This is true about about logistics. It is the process of coordinating the flow of goods, services, and information among all members of the supply chain.
<h3>What is the importance of logistics?</h3>
In the business and the supply world, logistics is very important for the reasons that have been listed below:
- It helps to increase customer satisfaction.
- It helps in the control of a businesses inventory.
- It increases efficiency in the business place.
- It helps to lower rates.
Read more on logistics here: brainly.com/question/23177203
Answer:
1. Apple Stocks Dr. $75,000
Deferred Donation Income Cr. $75,000
2. Apple Stocks Dr. $1,500
Gain on Apple Stocks Cr. $1,500
3. Cash Dr. $ 76,000
Gain/Loss on Apple stocks Dr.$1,500
Apple Stocks Cr.$76,500
Explanation:
1. when stocks are received subject to a condition that we can't recognize donation income. therefore it is recorded as liability. please note that deferred income is called as liability.
2. When value of stocks increase, asset stock of apple also increase by differential amount.
3. when asset is sold, the loss is recognized and assets are knocked off from books and cash asset is recorded.
Some producers are forced to sell their products at the prevailing market price because of (C) a high degree of similarity to competitor's products.
<h3>
What is the prevailing market price?</h3>
- Prevailing Market Price refers to the market's published wholesale price and, in the absence of a declared wholesale price, the prevailing market price of any commodities.
- The term "prevailing market conditions" refers to the average amount of rent paid by operators of similar sized and placed lodges throughout the country, as determined in good faith by the national protected area authority.
- Because of their great degree of similarity to competitors' products, some producers are forced to offer their items at the prevailing market price.
- The average wage paid to similarly employed workers in a certain occupation in the area of anticipated employment is described as the prevailing wage rate.
Therefore, some producers are forced to sell their products at the prevailing market price because of (C) a high degree of similarity to competitors' products.
Know more about market prices here:
brainly.com/question/24877850
#SPJ4
The complete question is given below:
Why are some producers forced to sell their products at the prevailing market price?
A. price takers find market analysis is too costly
B. they are very small players in the overall market
C. high degree of similarity to competitor's products
D. they can increase output without affecting the quality
Answer:
With respect to this lease, for 2018 Ogleby should record interest expense of $57,058 and depreciation expense of $107,225. The right answer is c
Explanation:
According to the given data we have the following:
PV of lease=$750,578
Annual payment=$180,000
Rate of interesr=10%
The interest expense would be calculated as follows:
Interest expense = ( PV of lease - Annual payment ) * Rate of interest
Interest expense = ( $750,578 - $180,000 ) * 10%
Interest expense = $57,058
Therefore, With respect to this lease, for 2018 Ogleby should record interest expense of $57,058 and depreciation expense of $107,225.
It should be noted that the demand for orange will be elastic because when there's a change in price, there'll be a larger change in quantity demanded.
It should be noted that an elastic demand simply means a situation whereby a change in the price of a good lead to a larger change in the quantity demanded.
In this case, the demand for orange will be elastic because when there's a change in price, there'll be a larger change in quantity demanded. For example, an increase in price will make the customers buy other fruits.
Learn more about demand on:
brainly.com/question/25585026
