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Arte-miy333 [17]
4 years ago
11

One of your friends states that “operations management and supply chain management are primarily of interest to manufacturing fi

rms.” Is this true or false? Give some examples to support your answer
Business
1 answer:
Ghella [55]4 years ago
8 0

This is not true. Just because it talks about operations and supply chain, it does not mean that non-manufacturing industries are not involved. Any business with an operating system has an operations department. The supply chain will depend on the type of services or goods offered. For example, an environmental services consultancy firm is not a manufacturing company. However, it has an operations department to oversee the schedule of sampling personnel for monitoring activities. Moreover, supply chain may refer to the business development department, which is primarily concerned of acquiring more clients to give their services. In addition, equipment must also be supplied so monitoring could be possible.

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kupik [55]
4) paring 5) fish 6) utility 7) filet 8) chef 9) turning 10) bread

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5 0
3 years ago
If joe were to introduce himself as dr. early to sell to gensol, knowing that people would assume that he was a medical doctor,
Nostrana [21]
The contracts Joe entered into will not be considered fraudulent. This is because, Joe made no material statement that he is a medical doctor. There are many types of doctor and Joe did not specify the type of doctor he is because of this the contracts he entered into can not be considered fraudulent. 
5 0
3 years ago
Bob sold securities in Year 1. The sales resulted in a capital loss of $7,000. He had no other capital transactions. He and his
ser-zykov [4K]

Answer:

D. $1,500 in Year 1 and $5,500 carry over to Year 2

Explanation:

Base on the scenario been described in the question, Bob and his wife after selling securities in 1 year loss $7,000, but we saw that he was not having another capital, the return him and his wife will fill for one year and carrying over to the next with a $26,000 taxable income is $1,500 in a year and and the remaining $5,500 will be carried to the next two years .

5 0
4 years ago
Computing and Assessing Plant Asset Impairment
AVprozaik [17]

Answer:

a. Depreciation expense = (Cost - Salvage value / Useful life

Depreciation expense = ($225,000 - $25,000) / 10 years

Depreciation expense = $20,000

b. Equipment's net book value = Cost of equipment - Depreciation for 4 years

Equipment's net book value = $225,000 - ($20,000 * 4)

Equipment's net book value = $225,000 - $80,000

Equipment's net book value = $145,000

c. When the sum of undiscounted expected cash flows < Net book value of asset, then the asset is impaired

Here, $125,000 < $145,000. So, the equipment is impaired.

Impairment loss = Net book value of asset - Fair value of asset

Impairment loss = $145,000 - $90,000

Impairment loss = $55,000

8 0
3 years ago
Advanced Company reports the following information for the current year. All beginning inventory amounts equaled $0 this year.
Vesnalui [34]

Answer:

$183,000

Explanation:

Advanced Company

<u>Income Statement for the year -  absorption costing</u>

Sales  ($71 x 21,000 units)     $1,491,000

Less Cost of Sales               ($1,008,000)

Gross Profit                              $483,000

Less Expenses

Operating expenses             ($300,000)

Net Income                              $183,000

where,

Cost of Sales = Units Sold x Product Cost

                      = 21,000 x $48

                      = $1,008,000

Product Cost = all manufacturing costs (absorption costing)

                      = $19 + $21 + $3 + ($175,000 ÷  35,000)

                      = $48

6 0
3 years ago
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