When a business provides services to a customer, and the customer promises to pay later, this is referred to as:.

Answers

Answer 1

A credit sales is illustrated whenever a business provides services to a customer and the customer promises to pay later.

What is a credit sales?

This refers to those purchases made by customers who do not render payment in full and cash at the time of purchase.

Therefore, the credit sales is illustrated whenever a business provides services to a customer and the customer promises to pay later.

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Related Questions

what technique is recommended to help get to the core of the problem a company is facing?

Answers

One technique that is often recommended to help get to the core of a problem a company is facing is root cause analysis.

Root cause analysis is a systematic approach used to identify the underlying causes or factors that contribute to a problem or issue company.

The process typically involves the following steps:

1. Define the problem: Clearly articulate and understand the problem or issue that needs to be addressed.

2. Gather data and facts: Collect relevant data, facts, and information related to the problem. This can involve analyzing reports, conducting interviews, reviewing documentation, and examining processes.

3. Identify potential causes: Brainstorm and generate a list of potential causes that could contribute to the problem. This step involves exploring various possibilities without prematurely focusing on a single cause.

4. Analyze causes: Evaluate and analyze each potential cause to determine its likelihood of contributing to the problem. This can involve using tools such as cause-and-effect diagrams (also known as fishbone or Ishikawa diagrams) to visualize the relationships between causes and effects.

5. Determine the root cause(s): Narrow down the potential causes and identify the underlying root cause(s) that are most likely to be the primary drivers of the problem. This involves eliminating less likely causes and focusing on those that have the highest impact.

6. Develop solutions: Once the root cause(s) have been identified, brainstorm and develop potential solutions or ive actions to address the underlying issues and mitigate the problem.

By using root cause analysis, companies can move beyond addressing symptoms and instead focus on addressing the fundamental causes of problems. This approach helps in developing more effective and targeted solutions, leading to long-term improvement and prevention of recurring issues.

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give four reason as to why being an entrepreneur is beneficial than a doing a job​

Answers

Answer:

Hope this helps!

4 reasons:

Explanation:

1) Being an entrepreneur is beneficial because it helps you get to know yourself better. You get to be your own boss.

2) Entrepreneurs get to make their own schedule. You can work for flexible hours.

3) You get to be more independent. Taking entrepreneurship will grant you freedom.

4) Choosing to be an entrepreneur is a big risk. This means your taking a challenge in your life. You'll make yourself stronger!

The best part though? It is a big satisfaction when you succeed, yeah and you'll definitely be proud of yourself.

write on perfect competition​

Answers

Perfect competition is an ideal type of market structure where all producers and consumers have full and symmetric information, no transaction costs, where there are a large number of producers and consumers competing with one another. Perfect competition is theoretically the opposite of a monopolistic market. lol

why is the vegetables market necessary . give reason​

Answers

Answer:

Abstract: Vegetables are vital to the general good health of human beings, providing essential vitamins and minerals, dietary fiber, and phytochemicals, and reducing risk from dangerous diseases and other medical conditions. ... Most of the vegetables are marketed fresh with only a small portion processed.

Explanation:

Vegetables are vital to the general good health of human beings, providing essential vitamins and minerals, dietary fiber, and phytochemicals, and reducing risk from dangerous diseases and other medical conditions. ... Most of the vegetables are marketed fresh with only a small portion processed.

changes in capital spending can be negative when the acquisition of fixed assets is blank______ the sale of fixed assets.

Answers

Changes in capital spending can be negative when the acquisition of fixed assets is less than the sale of fixed assets.

The money that a business invests in purchasing, enhancing, or sustaining long-term assets like property, plant, and equipment is referred to as capital spending (PP&E). The amount of money spent on purchasing or upgrading assets might be larger or less than the money made from selling or disposing of assets, which will determine whether a company's capital spending is positive or negative.

A company's capital spending will be positive if it spends more on acquiring or improving assets than it does on selling or disposing of those assets. On the other side, a company's capital spending will be negative if it makes more money from selling or disposing of assets than it does from buying or improving them.

Thus, if fixed asset acquisition costs are lower than fixed asset sales costs, the company's capital expenditures will be negative.

