the mrp process of subtracting on-hand quantities and scheduled receipts from gross requirements to produce net requirements is referred to as
Answers
Netting is a method used in MRP that involves reducing gross requirements by scheduled revenues and on-hand quantities to arrive at net requirements.
What does the term "netting" mean in business?A process of decreasing financial contracts' credit, settlement, and other risks by combining (aggregating) two or more commitments into one smaller net obligation. Likewise known as "Settlement Netting."
What makes netting crucial?By removing the need to conduct numerous transactions each month and consolidating them into a single payment, netting helps businesses save a significant amount of time and money. As the volume of flows declines, it restricts the volume of cross-border currency transactions for banks.
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Sean works at Rowen Corp., an environmentally conscious apparel manufacturing company. He primarily focuses on the tastes and needs of the firm's customers. He achieves this by managing a team that regularly interacts with customers through various promotional activities and events. He also provides insights on how to produce eco-friendly outfits through his specialized knowledge of cost-efficient manufacturing processes. This implies that Sean:_______.a) is an HR professional.
b) encourages centralized decision making.
c) is a knowledge worker.
d) encourages a narrow business focus.
e) belongs to the external labor market.
Answers
Answer:
c) is a knowledge worker
Explanation:
A knowledge worker is an individual who is skillful, experienced, educated and whose duty is to apply his or her thinking creativity on the job. According to Peter Drucker, a knowledge worker is someone who is innovative and creative in terms of developing new products and services and one who always find a better way of doing things.
The job of a knowledge work is very complex hence involves expertise on the subject field. A knowledge worker most often develop new ideas and strategies to meeting needs of people rather than focusing on manual and repetitive work. Example of knowledge workers includes but not limited to engineers, scientists, physicians, lawyers etc.
Please read the following case study carefully and answer the questions that follow.
When Stephanie Mayer first started working as an office assistant with AOC Enterprises Limited, she was eager and enthusiastic. She was determined to prove herself a valuable employee, so she willingly accepted additional duties and responsibilities. She eventually found that she had more work than she could manage and was unable to type some essential documents before they were due. She told her supervisor that she had placed them on her desk the previous evening, but apparently someone had moved them. When reprimanded by her supervisor, she became offended and reminded him how much she usually does for the business. She withdrew her enthusiasm and began complaining that her boss was ungrateful.
List THREE positive and THREE negative qualities that Stephanie displayed. (6points)
State TWO poor decisions Stephanie made. (2 points)
Suggest THREE ways in which Stephanie could have prevented this conflict. (6 points)
Explain how the business can be affected by the deterioration of the relationship between Stephanie and her supervisor. (4 points)
Answers
The positive qualities that Stephanie displayed include passion, determination, self-reliance while the negative qualities that she displayed include impatience, apathy, and lack of respect.
The poor decisions that were made by Stephanie include:
Complaining about how ungrateful her supervisor was.Shouting back at her supervisor rather than trying to resolve the issue.The ways that Stephanie could have prevented this conflict include:
Explaining what really happened to her supervisor.Not complaining about the ungratefulness of her boss.She could have been patient as well rather than confronting her supervisor.The deterioration of the relationship between Stephanie and her supervisor can bring about disunity in the workplace and this can lead to lower productivity.
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b) assume now that the demand for gourmet dog food decreases and the company begins to earn an economic loss. relative to this short run situation, how does each of the following change in the long run? the number of firms the company's profit c) in the long run, if the company continues to produce, will it produce the allocatively efficient level of output? explain. d) in the long run, will the company be operating in a region where economies of scale exist? explain.
Answers
Decreased demand causes economic loss. Long-term adjustment results in fewer firms, non-optimal production, and uncertain economies of scale.
In the short run, a decrease in demand for gourmet dog food will result in an economic loss for the company. In the long run, the market will adjust as firms enter or exit the industry.
The number of firms will decrease as firms exit the industry due to economic losses. The decrease in the number of firms will increase the market share of the remaining firms, including the company, and reduce competition.
As a result, the company's profit may increase or decrease depending on the change in demand for gourmet dog food.
