Sales journal, here goods that are sold on credit are recorded while in a sale return journal goods, initially sold on credit when returned are recorded here.
Hi!
I believe it is called 'Scare tactics'.
Answer:
Cash Inventory Equipment Accounts Payable
April 5th 27,900.00 27,900.00
April 7th 31,600.00 31,600.00
April 8th (3,700.00) (3,700.00)
April 15th (24,200.00) (24,200.00)
Explanation:
Instead of using a journal we record horizontally:.
We write the accounts and post under each one the values for each transactions
Answer:
16,900
Explanation:
Ending Inventory = 30% x 12,000 = 3,600
Beginning Inventory = 30% x 19,000 =5,700
Thus;
19,000 + 3,600 – 5,700 = 16,900
Therefore the Porch Cushion Company need to purchase in August,900 pound of foam of Cushion.
Answer:
-
Rivalry between competitors
- Bargaining power of suppliers
- Bargaining power of customers
- Threat of new competitors
Explanation:
The factors chosen to identify whether or not a sector presents a good business opportunity for a company, were the strengths of Porter, who analyzes the micro and macro environment to determine whether a company can be competitive in the market.
The rivalry between competitors is an essential factor to measure the degree of opportunity for a business to be successful, as this factor will determine different variables among competitors of similar products in the market, such as the strength of the brand, the demand for your product, etc. in order to measure how this factor will directly impact your business.
The bargaining power of suppliers implies the bargaining power of the supplier with the company, being able to provide favorable or unfavorable conditions to a business, such as price, delivery time, quality, etc.
The bargaining power of buyers means measuring and monitoring how your product will have a positive or negative weight on the customer and which affects the volume of purchases, the possibility of the customer negotiating with the company, etc.
And the threat of new competitors concerns new competitors that can enter the market and directly impact their business, for this the barriers to entry such as legislation, high entry capital, etc. should be analyzed.