Aggregate production plan is a production plan is defined as a hierarchical planning process that translates annual business plans, marketing plans, and demand forecasts into a production plan for a product family in a plant or facility.
A technique for creating a comprehensive manufacturing plan that guarantees continuous production at a facility is called aggregate planning.
A 3- to 18-month time frame is commonly used for aggregate production planning. A facility's production activities are all included in aggregate planning.
Aggregate planning aims to reduce operational expenses by matching production capacity with demand. An aggregate plan details what supplies and other resources are required, as well as when they should be bought in order to keep costs down.
Aggregate planning should aim to maximise facility output at the least expensive price for the manufacturer.
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Resource management for the poor of the world is most vital as it relates to Resource management for the poor of the world is most vital as it relates to the generation of taxes for the government. family planning. investment by developed nations. common-pool resources.
Resource management for the poor of the world is most vital as it relates to investment by developed nations, the generation of taxes for the government, common-pool resources, and family planning.
In order to address resource management for the poor, several steps can be taken:
1. Investment by developed nations: Developed nations can provide financial support and resources to help improve the infrastructure and living conditions of the poor in developing countries. This can include funding for education, healthcare, and economic development projects.
2. Generation of taxes for the government: Effective resource management requires a stable source of funding for governments to implement poverty alleviation programs. Taxes generated from economic activities can be used to finance initiatives such as social welfare programs, healthcare services, and infrastructure development.
3. Common-pool resources: Common-pool resources, such as forests, fisheries, and water sources, are essential for the livelihoods of the poor. Sustainable management of these resources is crucial to ensure their availability for future generations. This can involve implementing regulations, promoting sustainable practices, and involving local communities in decision-making processes.
4. Family planning: Family planning plays a crucial role in resource management for the poor. By promoting access to contraception, education, and healthcare services, individuals and families can make informed choices about the size of their families. This can help alleviate pressure on resources and contribute to long-term sustainability.
In summary, resource management for the poor is vital as it relates to investment by developed nations, the generation of taxes for the government, common-pool resources, and family planning. By addressing these aspects, governments and international organizations can work towards reducing poverty and ensuring sustainable development.
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which of the following is a variable expense? a insurance premium b rent c groceries d mortgage payment
A variable expense refers to a cost that can fluctuate or change based on usage or other factors. Among the options provided, groceries can be considered a variable expense.
Groceries are typically purchased on a regular basis and the amount spent can vary depending on factors such as individual preferences, dietary needs, and the number of people in a household. The cost of groceries can differ from one month to another, and individuals have the flexibility to adjust their spending based on their needs and preferences. Therefore, groceries can be categorized as a variable expense.
On the other hand, the remaining options are not variable expenses. An insurance premium is a fixed cost that is typically paid periodically, such as monthly or annually. Rent is another fixed expense that is usually paid on a regular basis for the use of a property.
Lastly, a mortgage payment is also a fixed expense, representing the regular installment paid towards a home loan. These costs remain constant over a specific period and are not influenced by changes in consumption or usage.
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A variable expense fluctuates depending on product or service usage. Groceries are variable expenses as they change based on the number of family members and their consumption, unlike fixed expenses like insurance premiums, rent, or mortgage payments.
Explanation:A variable expense is a type of expenditure that changes depending on your use of products or services. From the options provided (insurance premium, rent, groceries, mortgage payment), the answer to which is a variable expense would be c. groceries. The cost of groceries typically varies each time as it is dependent on the number of family members and their consumption. This makes it an independent variable. In contrast, insurance premiums, rent, and mortgage payments are generally fixed expenses because the amount you pay remains the same each month.
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Lucy wants to attach a goal cost
Answer:
What is the rest of your question
Explanation:
When the simple regression equation y; = B2 + B2x, +u,, t=1,2,...,I is written in matrix notation, the OLS estimator is ß =(XX)" Xy. Then: Select one: A. X'X has dimension 2 x 2 and its inverse can always be found. B. X'y has dimension 2 x1 C. B^ has dimension 1x1 i.e. it is a scalar D. X'X has dimension T x T and its inverse can not always be found. E. X'y has dimension T x1
Previous question
X'y has dimension T x1 of the equation and scalar D .The correct answer is E.
