Answer:
C) Goods-producing firms focus on the flow of people, information, and services.
Explanation:
Goods-producing firms not necessarily needs to focus on the flow of people, information, and services, what is true is that firms use physical inventory because it's necessary to have available products to sale.
The facilities must be located close to raw material, suppliers, and labores if not the company will see the cost of sale increased by logistic costs.
Also it's important to have employees with strong technical and production skills so the company can get well products at the production line.
Answer:
A credit to Deferred subscription revenue for $15,000
Explanation:
Answer:
The correct answer is: Cost of goods sold=$844000
Explanation:
The cost of goods sold refers to the direct costs attributable to the production of the goods sold in a company. This amount includes the cost of the materials used in creating the goods along with the direct labor costs used to produce the goods. It excludes indirect expenses, such as distribution costs and sales force costs.
COGS=Beginning Inventory+Production during period−Ending Inventory
Cost of goods manufactured= production during the period
COGS= 332000+866000-354000=$844000
Answer:
The correct answer is E. Initial public offering.
Explanation:
An Initial Public Offering (IPO) is an equity offering where a <u>private company</u> or '<u>issuer</u>' decides to <em>go public for the first time</em>. This is a big step for companies to raise capital through public investors, get access to better and more credit and further grow a company. To go through with an IPO, a company must meet the requirements of the Securities and Exchange Comission (SEC).
The process is made with the help of one or more <u>investment banks</u> that act as <u>underwriters</u>. Underwriters take care of the offering from the beginning to the end of the IPO by preparing documentation, providing proposals on selling price, amount of shares & timeframe for the market offering, marketing campaigns and going through the issuing process.