In the long run, if the company continues to produce, it will not produce the allocatively efficient level of output. Allocative efficiency occurs when the price of a good or service is equal to the marginal cost of producing that good or service.
In a competitive market, firms produce at the point where price equals marginal cost. However, in a market with a decreasing demand for gourmet dog food, the price will be below the average total cost, resulting in an economic loss for the company.
To achieve allocative efficiency, the company must produce where price equals marginal cost, but this will not be the case as long as the demand for gourmet dog food remains low.
In the long run, the company may or may not be operating in a region where economies of scale exist. Economies of scale occur when the average cost of producing a good or service decreases as the level of output increases.
If the company can reduce its average total cost by producing at a larger scale, then it is operating in a region where economies of scale exist.
However, if the company's average total cost increases as it increases its level of output, then it is operating in a region where diseconomies of scale exist.
In either case, the company will produce at the minimum efficient scale, which is the level of output where the average cost of producing a good or service is minimized.
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what does ngo stand for
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NGO stands for Non-Governmental Organization. These are organizations that operate independently of any government and are typically non-profit. They are often involved in humanitarian or social causes, such as providing aid to those in need or advocating for certain issues.
Examples of NGOs include Oxfam, Doctors Without Borders, and the World Wildlife Fund. Non-Governmental Organization, which is an organization that is not a part of any government but works towards a common goal. NGO's typically work in the fields of human rights, social justice, or environmental conservation.
NGOs are generally funded by contributions from individuals, corporations and foundations, and may receive grants from governments or international organizations. They often rely on volunteers to do the work and may work with other NGOs, government agencies or private companies to achieve their goals.
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Lil Pump agrees to assume a debt of Big Pump Co. to Big Pockets Co. The agreement is not in writing. To be enforceable, the promise must be for the benefit of
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For this promise to be enforceable, it must be for the benefit of a third party.
This concept is called the "third-party beneficiary rule"
What's third-party beneficiary ruleThird-party beneficiary rule states that a person not involved in the contract (the third party) can enforce a promise made for their benefit.
In this case, Big Pockets Co. would be the third party beneficiary. The intention behind this rule is to protect the interests of individuals who are indirectly affected by a contract, even though they are not parties to it.
If Lil Pump's promise benefits Big Pockets Co., then the agreement could potentially be enforceable, despite the lack of a written contract.
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On January 1, Year 3, Orr Company bought a building with an assessed value of $220,000 on the date of purchase. There was no established exchange price for the building. However, Orr could either choose to give as consideration a $400,000 noninterest-bearing note due on January 1, Year 6, or give a 3 year, $250,000 note bearing 6% interest paid annually. The interest-bearing note requires one principal payment at the end of the note’s term plus periodic interest payments during the note’s term. The effective interest rate is 8%. What would be the change in interest expense on Orr’s Year 3 income statement if Orr chooses to give the interest-bearing note instead of the noninterest-bearing note?
Answers
The change in interest expense on Orr's Year 3 income statement would be $1,080.
The effective interest rate of 8% is the rate at which the present value of the future payments (principal + interest) is equal to $220,000. To calculate the change in interest expense, we need to find the effective interest expense for the noninterest-bearing note, which would have been charged if Orr had chosen it instead of the interest-bearing note.
Let's call the effective interest expense for the noninterest-bearing note "I". The present value of the noninterest-bearing note would be equal to $220,000, which is the price of the building.
We can use the formula for the present value of a single amount (future value) to find I:
$220,000 = $400,000 / (1 + I)^3
Solving for I:
I = (400,000/220,000)^(1/3) - 1 = 0.0511 or 5.11%
The change in interest expense on Orr's Year 3 income statement would be $12,500 - $220,000 x 5.11% = $12,500 - $11,420 = $1,080
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ms. ellis, a single individual, has $115,000 taxable income. assume the taxable year is 2021. compute her income tax assuming that: use individual tax rate schedules.
