior can be defined as the behavior shown by the final consumers and users of the products and services. It is very important for the marketers to know and understand consumer behavior. Marketers should know:

Why consumers purchase different products

How much they purchase

From where they purchase

When they purchase products

With whom they purchase products

Who initiate the buying decision

What can influence him or her

From where did they get the information

Who influence their buying decision

Who actually make the buying

How they use the products etc etc.

Markets try to study consumers from the data generated in-store and out-of-store. They do research to study consumers in depth. They also do trend analysis which means what consumers are buying, what they are watching online, which movies they are seeing, which newspapers they read etc etc. In this way, they can get data regarding their preferences, needs and wants so they can made and tailor their offers and products accordingly.

Consumers want to satisfy their needs and wants with the help of products and services. They want to use the latest and innovative products which can fulfill their needs in the most advanced and effective way at the affordable price.

5 0
4 years ago
Which of the following is an asset use transaction?
attashe74 [19]

Answer:

a. Purchased machine for cash

Explanation:

Purchase of machinery is an asset use transaction is reduce the cash as an asset to purchase a machine. All the other options do not use/ reduce any asset in the transactions.  The investment is the interest earning account is actually considered as cash equivalent, so it does not use the asset. So, option a is appropriate answer.

7 0
3 years ago
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