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2 years ago

Firestone owns its manufacturing sites as well as retail stores that sell its tires. Firestone exemplifies a(n)

1 answer:

katrin2010 [14]2 years ago

5 0

Firestone exemplifies a corporate distribution system by owning its manufacturing sites as well as retail stores that sell its tires.

<h3>What is corporate distribution system?</h3>

A corporate system is where a distribution channel owns all of the others by combining distribution channel under the leadership of a single business.

A corporate distribution system keeps track of its manufacturers', wholesalers', and retailers' procedures, finances, and deadlines. They are in charge of the whole process of manufacturing.

Hence, Firestone exemplifies a corporate distribution system by owning its manufacturing sites as well as retail stores that sell its tires.

Learn more about corporate distribution system here: brainly.com/question/14326246

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On an afternoon that a class meets, you could alternatively study for an exam that will take place in another class the next mor

EastWind [94]

Answer:

D) being unable to engage in all three of the above activities.

Explanation:

An opportunity cost is the cost (or lost benefit) of choosing one activity or investment over another. In this case, if the student decides to attend afternoon class, he/she will not be able to benefit from:

taking a nap
seeing a movie with a friend
studying for next morning's test

So all the three activities represent the opportunity cost of attending afternoon class.

4 0

3 years ago

Alfarsi Industries uses the net present value method to make investment decisions and requires a 15% annual return on all invest

Rzqust [24]

Answer:

E. $7,190

Explanation:

Net present value is the present value of after tax cash flows from an investment less the amount invested.

NPV can be calculated using a financial calculator

For project A,

Cash flow in year 0 = $-14,500

Cash flow in year 1 = $9,500

Cash flow in year 2 = $9,500

Cash flow in year 3 = $9,500

I = 15%

NPV = $7190.64

To find the NPV using a financial calacutor:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

I hope my answer helps you

3 0

3 years ago

Scarbrough Corp. factored $600,000 of accounts receivable to Duff Corp. on October 1, year 2. Control was surrendered by Scarbro

Virty [35]

Answer:

Scarbrough will receive and record cash of $538,685

The journal entry to record this transaction would be:

Debit Credit

Cash $2,900,300

Interest Expense $89,700

Notes Payable $2,990,000

Debit Cash for $2900300, debit Interest Expense for $89700, and credit Notes Payable for $2990000

Explanation:

In order to calculate the amount Scarbrough will receive and record cash we would have to make the following calculation:

Scarbrough will receive and record cash=Receivables-Amount of the hold back-Withheld as fee income-Less: Withheld as interest expense

Receivables= $600,000

Amount of the hold back=$600,000 x 5%=$30,000

Withheld as fee income=$600,000 x 3%=$18,000

Withheld as interest expense=$600,000 × 15% × 54/365=$13,315

Therefore, Scarbrough will receive and record cash=$600,000- $30,000-$18,000-$13,315=$538,685

Scarbrough will receive and record cash of $538,685

According to the given data to journal entry to record this transaction would be the following:

Debit Credit

Cash $2,900,300

Interest Expense $89,700

Notes Payable $2,990,000

Interest Expense=$2,990,000 x 3%=$89,700

5 0

3 years ago

Homestead Crafts, a distributor of handmade gifts, operates out of owner Emma Finn’s house. At the end of the current period, Em

atroni [7]

Answer: 871 units

Explanation: Ending inventory is the amount of inventory a company hazs at the end of a specific period, generally at the end of the year.

The number of units in ending inventory can be calculated using following formula :-

Ending inventory = Inventory in hand + inventory ready for sale + invnetory sent on consignment - damaged units

Ending inventory = 700 + 100 + 100 - 29

= 871 units

3 0

3 years ago

Given the acquisition cost of product Z is $43, the net realizable value for product Z is $37, the normal profit for product Z i

Gnom [1K]

Answer:

proper per unit inventory value for product Z applying LCM is $38

Explanation:

given data

cost of product Z = $43

net realizable value product Z = $37

normal profit for product Z = $2

market value product Z = $38

solution

first we get here difference between Net realizable value and profit that is

Net realizable value - normal profit

= $37 - $2

= $35

so here now we get proper per unit inventory is

proper per unit inventory = lower of cost or market value

so here market value product Z is lower so

proper per unit inventory value for product Z applying LCM is $38

7 0

3 years ago