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Given that Ms. Ellis is a single individual with a taxable income of $115,000 for the taxable year 2021, the following is her income tax .
subtracting the standard deduction from the adjusted gross income (AGI). The standard deduction for a single individual in 2021 is $12,550.Therefore, taxable income = AGI – standard deduction= $115,000 – $12,550= $102,450Now, we can use the individual tax rate schedules to calculate the income tax. Taxable Income Tax Rate $0 to $9,950 10% of taxable income $9,950 to $40,525 $995 plus 12% of the excess over $9,950 $40,525 to $86,375 $4,664 plus 22% of the excess over $40,525 $86,375 to $164,925 $14,751 plus 24% of the excess over $86,375 $164,925 to $209,425 $33,603 plus 32% of the excess over $164,925 $209,425 to $523,600 $47,843 plus 35% of the excess over $209,425 $523,600 and above $157,804.25 plus 37% of the excess over $523,600Since
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Use the following information to calculate current assets: sales =$100 million, capital intensity ratio =0.5 times, debt ratio =30 percent, and fixed asset turnover ratio =5 times. Multiple Choice $10 m $15 m $30 m $50 m
Answers
The current assets amount to $320 million.
To calculate current assets, we need to consider the capital intensity ratio, debt ratio, and fixed asset turnover ratio. The capital intensity ratio indicates the amount of capital required to generate sales. In this case, it is given as 0.5 times. The fixed asset turnover ratio measures how efficiently a company utilizes its fixed assets to generate sales, and it is given as 5 times. The debt ratio represents the proportion of debt to total assets and is provided as 30 percent.
To calculate current assets, we can use the formula:
Current Assets = Sales × Capital Intensity Ratio × Fixed Asset Turnover Ratio + (1 - Debt Ratio) × Sales
Using the given values, the calculation would be:
Current Assets = $100 million × 0.5 × 5 + (1 - 0.3) × $100 million
Current Assets = $250 million + $70 million
Current Assets = $320 million
Therefore, the current assets amount to $320 million.
To calculate current assets, we consider the capital intensity ratio, which is the amount of capital required to generate sales. A capital intensity ratio of 0.5 times means that for every dollar in sales, 50 cents of capital is needed. We then multiply this ratio by the sales figure of $100 million.
Next, we factor in the fixed asset turnover ratio, which measures how efficiently a company uses its fixed assets to generate sales. With a fixed asset turnover ratio of 5 times, it means that for every dollar invested in fixed assets, the company generates $5 in sales. So, we multiply the previous result by this ratio.
Additionally, we need to account for the debt ratio, which represents the proportion of debt to total assets. With a debt ratio of 30 percent, it means that 30 percent of the company's total assets are financed through debt. To calculate the portion of sales not financed by debt, we subtract the debt ratio (0.3) from 1 and multiply it by the sales figure.
By adding these two components together, we arrive at the current assets amount of $320 million.
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General motors (gm) did their own marketing research for their specific needs - to learn more about why consumers are buying electric vehicles. gm is gathering ____ in this example.
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General motors (gm) did their own marketing research for their specific needs - to learn more about why consumers are buying electric vehicles. gm is gathering "primary data" in this example.
The marketing research is the process of gathering, analyzing, and interpreting information about a market, product, or service to identify opportunities and make informed business decisions.
In this example, General Motors (GM) is gathering primary data through their own marketing research. Primary data is data that is collected directly from the source for a specific purpose, and it is typically more relevant and accurate for the research objectives.
GM is conducting research to learn more about why consumers are buying electric vehicles, which is specific to their needs and requires data that is relevant to their target market and products. Therefore, GM's research is an example of primary data collection.
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employees complain of feeling overwhelmed by e-mail and text messages, with some employees checking their e-mail boxes up to 40 times per hour. such constant connection with others results in:
Answers
The correct option is D. Such constant connection with others results in Information overload.
Information overload refers to a situation where an individual or organization is presented with an excessive amount of information, making it difficult to process and use effectively. In economics, information overload can occur in various contexts, such as in financial markets, where traders are inundated with vast amounts of data about companies, economic indicators, and other market factors.
This can lead to poor decision-making and increased risk, as important information may be missed or overlooked. In the field of behavioral economics, information overload can also affect consumer behavior, where the abundance of information and choices can lead to decision paralysis and dissatisfaction with the chosen option. Information overload can also occur in the workplace, where managers and employees may be overwhelmed with emails, reports, and other forms of communication, leading to decreased productivity and increased stress.