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Changes in capital spending can be negative when the acquisition of fixed assets is less than the sale of fixed assets.

The money that a business invests in purchasing, enhancing, or sustaining long-term assets like property, plant, and equipment is referred to as capital spending (PP&E). The amount of money spent on purchasing or upgrading assets might be larger or less than the money made from selling or disposing of assets, which will determine whether a company's capital spending is positive or negative.

A company's capital spending will be positive if it spends more on acquiring or improving assets than it does on selling or disposing of those assets. On the other side, a company's capital spending will be negative if it makes more money from selling or disposing of assets than it does from buying or improving them.

Thus, if fixed asset acquisition costs are lower than fixed asset sales costs, the company's capital expenditures will be negative.

Capital spending refers to the funds used by companies to acquire or upgrade their long-term assets, such as property, equipment, and technology. This type of spending is often used to improve efficiency, increase productivity, and expand a company's operations. Capital spending is a key component of business investment and can impact an organization's growth and profitability.

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Jenson is a senior-level manager in his organization. He makes strategic-level decisions to improve the sales or to increase the profits of the organization. Which information system will reflect the strategic decisions that Jenson makes as a senior manager? A. Executive information system B. Management information system C. Transaction processing system D. Decision support system

Answers

Answer: Management information system

Explanation:

The information system that reflect the strategic decisions that Jenson makes as a senior manager is the management information system.

Management Information System is simply referred to an information system that is used to make decisions and also used for analysing and coordinating information in the organization. It studies the relationship and interaction that exist between the people and the organization.

Answer:

decision support system

Explanation: PLATOOOOOOOOOOOOO

how to use service economy and consumer and also producer in a sentence

Answers

To use service economy and consumer and also a producer in a sentence, you could say:

"The service economy relies on both consumers and producers to drive growth, as consumers demand services and producers meet those demands through their offerings."

What is a Service Economy?

The term "service economy" might apply to either of two current economic developments: The growing prominence of the service industry in developed economies.

The current Fortune 500 list includes more service businesses and fewer manufacturing than prior decades.

The service-based economy is distinguished by a dominant tertiary sector, an availability of services, a limited number of manufacturers, and the majority of service-based economies being located in first-world nations.

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Shannon has been a member of her school's news paper club for two years and attends writing workshops in her free time.Witch career choice should she explore

Answers

Answer:

Web Content Developer.

Explanation:

Due to the amount of seminar and workshop experience on writing, she could channel her experience to a content development field; which is explained to be the process of creating content for a website from start to finish. You may have also heard of content developers. The term “content developer” is also used to refer to web developers, but in this article, we’re concentrating solely on the development of content not design or programming.

Content development includes:

*Strategy.

*Writing.

*Optimization (SEO).

*Publishing.

*Promotion.

________ refers to continually adjusting prices to reflect changes in supply and demand.

Answers

Dynamic pricing

Explanation:

found it on quizlet

What MUST you have in order to complete a
federal, state, or local tax return form?
A. online internet access
B. all of your W-2 form(s)
C. your employer's permission
D. the permission of the manager at your bank

Answers

All of your W-2 form is what you must have in order to complete federal, state, or local tax return form.

What is tax return?

A tax return is a form filed with the government that reports an individual's or business's income, expenses, and other relevant financial information for a specific tax period. Tax returns are used to calculate the amount of tax owed or the amount of refund due. Individuals and businesses are required to file tax returns annually with their respective tax authorities. In the United States, the Internal Revenue Service (IRS) is responsible for collecting federal taxes and processing tax returns. Tax returns can be filed electronically or by mail. The information provided in a tax return varies depending on the type of tax return being filed. For example, an individual's tax return typically includes information on their income, deductions, and credits, while a business tax return may include information on their revenue, expenses, and investments.

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Which term refers to the possibility of an investor losing some or all of an investment?

risk
likelihood
probability
chance

Answers

Answer:

Option A, Risk

Explanation:

Risk signifies the condition of loosing something or some inappropriate happening. All other terms i.e likelihood, probability and chance can refer happening of both positive or negative thing.