In matrix notation, the simple regression equation can be written as y = Xß + u, where y is an I x 1 vector of the dependent variable, X is an I x 2 matrix of the independent variable (with the first column being all ones for the intercept), ß is a 2 x 1 vector of coefficients (including the intercept), and u is an I x 1 vector of the error term.
To estimate ß using ordinary least squares (OLS), we minimize the sum of squared residuals (SSR), which can be expressed as SSR = (y - Xß)'(y - Xß). Taking the derivative of SSR with respect to ß and setting it equal to zero yields the OLS estimator ß = (X'X)-1 X'y.
X'X is a 2 x 2 matrix that represents the sum of squares and cross-products of the independent variable. Its inverse can be found as long as it is non-singular, which requires that the columns of X are linearly independent. However, the dimension of X'X equation with scalar D is not T x T, as T is not explicitly given in the question.
X'y is a 2 x 1 matrix that represents the sum of cross-products between the independent and dependent variable. Its dimension is T x 1, where T is the number of observations.
B^ does not have dimension 1x1, as it is a vector of length 2 (including the intercept and slope coefficient).
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Walmart is based in Rogers, Arkansas. Many of Walmart's suppliers have relocated to Rogers in order to do business exclusively with Walmart. This example shows that a. suppliers have no need to locate close to their markets b. suppliers gain an advantage by locating close to their markets c. distant suppliers can compete in terms of price O d. buyers prefer to purchase from distant suppliers
The correct option is B. The example given shows that suppliers gain an advantage by locating close to their markets.
In business, a market refers to a group of potential buyers or consumers who are willing and able to purchase a particular product or service. A market can also refer to the overall demand for a particular product or service, including the competition and the various factors that affect the buying decisions of consumers.
Businesses use market research and analysis to identify and evaluate the size and characteristics of their target markets. This helps them understand the needs and preferences of their customers and develop strategies to meet their demands. Understanding the market also helps businesses determine pricing, promotion, and distribution strategies that will attract and retain customers.
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Completing a(n ____ will help you identify things you are interested in
- aptitude test
- interest inventory
- personality survey
- skills assessment
Completing a interest inventory will help you identify things you are interested in. Therefore the correct option is option B.
Interest inventories are evaluations or examinations that assist people in identifying their passions, interests, and preferences. These usually take the form of a series of questions or statements that request respondents to rate their level of interest in various pursuits or subjects. An interest inventory's findings can guide people in choosing careers, pastimes, or educational paths that fit with their passions and interests.
An individual's capacity to learn or do a certain activity is measured by an aptitude test, whereas their characteristics, actions, and attitudes are evaluated by a personality survey. An evaluation of a person's skills or knowledge identifies their level of competence. Therefore the correct option is option B.
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A new airline in Mexico has started a new non-stop flight from Mexico City to Boston in the United States. The airline requires an average sales revenue of at least $10,000,000 per year for four years to break even. If sales are $5,000,000 in year 1, how much should the sales increase by a constant amount per year in order for the airline to reach its break-even target in four years?
In order for the airline to reach its break-even target of $10,000,000 per year for four years, the sales should increase by $1,250,000 per year.
To calculate the amount by which sales should increase per year, we need to find the difference between the break-even target and the sales in year 1, which is $10,000,000 - $5,000,000 = $5,000,000. Since the airline has four years to reach the break-even target, we divide the difference by four, resulting in an annual increase of $5,000,000 / 4 = $1,250,000. Therefore, the sales should increase by $1,250,000 per year for the airline to reach its break-even target in four years.
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During the 1990s, consumers started to drink bottled water instead of soft drinks. The Coca-Cola Company and PepsiCo decided to change their product lineup to include water products, indicating on the part of both companies.
Answer:
Strategic Flexibility
Explanation:
The strategy of developing a bottle water product line up shows strategic flexibility by Coca-Colca and PepsiCo.
