Answer:
Inter-modal transportation: Combining two or more modes of transportation
Explanation:
Logistics is the movement and coordination of resources such as food, liquids, materials, inventory, people and equipment from one location (origin) to another (destination). Intermodal transportation is used in logistics to transport a shipment from the shipper to the consignee. There are 3 methods of transportation:
- Ocean transportation e.g. ships
- Land transportation e.g. trucks, trains
- Air transportation e.g. flights
When any resource is transported by use of any two or more of these modes, it is known as intermodal transportation. For example, a container of clothing might be transported from Tokyo, Japan to New York, USA.
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Japan factory to Japan Harbor: Train
Japan Harbor to USA Harbor: Ship
USA Harbor to warehouse in USA: Flight
Warehouse to shopping mall: Truck
Answer:
2. A result of recognizing revenues and expenses that arise from the same transaction.
Explanation:
Matching is a concept in accounting which favors the accrual accounting over cash basis of accounting.
It is a concept in which the cost incurred during the course of carrying out some activities that generate revenue is match to the revenue generated.
Hence Matching is a result of recognizing revenues and expenses that arise from the same transaction.
Answer:
d. the increased likelihood of flooding as more trees are cut plus the private cost of cutting the trees.
Explanation:
Social cost is defined as private cost incurred by individuals involved in a transaction along with external cost incurred by third parties that are not directly involved in the transaction. Basically it is the total cost to society for carrying out an activity or transaction.
In the given instance private individuals are incurring cost of cutting trees in a government forest, and the cost to the society at large is the increased likelihood of flood because the trees have been cut down.
Answer:
False
Explanation:
Natalie can return the washing machine without being liable for any replacement costs. Natalie is a minor, and minors cannot legally sign a contract except for purchasing necessities, e.g. food, clothes.
Since the washing machine probably had a significant cost, there should have been a written contract between the parties. The rental company should have requested Natalie some type of legal identification before renting the washing machine and signing the contract. Their only possible defense is that Natalie used a forged ID when she rented the machine, and that they were ticked by it.
But if the rental company cannot prove that Natalie tricked them using some fake ID, then Natalie has the right to void the contract and return the item. It doesn't matter if the washing machine suffered damages or not, Natalie is not liable for any reparation or replacement costs.
Answer:
Cash interest paid to the bondholders in 2016 is $9,000
Explanation:
The cash interest paid on the bond can be ascertained using the below coupon amount formula:
cash interest=face value*coupon rate
face value of the bond is $100,000
coupon rate is 9%
cash interest=$100,000*9%=$9,000
The cash account would be credited while interest expense is debited with $9000 plus amortization of premium on bonds