Risk is the only term that signifies only a negative happening. Hence, It is the right choice of answer

The term that refer to the possibility of an investor losing some or all of an investment is known as risk.

What is a risk?

Risk means uncertainty about future occurrence. Risk is defined as the condition of loosing something or unexpected happening.

The only term that shows only a negative event is risk, often associated with investment.

Hence, the term that refer to the possibility of an investor losing some or all of an investment is known as risk.

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why amazon might offer a range of delivery options?

Answers

A reason could be to help the customer get their delivery faster or a way that they prefer.

I need a 7 sentence summary on professional appearance

Answers

Answer:

what does this mean

Explanation:

Is travelling carefully to invest money, time and energy in important situations and activities called planning?​

Answers

Answer:

Planning is done by completing the task.

Explanation:

Planning is done by completing tasks with a pre-defined and planned manner with improvement. It is a continuous process that can be completed with all types of tasks. Saving time, money, and human energy during travel is also under planning, through which a person makes his journey easy, safe, and at a low cost.

If the boss of a medical supply company told her employees that women are simply better at medical sales than men, what do you think would most likely happen to sales over the next several months

Answers

If the boss of a medical supply company told her employees that women are simply better at medical sales than men, "it could create a bad impact on the company's sales and overall reputation".

The sales refers to the product or services which is produced by the company and sell to the marketplace.

The given statement reflects the company's discriminatory nature. It could create a bad work environment for male employees. It can lead to decreased morale and productivity from the male employees.

This could result in reduced sales performance, as employees who feel unfairly treated are less to perform well.

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who here from K12? (sorry for asking this question)

Answers

Answer:

Explanation:

Answer:

Not I.

Explanation:

This is just constructive criticism, but I don't recommend listing your school here.

Vegan Steaks had the best year ever, with sales of $4,500,000 and operating profit of $950,000. The balance sheet at the beginning of the year showed assets used in production with a cost of $20,000,000 and accumulated depreciation of $5,000,000. The company didn't buy any assets during the year but did have depreciation expense of $1,000,000. Calculate the ROI for the year. Calculate the End of Year book value.

Answers

The ROI for the year to Vegan Steaks would be 6.55 %

The End of Year Book value would be $ 14,000,000

How to find the ROI for the year ?

To find the ROI for Vegan Steak's year, you need to find the end of year book value of assets which is:

=  20,000,000 -  5,000,000 -  1,000,000

= $ 14, 000, 000

Then find the average assets :

= (15, 000, 000 + 14, 000, 000) / 2

= $ 14, 500, 000

The ROI or return on investments is:

= Operating Profit / Average assets

= 950,000 / 14,500,000

= 6. 55 %

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Compute the stock turnover for a product that has sales of 900 units and an average of 60 units in inventory.

Answers

Answer:

15

Explanation:

900/60=15

15 times is the stock turnover. The stock turnover rate is a common measure of stock performance. This rate represents the number of times a company's stock is 'turned over,' or replaced, in a given year.

Why is stock turnover important to a business?

In essence, inventory turnover is your annual inventory average. It shows how many times your company sold and replaced inventory over a given time period. This figure is significant because it allows companies to plan their financial future.

Given

Sales = 900 units

Average Inventory = 60 units

Required to calculate Stock turnover =?

Stock Turnover = Sales / Average Inventory

                          = 900 / 60 = 15 times

Thus, the stock turnover is 15 times for a stock that has sales of 900 units and an average of 60 units in inventory.

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Simplify (\mathbf{s} \vee{W}) \wedge \neg(\neg{s} \wedge{W}) to {S} 1. Select a law from the right to apply (S \vee W) \wedge \neg(\neg S \wedge W)

Answers

The given expression is :

\($$(s \vee W) \wedge \neg(\neg s \wedge W)$$\)

We will simplify this expression to S. Using the De Morgan's Laws, we have:\($$\neg(\neg s \wedge W)\)

= \((\neg \neg s) \vee \neg W$$ $$\Rightarrow s \vee \neg W$$\)

Thus, the given expression becomes:

\($$\begin{aligned}(s \vee W) \wedge (s \vee \neg W) = s \vee (W \wedge \neg W) \\ &= s \vee F \\ &= S\end{aligned}$$\)

Thus, the simplified expression is S.