It shows that these two beverages giants are not static, and instead, they adapt to market and cultural trends. When the market trend showed that people were flocking to bottle water from soft drinks, they decided to compete directly against bottle water producers by developing their own bottle water products.
Imagine that a project manager creates a matrix with two variables: risk impact and probability. They use the matrix to measure potential future losses to a project resulting from specific activities or events. What is the project manager trying to determine
The project manger is trying to perform project risk analysis to determine the impact of potential losses on projects.
What is risk analysis?Risk analysis is the process of identifying and analyzing potential losses arising from key business initiatives or projects, thereby helping the organization to manage the risks' impacts.
Using a probability and impact matrix as a table of values shows the probability of potential risks and their severity of impact. The probability and impact matrix serves as a technique for the project manager to perform risk analysis.
Thus, the project manager is trying to perform project risk analysis to determine the impact of potential losses on projects.
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Your new health insurance has a $4,000 deductible. What does that mean?
You'll pay the insurance company $4,000 a year to cover all of your
medical expenses.
B
Your insurance will cover up to $4,000 of your medical expenses each
year and then you'll have to cover the rest.
с
You'll need to pay $4,000 on medical expenses each year before your
insurance will kick in
Your insurance will pay up to $4,000 for each medical visit you have.
Answer:
с). You'll need to pay $4,000 on medical expenses each year before your
insurance will kick in
Explanation:
The deductible is the cash amount that a person needs to pay to the insurance company before their insurance coverage can begin. It applies mostly to medical insurance. If an insurance policy has a deductible requirement, one can not launch any claim without having paid the deductible in full. The insured pays the deductible out of pocket.
when the investment banker sells the new securities on commission without guaranteeing the sale of the whole issue, the process is called:
Without ensuring the sale of the entire issue, the investment banker sells the new securities on commission under the following circumstances: Best effort.
Investment banking refers to particular business operations of a financial services firm or corporate division that involve advisory-based financial transactions on behalf of private persons, public companies, and public authorities. Such a bank, which is more commonly linked with corporate finance, might help raise money by underwriting or serving as the client's agent in the issue of debt or equity instruments. An investment bank may also offer support services to businesses engaged in mergers and acquisitions (M&A), such as market-making, equities and derivatives trading, FICC services (fixed income instruments, currencies, and commodities), or research (macroeconomic, credit or equity research). Along with their businesses for investment research, the majority of investment banks continue to run prime brokerage and asset management divisions. The Bulge Bracket (highest tier), Middle Market (mid-level businesses), and Boutique Market categories make up the industry (specialized businesses). Investment banks don't accept deposits, in contrast to commercial and retail banks. The Glass-Steagall Act, which was passed in 1933, kept investment banking and commercial banking separate in the US until it was repealed by the Gramm-Leach-Bliley Act in 1999. G7 nations and other industrialized nations generally do not retain such a division. The Volcker Rule claims some institutional separation of investment banking services from commercial banking as part of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (Dodd-Frank Act of 2010).
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define the term collateral and include two examples
setting contingency plans in an organization is considered very important today mainly because conditions change rapidly in today's economic and competitive environments
An organisation can recover from an unforeseen occurrence with the use of a contingency plan. Learn the seven steps to constructing one while reducing distractions.
Which kind of organisation do you mean?
A group of people who cooperate, such as in a union, corporation, charity, or neighbourhood association, constitutes an organisation. The word "organisation" can apply to a person, a group, a company, or the process of creating something.
A system of how actions take place within an organisation to accomplish its objectives is known as an organisation type. The company's policies and each employee's unique duties and obligations are included in these activities.
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How important is money
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
1. Can a manager be effective if he or she does not have leadership skills? Explain your
answer.
No it is not possible for a leader that does not have leadership skills to be an effective leader.
Leadership skills are those skills that are used to guide and direct other people towards a shared goal or a common purpose.
A leader that lacks the basic leadership skills is going to fail when it comes to managing a group. They would lack the ability to plan, execute and motivate.