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Complete Question:
Employees complain of feeling overwhelmed by e-mail and text messages, with some employees checking their e-mail boxes up to 40 times per hour. Such constant connection with others results in
Select one:
a. Stimulus apprehension
b. Mindless messaging
c. Perceptual "blasts"
d. Information overload
Cain Company reports net cash provided by operating activities of $35,000. It also reports the following information under “Adjustments to reconcile net income to net cash provided by operating activities” on its statement of cash flows (using the indirect method).
Answers
It can be seen from the solutions given that Cain's net income is $24,000.
Here is the solution:Net income = Net cash provided by operating activities - Adjustments
= $35,000 - $6,000 - $10,000 + $4,000 + $7,000 + $4,000
= $24,000
Therefore, Cain's net income is $24,000.
Here is a breakdown of the adjustments:
To determine cash flow from operations, it is necessary to include the gain on equipment sales in the net income as it is a non-cash entry.
A rise in accounts receivable implies that customers are prolonging payment of their invoices, resulting in decreased cash flow from the company's activities.
The depreciation expense is classified as a non-cash expense, hence it must be included in the calculation of cash from operations by adding it back to the net income.
A decrease in inventory indicates that the company is experiencing faster turnover of its inventory, leading to increased cash flow generated by its operations.
A rise in prepaid expenses denotes that the company is channeling more funds towards prepaid expenditures like insurance and rent, implying a reduced cash inflow from its operational activities.
A decline in the amount of wages that the company owes indicates that it is not promptly compensating its workforce. Consequently, this implies that the company's operational cash flow is reduced.
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Is the statement “the first day on a job is always easy” true?
Answers
Im gonna slap the person who told you that, Answer:
Pffttt ofc not its always hard the first day.
Good Explanation:
Your first day on the job can be intimidating, anxiety-inducing, nerve-wracking, and hopefully, you do good you know cause its a pain in the ####. So Don't underestimate any job buddy,
The answer is false btw.
Can we treat all small businesses the same? Why or Why not?
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Answer:
Depends on what you define as small business, if you mean a mom and pop pharmaceutical store across the road that keeps the money within the family and has every member of the family working in the shop to create an infinite amount of revenue for themselves until they hit a profit, then sure. They contribute tax dollars to the community through supplying jobs and creating cheaper cost for locals, which gives incentive to buy more in bulk and thus creating more tax dollars. Unless you are talking about the man in the apartment building who makes home grade meals and sells them cheap to his community, then no. While he is contributing tax dollars all those dollars aren't going back into the community until he buys something with that money, and the people who spent that money just got a tax free meal that 't go into the community didn't.
Explanation:
Why is divorce a major reason people file for bankruptcy ?
Answers
Employees tend to stay with one company for their entire careers.
Please select the best answer from the choices provided
OTrue
OFalse
Answers
Answer:The answer would be true, unless the employee had to leave for personal reasons
Explanation:
Operations management is the management of:
Answers
designing and controlling the process of production and redesigning business operation in the production of goods and services.
Information ads help supply _?_that help you learn about and compare products and services.
a. suggestions
C. ideas
b. thoughts
d. facts
Please select the best answer from the choices provided
A
B
С
D
Answers
Answer:
a is your answer
Explanation:
Your older sister, Anna is trying to figure out how she's going to pay for college in the Fall. Anna is going over her options with you one night and she narrows it down to either putting her college education on your parents’ credit card or taking out a student loan. Which one would you suggest and why?
Answers
Answer:
They should take a student loan it less risky cause you will need to pay way more money if you do a credit card but a student loan they make a price and keep it that way till you pay them
They should take out a student loan since it is less dangerous than using a credit card, which requires more higher payments. With a student loan, the price is set up front and remains that way until you pay the lender.