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13 Angie's Bake Shop makes birthday chocolate chip cookies that cost $2 each. Angie expects that 9% of the cookies will crack and be discarded. Angie wants a 65% markup on cost and produces 100 cookies. What should Angie price each cookie? (Round your answer to the nearest cent.) ​

Answers

Angie's Bake Shop produces 100 birthday chocolate chip cookies at a cost of $2 each. However, Angie expects that 9% of the cookies will crack and be discarded, which means that only 91% of the cookies will be available for sale. So, there are 91 cookies (100 x 0.91) left for sale.

Angie wants a 65% markup on cost, which means she wants to earn 65% more than the original cost of $2 per cookie. To calculate the markup amount, we can multiply the cost by the markup percentage: $2 x 0.65 = $1.3. Adding this markup to the original cost gives us the new selling price of $3.3 per cookie. However, since we have only 91 cookies left for sale, the total revenue from selling these cookies needs to be distributed over the initial 100 cookies produced to account for the losses due to cracked cookies. To find the adjusted selling price, we need to divide the total revenue by 100 cookies: (91 cookies x $3.3) / 100 cookies ≈ $3.00 per cookie.

Therefore, Angie should price each birthday chocolate chip cookie at approximately $3.00 to achieve her desired 65% markup on cost and account for the 9% of cookies that will be discarded.

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In general, learning objectives
a. are made up of tables, charts, and graphs for analyzing.
b. contain quizzes and exercises for students to work through.
c. summarize the most important ideas in the chapter at the end.
d. are the main ideas you can expect to learn from reading the chapter.

Answers

In general, learning objectives at the end of a chapter summarise its key points.

What is the meaning of the learning objective?

With the aid of a student learning objective, a teacher is able to measure their effect on students' achievement as it relates to a certain academic or elective criterion.

Effective learning requires the presence of learning objectives, also referred to as learning outcomes. They aid in articulating what the students should be able to perform after the instruction, which helps to create more successful lesson plans, activities, and evaluations.

Learning objectives are declarations that detail important knowledge that students have acquired and may credibly demonstrate at the conclusion of a course or programme. In other words, learning objectives specify what the student will be aware of and capable of performing at the conclusion of a course or programme.

Therefore, the correct answer is option c. summarize the most important ideas in the chapter at the end.

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FILL THE BLANK.
today’s global exchange rate system is known as a ________.

Answers

Today’s global exchange rate system is known as a foreign exchange rate.

Foreign Exchange Rate is defined as the price of the domestic currency with respect to another currency. The purpose of foreign exchange is to compare one currency with another for showing their relative values.   Foreign exchange rate can also be said to be the rate at which one currency is changed with another or it can be said as the price of one currency that's stated in terms of another currency.   Exchange rates of a currency can be either fixed or floating. Fixed exchange rate is determined by the central bank of the country while the floating rate is determined by the dynamics of  request demand and  force.

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Bart graduated college with $40,000 in student loan and credit card
debt and is extremely worried about how he'll pay it back. His best friend
Miguel has the same exact debt and isn't worried at all. What could explain
why these two people have different levels of concern about the same
situation?

Answers

There are many reasons why people have different reactions to debt. First being they don’t have a good job or they don’t know how to save and handle money.

These two people have different levels of concern about the same situation depending on the situation that they are in and the date of the repayment.


What is debt?

Debt may be defined as the sum that the borrower owes the lender. A debt is an amount of money that has been borrowed for a dedicated amount of span and must be repaid, plus interest.

Bart may have some kind of debt that he may need to fulfill and there will be some changes that will come with it as the date of the repayment and the money in hand can also be the major causes.

Miguel may have a job on his hand and was confident that he may pay for the amount that is incurred. Also, he may have some kind of savings that will help him.

Depending on their current circumstances and the payback date, these two persons are concerned about the same scenario to different degrees.

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can someone help me come up with 10 well thought out house rules ??

Answers

Answer: Yep you name one i'll name one!

Explanation:

I'm assuming this is for children so...