At the end of the day, such leaders are more likely to cause more harm than good.
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What is it called when a customer links a salesperson to a prospective customer?
O referral
O cold calling
O partnering
O networking
Answer:
partnering this is what I think.
Explanation:
Personal selling can be defined as "the process of person-to-person communication between a salesperson and a prospective customer.
Create a monthly budget for yourself using the steps discussed in the unit. If you don't wish to discuss your financial situation, you can create a budget based on an average individual your age.
Calculate the present value of the interest tax shields generated by these three debt issues. Consider Corporate taxes of 30% only. a) A $6,000 one year loan at 5% (2 marks) b) A six year loan of $6,000 at 5%. (2 marks) c) A $6,000 perpetuity at 4.5%. (2 mars)
a) The present value of the interest tax shield for a one-year loan of $6,000 at 5% is $900.
b) The present value of the interest tax shield for a six-year loan of $6,000 at 5% is $2,550.
c) The present value of the interest tax shield for a perpetuity of $6,000 at 4.5% is $13,333.33.
To calculate the present value of the interest tax shields, we can use the following formula:
PV of Interest Tax Shield = Tax Rate * Debt * Interest Rate
a) For the one-year loan of $6,000 at 5%:
PV of Interest Tax Shield = 0.30 * $6,000 * 0.05 = $900
b) For the six-year loan of $6,000 at 5%:
PV of Interest Tax Shield = 0.30 * $6,000 * [(1 - (1 / (1 + 0.05)^6)) / 0.05] = $2,550
c) For the perpetuity of $6,000 at 4.5%:
PV of Interest Tax Shield = 0.30 * $6,000 * (1 / 0.045) = $13,333.33
The present value of the interest tax shield for a one-year loan of $6,000 at 5% is $900. For a six-year loan of $6,000 at 5%, the present value of the interest tax shield is $2,550. Finally, for a perpetuity of $6,000 at 4.5%, the present value of the interest tax shield is $13,333.33. These calculations take into account the corporate tax rate, debt amount, and interest rate.
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Producer expectations refer to firms' expectations of ______ for a good or service that they produce.
Producer expectations refer to firms' expectations of future demand and market conditions for a good or service that they produce.
Producer expectations play a crucial role in shaping firms' production decisions and business strategies. These expectations refer to the forecasts or predictions made by producers regarding the future demand for their goods or services, as well as the overall market conditions in which they operate.
Firms consider various factors when forming their producer expectations. They analyze market trends, consumer behavior, economic indicators, and industry-specific information to anticipate future demand levels, pricing dynamics, and competitive pressures. By understanding and predicting these factors, producers can adjust their production levels, pricing strategies, and resource allocation to align with the expected market conditions.
Producer expectations influence firms' investment decisions, production planning, inventory management, and marketing efforts. If firms expect higher future demand, they may increase their production capacity, invest in new technologies, or expand their market presence. On the other hand, if firms anticipate weaker demand, they may reduce production, adjust pricing, or explore alternative markets.
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Negative criticism is generally
a. private
b. public
C. productive
d. practical
Please select the best answer from the choices provided
Ο Α.
OB
ОС
OD
Answer:
I think it's b. public
Explanation:
Please mark me brainliest if correct
Negative criticism can be either private or public. Private criticism is usually conveyed in a one-on-one conversation while public criticism is often shared openly in a group setting. Thus option (A) and (B) are correct.
What are negative criticism?The negative criticism is productive or practical depends on how it is delivered and received. The negative criticism that is delivered poorly or without consideration for the recipient's feelings and perspective may not be productive or practical.
Private criticism is usually conveyed in a one-on-one conversation, email, or private message. It may be more constructive as it allows for a more personalized and in-depth discussion of the issues.
Public criticism, on the other hand, is often shared openly in a group setting and it can be more damaging and less productive if not delivered constructively.
The negative criticism can be either private or public Therefore, option (A) and (B) are correct.
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If you were a policy maker in country lt, how would you ensure that the ideals of free enterprise are preserved while protecting the citizens of your nation? explain your answer in three to four sentences.
