All categories

1 year ago

What is an arrangement in which the supplier maintains title to the inventory until it is used?.

Business

1 answer:

Advocard [28]1 year ago

3 0

<u></u>

<u>Consignment inventory</u> is an arrangement in which the supplier maintains title to the inventory until it is used.

<h3>What is Consignment Inventory?</h3>

Consignment inventory is a supply chain model in which a product is sold by a retailer, but ownership is retained by the supplier until the product has been sold. Because the retailer does not actually buy the inventory until it has been sold, unsold products can be returned.

In other Term, Consignment inventory is a supply chain strategy or business agreement in which the consignor (i.e., wholesaler, supplier, manufacturer) gives the goods to a consignee (i.e., the retailer) to sell.

The consignor still owns the products and the consignee will only pay for them once they’ve been sold.

For instance, a retailer may strike up a consignment agreement with a fashion designer and agree to sell the designer’s clothes in-store. The retailer will only pay for the goods that are sold, and the rest will be returned to the designer.

Therefore, we can conclude that the correct option is B.

Your question is incomplete, but most probably your full question was:

What is an arrangement in which the supplier maintains title to the inventory until it is used?

A. postponement

B. consignment inventory

C. delayed transfer

D. supplier control

B. consignment inventory

Learn more about Consignment Inventory on:

brainly.com/question/13376533

#SPJ4

You might be interested in

An unmanned instrumented spacecraft designed for the acquisition of scientific data carried out in a space environment is called

Nitella [24]

A space probe is an unmanned instrumented spacecraft that is designed to execute physical studies of space environment. It is rocketed into space with enough speed to achieve the velocity needed to obtain hyperbolic orbit and also to reach a trajectory that is aimed at a pre-selected target.

8 0

3 years ago

Carol Thomas will pay out $14,000 at the end of the year 2, $16,000 at the end of year 3, and receive $18,000 at the end of year

Fittoniya [83]

The net value of the payments vs. receipts in today's dollars is ($11,102).

<h3>What is the present value?</h3>

The present value of future cash flows is the current value or the value in today's dollars. It is computed by discounting the future values at the appropriate discount rate.

The present value can be computed using the Present Value formula, an online finance calculator, or the PV factor table.

Formula

PV=FV \frac{1}{(1+r)^{n}}

PV = present value

FV = future value

r = rate of return

{n} = number of periods

<h3>Data and Calculations:</h3>

Interest rate = 12%

Period Cash flow PV Factor PV

Year 2 ($14,000) 0.797 -$11,158 ($14,000 x 0.797)

Year 3 ($16,000) 0.712 -$11,392 ($16,000 x 0.712)

Year 4 $18,000 0.636 $11,448 ($18,000 x 0.636)

Net present value of cash flows -$11,102

Thus, the net value of the payments vs. receipts in today's dollars is ($11,102).

Learn more about present value at brainly.com/question/20813161

4 0

2 years ago

__________________ are ways that a nation can draw up regulations, inspections, and paperwork to make it more costly or difficul

Diano4ka-milaya [45]

Answer: Nontariff barriers

Explanation:

Nontariff barriers are trade barriers that are used whereby the import and export of goods and services are restricted. It should be noted that the restriction is not by tariffs but can include include embargoeds, quotas, sanctions, and levies.

The main reason for trade barriers are to generate revenue for the government and also to protect the local industries.

8 0

2 years ago

Polls to answer :

horsena [70]

Age: 15
oldest age: 16
siblings: 1

7 0

3 years ago

If title to merchandise purchases passes to the buyer when the goods are shipped from the seller, the terms are.

BigorU [14]

FOB shipping point

Explanation:

FOB affects the buyer's inventory cost adding liability for shipped goods increases inventory costs and reduce net income.

3 0

1 year ago

What is an arrangement in which the supplier maintains title to the inventory until it is​ used?.

What is an arrangement in which the supplier maintains title to the inventory until it is used?.