A Newly Created Design Business Called Smart Art Is Just

question 154

Multiple Choice

A newly created design business called Smart Art is just finishing up its first year of operations.During the year,there were credit sales of $40,000 and collections of $36,000.One account for $650 was written off.Smart Art uses the aging method to account for uncollectible account expense,and has calculated an amount of $200 as their estimate of uncollectible amounts at year-end.
-At the end of the year,what is the ending balance in Accounts receivable?

• A) $4,000
• B) $36,000
• C) $3,350
• D) $39,350

Understand the roles and functions of intermediaries in marketing channels for business and consumer products.

Identify the most common distribution channels and their applicability based on product type and market conditions.

Differentiate between direct and indirect marketing channels and their strategic implications.

Recognize the importance and application of multichannel marketing in creating value for consumers.

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Definitions:

Epinephrine

A hormone and a neurotransmitter also known as adrenaline, which is released in response to stress and works by increasing heart rate, contracting blood vessels, and dilating air passages.

Bloodstream

The flowing body fluid that carries oxygen, nutrients, and waste products to and away from cells within an organism, primarily consisting of plasma, red and white blood cells, and platelets.

Accelerate Heartbeat

The increase in the speed of the heart rate.

Endocrine Gland

A gland that secretes hormones directly into the bloodstream to regulate the body's growth, metabolism, and development.