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1 year ago

Is there a danger of vendors overstocking walmart shelves by virtue of using retail link and empowering vendors?

1 answer:

7 0

Probably. But Walmart's own managers oversee the inventory system and can quickly spot those vendors who would take advantage of their access to Retail Link.

Walmart, Inc. (/ˈwɔːlmɑːrt/; formerly Walmart Stores, Inc.) is an American multinational retail corporation that operates a chain of hypermarkets (also known as supercenters), discount department stores, and grocery stores in the United States and is headquartered in Bentonville. is. , Arkansas[10] The company was founded by Sam Walton in nearby Rogers, Arkansas in 1962 and incorporated on October 31, 1969, under the Delaware General Corporation Law. It also owns and operates Sam's Club retail warehouse.

As of July 31, 2022, Walmart has 10,585 stores and clubs in 24 countries, operating under 46 different names. [2][3][4] The company operates under the Walmart name in the United States and Canada, as Walmart de México y Centroamérica in Mexico and Central America, and as Flipkart Wholesale in India.

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During the current year, the Town of Salo Alto recorded the following transactions related to its property taxes: Levied propert

Annette [7]

Question Completion:

Prepare the journal entries.

Answer:

Town of Salo Alto

Journal Entries:

Debit Property Taxes Receivable $3,300,000

Credit Unearned Property Taxes $3,300,000

To record the levying of property taxes.

Debit Uncollectible Expense $66,000

Credit Allowance for Uncollectible Property Taxes $66,000

To record the 2% allowance for uncollectible taxes.

Debit Cash $2,987,500

Credit Property Taxes Receivable $2,987,500

To record the collection of current property taxes.

Debit Cash $28,900

Credit Deferred Inflows of Resources $26,500

Credit Interest and Penalties $2,400

To record the collection of delinquent taxes with interest and penalties.

Debit Penalties and Interest Receivable $3,750

Credit Interest and Penalties $3,100

Credit Allowance for uncollectible $650

To record penalties and interest imposed.

Debit Deferred Inflows of Resources $312,500

Credit Property Taxes Receivable $312,500

To re-classify uncollected taxes as delinquent.

Explanation:

The ASC 606, as applicable to GASB, specifies when property tax revenues should be recognized in government-wide financial statements. Governmental revenue, e.g. property tax revenue, should be considered as revenue in the current period if it can be collected within that period or sixty days after the current period. If it cannot be so collected, it needs to be re-classified as delinquent.

8 0

2 years ago

Defined cost object?<br>

Sergeu [11.5K]

Answer:

Si realizásemos una encuesta sobre qué es lo más característico del personaje de Sherlock Holmes, no nos sorprendería que el resultado fuese su conocida expresión "Elemental, querido Watson". Lo que sí resultaría sorprendente (al menos para quienes hubiesen contestado en ese sentido) es saber que tan extendida opinión entra en conflicto con la realidad de los relatos originales de dicho personaje: él nunca utilizó esa expresión. De igual forma, existen algunas ideas sobre el funcionamiento del mercado de trabajo español que creemos que no se corresponden con la realidad. Precisamente, el objetivo de este artículo es ofrecer algunos datos que permitan aportar luz sobre ciertas cuestiones (relacionadas con los contratos indefinidos, los despidos y sus costes) que se encuentran en el centro del debate actual sobre una posible reforma laboral.

Explanation:

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3 years ago

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What type of company is required by the Sarbanes-Oxley Act to have a code of ethics available to all employees

morpeh [17]

The type of company which is required by the Sarbanes-Oxley Act to have a code of ethics available to all employee is:

all companies that have more than a single owner.

<h3>What is Code of Ethics?</h3>

This refers to the guidelines about the way a group of people should behave in a social group or official setting.

With that in mind, we can see that the type of company which is required by the Sarbanes-Oxley Act to have a code of ethics available to all employees is one which has more than one owner.

Read more about code of ethics here:
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2 years ago

Interpersonal Professional Communication According to your textbook, when is an email message appropriate for communicating?

devlian [24]

Answer:

Explanation:

An email message is appropriate for communicating when sending short and informal messages, whether responding to inquiries or requesting for information from the recipient. An email message should be brief, concise, clear and straight to the point.

Also, sometimes someone who is sending an email could have multiple receivers hence such email needs to be sent and then saved or archived afterwards. Where a person is sending longer attachments, an email can be used as a cover document for such.

Emails are not meant for angry responses, negative news, hence must be thoroughly edited because they are considered permanent once they are sent . The focal point of discussion should be the topic in an email communication; while it is advisable to begin communication only when one has been able to gather relevant information instead of just responding.

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3 years ago

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A minnesota statute required all operators of slow-moving vehicles to display a fluorescent red triangular sign. henderson, an a

skelet666 [1.2K]

<span>The court most likely found that the statute, as it applied to Hershberger, was unconstitutional under the free exercise clause since the state argued that the law applied to all equally and Hershberger stated that he was willing to display the sign if he could use silver, instead of red, reflective tape, which was equally effective. </span>

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3 years ago

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