I will ensure that the ideals of free enterprise are preserved by implementing price regulatory system.
What is free enterprise?It should be noted that free enterprise is an economic system that's driven by demand and supply.
In this case, I'll ensure that the ideals of free enterprise are preserved by implementing price regulatory system. This is important to prevent exploitation of consumers.
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Answer:
If I were a policy maker in Country LT, I would create a regulatory policy that allowed the grain producer to make as much in profit as possible, but still protect consumer needs. The company would be required to create various smaller companies, each selling different types and quality of grain for varying prices. This would preserve the ideals of free enterprise, encourage competition within the market, and help to keep food costs down for consumers.
Explanation:
What are the 4 main types of orders in stock market?
The 4 main types of trade order in stock market are:
Market orderLimit orderStop orderStop limit orderStock Market or Trade Order refers to the instrcution given by an investor to his broker to buy or sell the investor's share or security on his behalf through a trading platform.
Market order refers to an order to buy or sell shares immediately without any guaranteee on the execution price. Market order will be executed at or near the current bid or ask price. A broker will buy or sell an investor's shares at the current market price and does not control the amount paid for the share purchased or sale.
Limit order refers to an order to buy or sales of stock at a specific set of price or better. Limit order allows an investor to buy or sell shares at his desired price and avoid purchasing or selling price at his undesired price. Limit order will only be executed if the market price in line with the limit oder price. Limit order might come in a form of buy limit or sell limit orders.
Stop order would be executed if the price market reaches the specific desired price, or stop price. Stop order will trigger market order once the market price reaches the stop price. Stop market is used to avoid larger losses or to lock in profits.
Stop-limit order refers to a conditional order that requires placing two prices - the stop price and the limit price. Stop-limit order will trigger limit order when the stock hits the stop price. Stop-limit order will guarantee a price limit and guarantees an order execution but not necessarily at the stop order price.
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If you’re not careful, it can become costly to use P2P payments. Name at least 3 ways you could LOSE money using person-to-person apps
P2P payment is a medium of transferring funds to purchase cryptocurrencies.
Cryptocurrencies means an electronic form of currencies with huge volatility.
Three ways by which one can lose money on the platform:
If money are sent to the wrong bank account.Money sent to wrong address are irretrievable.Through the intelligence of scammersIn conclusion, in an attempt not to lose money, Crypto-currencies service providers introduced the P2P known as Peep-to-Peer.
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What components of a food label can help consumers compare the amounts of nutrients in a food to the amount of that nutrient that's recommended for consumption each day?
The components of a food lebel high-quality-earlier than date suggests how long meals will remain of true nice – meals remains secure to eat after this date.
Do no longer eat meals after the use-by date due to the fact it is able to be risky to consume.
Elements are listed on products in descending order with the aid of weight in order that the primary ingredient listed is continually found in the largest amount and may be useful while comparing merchandise. fat, sugars and salt can be listed below numerous extraordinary names.
Using the per 100g or in line with 100mL column of the nutrition statistics panel on food programs is the best manner to compare comparable merchandise.
A few terms and emblems utilized by producers can be deceptive but vitamins claims and health claims on food labels have to meet strict guidelines.
Percentage every day intake %DI and fitness big name rating HSR symbols on labels may be beneficial to degree nutrient quantities of some merchandise, supplied they may be used effectively, and their limitations are understood.
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______ Is a market in which a large number of suppliers compete with each other to satisfy the needs and wants of a large numbers of consumers at a competitive price.???
Answer : Monopolistic competition
Answer:
Monopolistic Competition
Explanation:
In a monopolistic competitive market, there are large numbers of sellers who do not sell identical products instead they sell differential products. They compete with each other at a competitive price. The products could be differentiated in many ways including quality, style, location and even brand name. Since they compete at a competitive price, if there is a substantial rise in the price of any of the products, the buyers could quickly shift from one product to another. The most crucial factor behind product differentiation is because of geographical factors. Under a monopolistic competitive market, the sellers do not have any influence over customer loyalty and limited control over the price.