1: No screaming unless someone broke in or you're dying

2: Don't touch the stove or anything sharp in the kitchen unless told to

3: Don't go outside without permission

4: If someone knocks on the door, don't answer it.

5: No running around with slippery socks on

6: You have to be excused from the table before you get up

7: If your hungry drink water or have a granola bar (or any other small snack)

8: Don't touch any wires unless it's for your own devices

9: If you need help, be patient.

10: Family first!

If it's not for children... sorry lol

Which of the following is not a purpose of credit counseling?
O A. To provide borrowers with short-term loans
O B. To help a borrower avoid bankruptcy
O C. To help a borrower develop a debt management plan
O D. To teach good borrowing habits
the

Answers

All the above are the purposes of credit counselling except A. To provide borrowers with short-term loans

Credit counselling refers to advice given to borrowers to:

Help them avoid bankruptcy Help them develop a debt management plan Teach them habits that will ensure they don't borrow in a dangerous way

Debt counselling is meant to help borrowers avoid the adverse effects of borrowing and is not meant to provide borrowers with even more avenues for borrowing.

In conclusion, credit counselling is not meant to provide borrowers with more loans.

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Buying office space is ______________ in the long run-in comparison to leasing. Which is the correct answer?
less difficult
less expensive
more expensive
more difficult

Answers

Answer:

less expansive

Explanation:

i took the test. i got it right

Buying office space is less expensive, as in the long run it will cover in the variable cost and economies of scale will work.

What is economies of scale?

The cost advantages that businesses gain as a result of their size of operation are known as economies of scale in microeconomics. They are commonly quantified by the amount of output generated in a given amount of time. Scale can be increased when the cost per unit of output decreases.

The phenomenon known as economies of scale occurs when the scale or magnitude of the production produced by a firm increases while the average cost per unit of output decreases.

Technical, managerial, marketing, financial, commercial, and network economies of scale are the six different categories of internal economies of scale.

Economies of scale emerge when a company reaps the rewards of its size. A corporation gains from a variety of efficiency as it grows. For instance, serving 1,000 people at a restaurant is much more affordable and effective than serving just one.

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hich pricing strategy involves setting a high price for an exclusive, high-end product?

Answers

Yes, this encourages the buyer to pay more for an item especially if it is by a well known branded. This gives them to opportunity to brag and boast with their purchase. Also when the product is well known consumers are going to try their absolute best to buy it, this is going to make the product scare, hence increasing its price.


What are the different packaging materials used in petit four?

Answers

Aluminum, plastic, cardboard, glass, and foam

prior to the widespread use of spreadsheets in business, management science studies were carried out by___.

Answers

Prior to the widespread use of spreadsheets in business, management science studies were carried out by hand using calculators and pen-and-paper methods.

Management science is an interdisciplinary field of study that uses mathematical modeling and analytical methods to solve complex business problems. It includes techniques like optimization, simulation, and statistical analysis. Before the advent of computers and spreadsheets, these methods were carried out manually, often with the help of calculators and pen-and-paper calculations. The development and widespread use of spreadsheets revolutionized the field, making it easier and faster to perform calculations and analyze data.

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How is a cryptocurrency exchange different from a cryptocurrency wallet?

Answers

Crypto exchanges are like online marketplaces where people can buy, sell, and trade crypto. A crypto wallet is a piece of software or hardware that can be used for storing, receiving, and sending crypto
A cryptocurrency exchange and a cryptocurrency wallet are two different types of services that are used for different purposes in the world of cryptocurrencies.

A cryptocurrency exchange is a platform that enables users to buy, sell, and trade various cryptocurrencies. It acts as an intermediary between buyers and sellers, facilitating transactions and maintaining the order book. Cryptocurrency exchanges typically charge fees for their services, which can vary depending on the exchange and the type of transaction.

On the other hand, a cryptocurrency wallet is a software application or a physical device that is used to store, send, and receive cryptocurrencies. A cryptocurrency wallet can store private keys, which are used to sign transactions and prove ownership of the cryptocurrencies stored in the wallet. Cryptocurrency wallets can be either hot (connected to the internet) or cold (offline), and they can have different levels of security features to protect the user's assets.
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