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7nadin3 [17]
1 year ago
8

15) keeping a product generic as long as possible before customizing is known as:__________

Business
1 answer:
ASHA 777 [7]1 year ago
6 0

Postponement is the practice of keeping a product generic for as long as possible before modifying it.

By deferring current investment in a good or service until the very last minute, postponement is a business strategy that tries to maximize reward and reduce risk. A supply chain technique for quick adjustment to shifting market conditions is postponement. Lead times are lowered, working capital is cut and waste is eliminated. Postponement is a make-to-order strategy in contrast to conventional make-to-forecast methods, when things are quickly customized from stocks of nearly complete products, frequently close to customers. Modern enterprises employ postponement as a key supply chain management strategy in order to survive in the cutthroat business climate of today.

Learn more about postponement

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larisa86 [58]

Answer:

$202,137.90  

Explanation:

Year Annual payment Discount factor  Present value  

1 $28,000          0.965250965 $27,027.03  

2 $32,000          0.931709426         $29,814.70  

3 $66,000          0.899333423         $59,356.01  

4 $99,000          0.868082454 $85,940.16

Total present value                                         $202,137.90  

The discount factor should be computed by  

= 1 ÷ (1 + interest rate)^years  

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rate is 3.6%  

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6 0
3 years ago
The following transactions are for Kingbird Company.
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Answer and Explanation:

The Journal entries are shown below:-

1. Account Receivable Dr, $450,000  

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(Being credit sales is recorded)

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here we debited the cost of goods sold as it increased the expenses and we credited the inventory as it decreased the assets

2. Sales return and allowances Dr, $ 22,000

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(Being sales return is recorded)

here we debited the sales return and allowances as it increased the sales return and we credited the accounts receivable as it decreased the assets

3. Cash Dr, $423,720

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Here we debited the cash and sales discount as it increased the assets and sales discount and we credited the accounts receivable as it decreased the assets

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timurjin [86]

Answer

The answer and procedures of the exercise are attached in the images below.

Explanation  

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in 2 sheets with the formulas indications.  

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A successful referral makes an employee feel better about the company they work for
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Answer:

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