What two activities are part of the development step of a marketing research plan?.
Marketing research plan is an integral part of marketing, activities of a market research plan include market survey and outlining actions to be taken.
What is marketing research plan?Marketing research plan is a document that contains information concerning the potential market.
Activities of a market research plan include,
Market survey to know potential marketOutlining actions to be taken to be at advantage of potential market.Therefore, activities of a market research plan include market survey and outlining actions to be taken.
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are Investments guaranteed to generate profit
Money held in a bank is generally protected by the Federal Deposit Insurance Corporation, and the U.S. government has yet to fail to meet an interest payment or fully redeem a maturing bond. Yet, yield often correlates with risk. ... But it's not going to guarantee you a real money return.
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businessaccountingaccounting questions and answersstep 1: record the business activity as journal entries, post to ledgers, prepare the unadjusted trial balance, prepare any adjusting entries for the month, and create the adjusted trial balance. step 2: from the adjusted trial balance prepared in part 1, prepare the four financial statements, followed by closing entries, and the post-closing trial
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Question: Step 1: Record The Business Activity As Journal Entries, Post To Ledgers, Prepare The Unadjusted Trial Balance, Prepare Any Adjusting Entries For The Month, And Create The Adjusted Trial Balance. Step 2: From The Adjusted Trial Balance Prepared In Part 1, Prepare The Four Financial Statements, Followed By Closing Entries, And The Post-Closing Trial
Step 1: Record the business activity as journal entries, post to Ledgers, prepare the unadjusted trial balance, prepare any adjusting entries for the month, and create the adjusted trial balance.
Step 2: From the Adjusted Trial Balance prepared in Part 1, prepare the four financial statements, followed by closing entries, and the Post-closing Trial Balance.
11/01/2020: Chelsea contributes $25,000 cash and Clint contributes $6,000 in cash and also contributes industrial shelving and other equipment worth $19,000 (fair value). The shelving and equipment have a useful life of 10 years and no residual value. 1,000 shares of $1 par Common Stock are issued to the Partners for this transaction (equally).
11/01/2020: Pedal Pushers signs a lease with Rightway Realty for retail space and pays $6,600 for the first 6 month’s rent.
11/01/2020: Pedal Pushers purchases a 6 month insurance policy to insure the business, paying $1,500.
11/02/2020: Pedal Pushers buys a Point-of-Sale (POS) system for the cashier station, $4,500, on account with terms Net 45 FOB Shipping Point. It has an estimated 10 year life and no residual value.
11/04/2020: The POS system arrives and the trucking company presents a freight invoice of $92, which Pedal Pushers pays.
11/04/2020: Pedal Pushers borrows $15,000 from their bank. The amount must be paid back in 90 days with 5% interest.
11/04/2020: Pedal Pushers buys office supplies for $590.
11/04/2020: Pedal Pushers purchases 100 $85 Pro-Cycle bikes (regular size) and 60 $95 Pro-Cycle bikes (XL size) on account from Discount Distribution LLC, terms 2%/15, Net 30, FOB Destination. Pedal Pushers is selling the regular size bike for $165 and the XL size bike for $185. The inventory should be delivered 11/9/2020.
11/05/2020: Pedal Pushers purchases 55 regular size $12 bike helmets and 25 XL size $15 bike helmets from Outfitters Wholesale Corp., terms 1%/10, Net 30, FOB Destination. The helmets should arrive 11/9/2020. The company will charge customers $24 for the regular size and $30 for the larger size.
11/09/2020: Both purchases from the 4th and the 5th arrive at the shop.
11/12/2020: Customer buys a regular size bike, paying cash.
11/14/2020: Customer buys 3 XL bikes, paying cash.
11/21/2020: Pedal Pushers pays for the purchase made on the 4th.
11/22/2020: Customer buys a regular size bike and a regular size helmet, paying cash.
11/30/2020: A count of office supplies shows that $320 are remaining.
