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Seth's Computer Repair has maintained a competitive advantage based on its thorough and professional service, reasonable pricing, and money-back guarantee. Management at the company is so committed to doing repairs well that they often have rejected employee suggestions to expedite their processes. Recently, the company has begun to lose customers to a new local service offering same day in-home repairs and 24/7 online customer support. According to the dynamic capabilities perspective, Seth's Computer Repair has lost its competitive advantage due to
SUTA Tax
State Unemployment Tax Act tax, which is a state-based tax that employers pay to fund the unemployment benefits for workers who lose their jobs.
Sales Taxes Payable
Liability accounts that record the sales tax collected from customers on behalf of governmental authorities, to be paid in the future.
Cash Sales
Sales transactions where payment is made in cash at the time of purchase, without any delay.
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