Business formation is also known as: a business attraction
Answer:
The correct answer is prospecting.
Explanation:
The organized search that is based on the use of techniques specially designed to find potential clients for a given business is known as commercial prospecting. This is a fundamental point to maximize the success of a company and attract new investors.
Although commercial prospecting can significantly increase the performance of a company and move it from an acceptable activity to occupy an important position in the market, many entrepreneurs ignore this step or simplify it, thus losing endless opportunities for gold from make your products and services the most sought after.
Answer:
Zone of service
Explanation:
Zone of service is the period where there is intensive service to be rendered to customers because of the number present per hour. Since they can serve 162 customers per hour, one can estimate that they would be serving about a thousand customers per night within a six-hour period. In the zone of service, every hand would usually be on deck and the tables and chairs would be fully occupied with customers making their food and drink demands.
Answer:
The answer is D.
Explanation:
Interest expense is the amount of interest to be paid on borrowed money(bills, notes or bonds). Interest expense can be found on income statement. Income expense reduces the net income and profitability of the company. It is used to determine the solvency of a company.
In the question, Universal borrowed for 12 months from November 1, 2021 and the note matures on October 31, 2022.
For 2021, it will recognize 2 months(November 1, 2021 - December 31, 2021).
For 2022, it will recognize 10 months(January 1, 2022 - October 31, 2022).
Therefore, for 2022, Universal Travel, Inc. will recognize:
$500,000 x 6% x (10 months÷12 months)
= $25,000