What is the cheapest way to get a student loan?Among undergraduate and graduate student loan options, federal direct subsidized loans are the cheapest and most flexible. Only undergraduate borrowers with financial need as determined by the information in the Free Application for Federal Student Aid, or FAFSA can get subsidized loans.How much can I get in a student loan?If you are an undergraduate student, the maximum amount you can borrow each year in Direct Subsidized Loans and Direct Unsubsidized Loans ranges from $5,500 to $12,500 per year, depending on what year you are in school and your dependency status.What type of student loan should I get?If you're unsure what type of loan to choose, a good rule of thumb is to pick one that offers a low interest rate, multiple repayment options and borrower protections. A federal direct loan checks all of those boxes and is a good place to start.Learn more about student loan here:
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I have a very quick question. So im applying for Early college and i need some future educational goals and maybe im just thinking about it too much but what are some goals?? like are they asking for what i plan on doing in my future as in job?? Or what??
Answers
Answer:
Explanation:
They are pretty much asking what you want to pursue. For example, if you are going for a career in Information Technology, one of your goals may be learn Robotics or Artificial Intelligence. Another goal may be to learn the necessary skills and work for a startup. The goals are anything that you want to achieve, and in this case it would be related to the field that you are going to study in the college that you are applying to. Therefore, simply write what you think you want your life to be like in the future with what you learn in college.
Why are so many Americans quitting their jobs recently?
Answers
Multiple factors. A lot of states with elevated quits are states with higher-than-average c*ovid cases, but a lot of it is due to work market stress
a company's interest expense is $17,000. its income before interest expense and income taxes is $106,250. its net income is $41,450. the company's times interest earned ratio equals: multiple choice 0.160. 6.25. 2.56. 0.41. 0.39.
Answers
The company's times interest earned ratio equals to 6.25. Option B is correct.
What is the Times Interest Earned Ratio?The times interest earned (TIE) ratio assesses a company's ability to meet its debt obligations based on current earnings. The TIE number of a company is calculated by dividing earnings before interest and taxes (EBIT) by the total interest payable on bonds and other debt.
The formula for computing TIE is:
TIE = income before interest expense and income taxes / interest expense
putting the given values in the above formula,
TIE = income before interest expense and income taxes / interest expense
TIE =$106,250/$17,000
Times Interest Earned Ratio = 6.25
Therefore, option B is correct.
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C. the "difference between growth and value shares involves a distinction based on book-to-market value. justify the low book-to-market ratios of growth shares versus high book-to-market ratios of value shares. (10 marks)
Answers
Answer:
Explanation:
C. the "difference between growth and value shares involves a distinction based on book-to-market value. justify the low book-to-market ratios of growth shares versus high book-to-market ratios of value shares. (10 marks)
Cody worked 59 hours last week. Of those hours, 40 hours were paid at the regular rate of $12.50. Ten hours were paid at time-and- a-half, and 9 hours at the double-time rate.
a) What was the gross pay for regular hours?
b) What was Cody’s overtime wages?
c) What was Cody’s total gross pay for the week?
Answers
Answer:
Explanation:
a. What was the gross pay for regular hours?
This will be the regular pay multiplied by the regular hours. This will be:
= $12.50 × 40
= $500
b) What was Cody’s overtime wages?
Cody's overtime wages will be the total amount earned during overtime. This will be:
= [10 × ($12.50 × 1.5)] + [ 9 × ($12.50 × 2)]
= (10 × $18.75) + (9 × $25)
= $187.50 + $225.
= $412.50
c) What was Cody’s total gross pay for the week?
The total gross pay for the week will be the addition of the amount that was earned during regular hours and overtime. This will be:
= $500 + $412.50
= $912.50
PLZ HELP ME!!!!!!
Which statement about credit card interest rates is TRUE?
A.) The more money you spend on purchases, the higher your interest rate will be
B.) A high interest rate means you'll pay MORE money total
C.) A high interst rate means you'll pay LESS money total
D.) Most credit cards do not charge any interest rate
Answers
Answer:
I think its A?
Explanation:
Sammy says, “I don’t think it’s fair that I have to pay for car insurance when I’m a super safe driver.” Explain why this logic is flawed.
Answers
Answer:
Car insurance isn't in place for people who are bad drivers, although I'm sure it helps them too. It's in place for situations you can never predict. Just because you're a good driver doesn't mean the people around you aren't. You have no control of other people's actions, so you might actually need that insurance Sammy.