12/01/2020: Sell on account to Walker Fitness Gym, terms 1/15, n/30, the following: 36 Regular Bikes, 36 Regular Helmets, 14 XL Bikes, 14 XL Helmets.
12/02/2020: Pay for the helmet purchase that was made November 5th.
12/03/2020: Purchase on account, terms 2/15, n/30, FOB Destination from Discount Sports Distribution the following items, and received the same day:
30 Regular Bikes for $92/each
16 XL Bikes for $101/each
80 Regular Helmets for $13/each
40 XL Helmets for $14/each
12/04/2020: Sold to cash customers 6 XL Bikes, 5 XL Helmets, 3 Regular Bikes, and 4 Regular Helmets.
12/5/2020: Sold to cash customers 22 Regular Bikes, 18 Regular Helmets, and 5 XL Bikes.
12/6/2020: Paid the bill for the purchase of the Point-of-Sale system.
12/8/2020: Received a utilities bill for the bundled phone/internet for the shop. Paid it the same day, $245.
12/10/2020: Sold to cash customers 19 Regular Bikes, 2 Regular Helmets, 12 XL Bikes, 6 XL Helmets.
12/11/2020: Sold on account to Ripley’s Raceway Park, terms 1/15, n/30, 20 each of the 4 inventory items.
12/12/2020: Received payment from Walker’s Fitness Gym for the entire purchase they made with us on December 1st.
12/15/2020: Clint and Chelsea decide to take a $2,000 dividend for each of them. They will close the shop for a few weeks to enjoy the year-end holidays and resume business the following year.
Adjusting entries: you should make adjusting entries for any expense items needed. Also, a count of office supplies shows only $65 remaining
This detailed scenario is a textbook representation of accounting procedures, including journal entries, ledgers, trial balances, adjusting entries, and financial statements.
Throughout November and December 2020, the business operations of Pedal Pushers consist of numerous transactions involving the contribution of capital, leasing of retail space, insurance purchase, acquisition of a Point-of-Sale (POS) system, inventory purchases, sales, payment of bills, receipt of payments, and dividends to partners. These transactions are first recorded as journal entries, then posted to ledgers and compiled into an unadjusted trial balance. Adjusting entries, which account for expenses and changes in inventory, are made at the end of the month, resulting in an adjusted trial balance. From this adjusted trial balance, the four financial statements—Income Statement, Statement of Retained Earnings, Balance Sheet, and Cash Flow Statement—can be prepared. Finally, closing entries are made and the post-closing trial balance is prepared.
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One of the LEAST effective supplier strategies for lean systems is:____________
A. smaller, more frequent stock shipments.
B. a short-term, competitive relationship between the company and the supplier.
C. use of local suppliers.
D. to include suppliers during the product design phase.
Option B is correct. One of the least effective supplier strategies for lean systems is short-term competition between the company and the supplier.
What is a lean supply system?Lean supply chain management consistently eliminates non-value-added time and consistently shortens lead times at all stages of the supply chain, from raw material production by suppliers to delivery of finished goods to end users.
What is ultimate goal of lean systems?The goal of all lean systems is to maximize customer profits. Lean thinking can greatly improve the productivity and functioning of teams and departments, but implementing Lean across an organization has the greatest impact on customers.
What does lean system do with suppliers?Lean systems typically require suppliers to be able to deliver large lots on a regular basis. Lean systems require suppliers who often deliver small batches. Lean buying requires frequent contract offers from multiple sources to ensure competitive pricing for buyers.
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Choose a real or made up company, and describe at least three ways in which the company uses technology.
Answer:
Case of E Commerce Companies, & their technical processes.
Explanation:
Any company based on E commerce model, uses technology in its various phases of operation.
E Commerce refers to online buying & selling of goods. They use technology for website or app maintainence, for order placing, for payment, for delivery tracking & various other updates. Technology is also used for back end stock & orders management etc.
Many big online shopping companies (eg Amazon) use this model & its technical aspects.
Answer:
Dominos is a company that has many variable costs. Some examples include flour, cheese, and tomatoes.
Explanation: