An organization can accelerate cash deposits and prevent lapping by ______________________________
Fill in the blank(s) with correct word
immediately separating checks and remittance advices
You might also like to view...
The medium that permits marketers to include substantial detail about their products is
A) radio. B) television. C) billboards. D) print. E) telephone.
Andrew owns a popular but expensive Chinese restaurant. In order to introduce more people to his brand, he offers a series of one-time “taste fairs” in which he brings his recipes to a locally sponsored event. Customers are able to pay modest amounts for small servings of his creations while not paying for the ambiance of the famous restaurant. What need is Andrew addressing?
a. the restaurant’s lack of customers b. customers’ lack of money c. the owner’s lack of infrastructure d. the customers’ lack of access
Deliberate projects are unplanned projects that bring about new changes in an organization
Indicate whether the statement is true or false
An income statement for Sam's Bookstore for the first quarter of the year is presented below:Sam's BookstoreIncome StatementFor Quarter Ended March 31Sales $900,000Cost of goods sold 630,000Gross margin 270,000Selling and administrative expenses Selling$100,000 Administration 104,000 204,000Net operating income $66,000On average, a book sells for $50. Variable selling expenses are $5 per book with the remaining selling expenses being fixed. The variable administrative expenses are 4% of sales with the remainder being fixed.If 20,000 books are sold during the second quarter and this activity is within the relevant range, the company's expected contribution margin would be:
A. $58,000 B. $160,000 C. $860,000 D. $300,000