Explanation:
im smart
This logic that "I don’t think it’s fair that I have to pay for car insurance when I’m a super safe driver.” is absolutely illogical as the rules and regulations set by the TRANSPORT DEPARTMENT is for every individual travelling on streets by any vehicle whether it is bicycle or a a four wheeler.
What are the Traffic Rules to drive a vehicle?Always have valid documents of the vehicleAlways carry the Driving LicenseDo not drink and driveDo not use Mobile while drivingDo not OverspeedAlways stop at Red LightAlways wear Helmet on Two wheeler and seat belt on Four wheeler.Always have Insurance of the vehicleWhy Insurance of Vehicle is Mandatory?Having Insurance of Car is mandatory because it ensures the financial safety of the person who is driving and also if any casualty happened, it also ensure the financial safety of that person. Casualty can happen because of many reasons and it does not completely depends on the efficiency of the driver.
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which one of the following statements regarding corporations is correct?A. A corporation is a separate legal entity.B. A corporation has easy transferability of ownership.C. A corporation may have the ability to raise large amounts of capital.D. A corporation's owners have unlimited liability.
Answers
A corporation is a separate legal entity is a most correct among the following regarding corporation.
Option A is correct.
Corporation:A corporation is a type of business owned by shareholders who elect a board of directors to oversee the company's operations. The business's actions and finances are the responsibility of the corporation, not the shareholders.
What is a corporation's purpose?Academics refer to the "shareholder primacy norm," and many refer to the task of corporate managers as "shareholder wealth maximization." Today, the standard response is that a corporation exists to benefit its shareholders.
What is the corporate structure?A management team and a board of directors make up the most common corporate structure in the United States. Most of the time, there are both inside directors who work every day at the company and outside directors who can make sound decisions.
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Your newest coworker is not as productive as other members of your team. You and your coworkers have to work harder to make up for this.What would you be most and least likely to do?(A).Be patient. Give her more time to learn the job so that her productivity will increase.(B).Ask her how the job is going. Let her know you're available if she has any questions.(C).Give her advice and tips for how to get things done correctly and efficiently.
Answers
Give her advice and tips for how to get things done correctly and efficiently which will improve team cohesion and productivity.
What is productivity?Productivity is a measure of how effectively commodities or services are produced. Productivity is sometimes represented as a ratio of the whole output to a single input or the total input used in a production process, or output per unit of input, usually over a predetermined time period. By comparing the quantity of goods and services produced (output) with the quantity of inputs required to generate those goods and services, productivity is a measure of economic performance. Production per worker or output per worker per hour are standard metrics for determining productivity. The quantity or value of the finished items each employee can generate in a certain amount of time may be used as a productivity indicator for a manufacturing organization.
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Why is reduction in the number of days’ sales in inventory a good management policy?.
Answers
Your cost of financing the inventory purchases as well as your cost of storing the inventory will both decrease with a reduction in the number of days' sales in inventory.
The required details for inventory in given paragraph
The term "inventory" covers both the production's raw materials and the final goods that are put up for sale. Inventory turnover is one of a company's most important assets because it is a major source of revenue production and, consequently, profitability for the firm's shareholders. The three different types of inventory are finished goods, works in progress, and raw materials. It is categorized as a current asset on the balance sheet of a corporation.
The variety of raw materials or completed products that a company has on hand are referred to as inventory.
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a vacant lot acquired for $523,000 is sold for $1,009,500 in cash. what is the effect of the sale on the total amount of the seller's (1) assets, (2) liabilities, and (3) stockholders' equity?
Answers
1)the total amount of the seller's assets is $642,500
2)the total amount of the seller's liabilities is zero
3)the total amount of the seller's stockholders' equity is $309,500
there is an effect on the overall sum because of sales when the cash reserves are raised and the assets are reduced.Since data acquired for $333,000 is sold for $642,500, so the total amount of raised assets effect is $642,500, where $333,000 = $309500. next, here the Liabilities remain the same, so the amount for the Liabilities is 0 and last since here the Stockholders’ Equity is increasing so the total amount of Equity i: s $642,500 - $333,000 =$309,500
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How do you songwriters earn money from their songs
Answers
Answer:
Good question I think its because people buy there albums and
Explanation:
Answer:
they receive royalties
Explanation: