Zero Zone Inc. manufactures and sells display refrigeration and freezer units to supermarkets. A supermarket manager called Nathan, one of Zero Zone's salespeople, to inform him that his Zero Zone rear-load refrigeration display unit needed to be defrosted about three times every day. It was more than the normal rate, and Nathan responded immediately. He cancelled his other appointments and drove to the supermarket. Nathan worked for two hours installing a new oversized coil to fix the problem. Which of the following factors needed for the development of mutual trust is illustrated in this example?
A. Marketability
B. Honesty
C. Morality
D. Likability
E. Customer orientation
Answer: E
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Fleet Transportation is a new business. During its first year of operations, credit sales were $40,000 and collections of credit sales were $36,000. One account, $650, was written off. Management uses the percent-of-sales method to account for bad debts expense and estimates 2% of credit sales to be uncollectible. Prepare the entry to record bad debts expense. Omit explanation.
What will be an ideal response?
In the context of analyzing research data, which of the following best describes the role of the mean, median, and mode??
A) They assist a researcher in understanding the distribution of scores of a study.? B) ?They are used to determine a possible relationship between answers to two different items. C) ?They reduce quantitative data such as numerous answers to questionnaire items. D) ?They are descriptions of the average value of the distribution of scores of a study.
Dean Art is a new business
During its first year of operations, credit sales were $41,000 and collections of credit sales were $38,000. One account, $725, was written off. Management uses the aging-of-receivables method to account for bad debts expense and estimated $525 as uncollectible at year end. The ending balance of the Allowance for Bad Debts is ________. A) $505 B) $1,230 C) $1,250 D) $525
Column 1: c-chart
Column 2: Count of attributes What will be an ideal response?