All categories

1 year ago

A shipment that is transported using two or more modes during its journey is said to be?

Business

1 answer:

bija089 [108]1 year ago

4 0

A shipment that is transported using two or more modes during its journey is said to be inter-modal.

When we say that an item has been "shipped" we usually mean that the item has left the supplier's warehouse.On the other hand, when we talk about shipping, we are referring to the date the package arrives at the final customer.

Product Shipments means, for each Performance Period, the quantitative and measurable number of units of a particular Product shipped during that Performance Period.

A document by which the consignee, shipper, or cargo owner directs the terminal operator, carrier, or warehouse clerk to release the cargo to another party.

Learn more about shipment here:brainly.com/question/12887070

#SPJ4

You might be interested in

On December 18, 2017, Stephanie Corporation acquired 100 percent of a Swiss company for 4.0 million Swiss francs (CHF), which is

Over [174]

Answer:

a. Translation adjustment = $401,400

b. Remeasurement loss = –$131,400

Explanation:

a. Determine the translation adjustment to be reported on Stephanie’s December 31, 2017, consolidated balance sheet, assuming that the Swiss franc is the Swiss subsidiary’s functional currency. What is the economic relevance of this translation adjustment?

This can determined as follows:

Step 1: Calculation of beginning net asset in

Particular Amount (CHF)

Cash CHF 814,000

Inventory 1,314,000

Property, plant & equipment 4,014,000

Notes payable (2,128,000)

Beginning net asset  4,014,000 

Beginning net asset in USD = Beginning net asset in Swiss francs (CHF) * Beginning exchange rate = CHF4.014,000 * $1 = $4,014,000

Step 2: Calculation of ending net asset

Ending net asset in USD = Beginning net asset in Swiss francs (CHF) * Ending exchange rate = CHF4.014,000 * $1.10 = $4,415,400

Step 3: Calculation translation adjustment

Translation adjustment = Ending net asset in USD - Beginning net asset in USD = $4,415,400 - $4,014,000 = $401,400

Economic relevance of this translation adjustment

The positive translation adjustment implies that the equity of stockholders has increased by $401,000.

We obtained a positive value because the net position of the subsidiary in Switzerland is CHF4,014,000 and there was a Swiss franc appreciation of $0.10 (i.e. $1.10 - $1.00 = $0.10).

The translation adjustment of $401,000 does not however implies that it was made as a dollar cash flow. The only condition that can make to turn to a profit is if this operation is sold at CHF4,014,000 on December 31 and the amount realized as a proceed is changed to dollars at ruling exchange rate of $1.10 to a Swiss franc on December 31, 2017.

b. Determine the remeasurement gain or loss to be reported in Stephanie’s 2017 consolidated net income, assuming that the U.S. dollar is the functional currency. What is the economic relevance of this remeasurement gain or loss?

This can be determined as follows:

Beginning net liabilities in Swiss franc = Cash - Note payable = CHF814,000 - CHF2,128,000 = –CHF1,314,000

Beginning net liabilities in USD = Beginning net liabilities in Swiss franc * Beginning exchange rate = –CHF1,314,000 * $1.00 = –$1,314,000

Ending net liabilities in USD = Beginning net liabilities in Swiss franc * Ending exchange rate = –CHF1,314,000 * $1.10 = –$1,445,400

Remeasurement loss = Ending net liabilities in USD – Beginning net liabilities in USD = [–$1,445,400] – [–$1,314,000] = –$131,400

Economic relevance of this remeasurement gain or loss

There is a negative remeasurement or remeasurement lost because the net monetary liability position of the Swiss subsidiary is CHF 1,314,000. The appreciation of the Swiss franc by $0.10 results in a loss of $131,400] that not is unrealized.

The readjustment loss of $131,400 does not however implies that it was a dollar cash outflow. The only condition that can make it to turn to a loss is if this operation is sold on December 31. This will lead to the realization of a transaction gain of $81,400 [i.e. CHF814,000 x ($1.10 - $1.00)].

Also, the Swiss franc note payable will be paid off by using the US dollar. This will bring about the realization of a truncation loss of $212,800 [i.e. CHF2,128,000 x ($1.10 - $1.00)].

4 0

3 years ago

M Corp. has an employee benefit plan for compensated absences that gives each employee 15 paid vacation days. Vacation days can

kicyunya [14]

Answer:

$27,600

Explanation:

Here, at the end of December 2021, M's unadjusted balance of liability towards vacation days are found to be 200 Days. And also provided that, on an average, each employee will earn $138 per day.

The amount of Liability for compensated absences in M Corporation = 200 Days * $138 per day = $27,600

3 0

3 years ago

An adjusting entry for accrued expenses involves: (Select all that apply.) debit to an expense credit to an expense credit to a

Aloiza [94]

Answer:

Explanation:

The journal entry to record the accrued expense is shown below:

Example:

Wages expenses A/c Dr XXXXX

To wages payable A/c XXXXX

(Being the accrued expenses is recorded)

While recording the wages expenses, we debited the accrued expenses as it increases the expenses account and credited the wages payable account as the liabilities account is also increased

8 0

3 years ago

Armstrong Valley Bicycles uses a standard part in the manufacture of several of its bikes. The cost of producing 40,000 parts is

scoundrel [369]

Answer:

It is cheaper to make the part.

Explanation:

Giving the following information:

The cost of producing 40,000 parts is $138,000, which includes fixed costs of $68,000 and variable costs of $70,000. The company can buy the part from an outside supplier for $3.50 per unit and avoid 30% of the fixed costs.

The cost of making the part is $138,000. That will be the cost in the income statement. 

We can calculate the effect on income if they buy the part.

Buy:

Selling pirce= 3.5

Savings in fixed costs= (0.3*70,000)= 21,000

Total cost= 3.5*40,000 + 70,000 - 21,000= $189,000

It is cheaper to make the part.

7 0

3 years ago

Manuel is retired and receives a fixed payment from his pension each month. when there is inflation?

ziro4ka [17]

Manuel is retired and receives a fixed payment from his pension each there is inflation when the buying power of his pension will fall

This is further explained below.

<h3>What is inflation?</h3>

Generally, Inflation refers to the rate at which prices continue to grow during a certain period of time, and the term may also refer to inflation itself. In most cases, inflation is assessed on a broad scale, such as the overall increase in prices or the growth in the cost of living in a particular nation.

To put inflation in its most basic form, it may be thought of as the general upward trend in the prices of goods and services over time. What this implies is that a dollar spent now won't purchase as much in the future. In other words, it will lower your ability to purchase things in the future.

In conclusion, Manuel is now retired and receives a certain amount from his pension on an annual basis. In the event that there is inflation, Manuel will be able to buy a lesser total amount with his pension money.