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Paha777 [63]
4 years ago
7

A manufacturer's branch office Multiple Choice carries a producer's inventory and performs the functions of a full-service whole

saler. performs a sales function as an option to agents and brokers. works for several producers and carries noncompetitive, complementary merchandise in an exclusive territory. takes title to merchandise but sells only to buyers that call on them, pay cash for merchandise, and furnish their own transportation for the merchandise. brings buyers and sellers together to make sales.
Business
1 answer:
zimovet [89]4 years ago
8 0

Answer:

A. carries a producer's inventory and performs the functions of a full-service wholesaler

Explanation:

The answer to the question is quite clear. The question is about a manufacturer's branch office. The intent is clear, the branch office in question belongs to a particular manufacturer.

A manufacturer's branch office is typically owned and operated by the manufacturer in a location that is physically different from the manufacturing prlant and the main purpose of this branch office is for the wholesale distribution of manufactured product.

Three Different Types of Wholesalers

1. Merchant Wholesalers - These are primarily into wholesale businesses for different manufacting groups per time. They take products in large quantities from manufacturers and resell to industries, retailers and even smaller wholesalers in smaller quantities.

2. Agents, brokers and commission merchants: They are active middlemen who do not take title of goods like merchant wholesalers but are involved in negotiating on behalf of their manufacturing clients. They are most paid on commission basis based on what business they bring in.

3. Manufacturers' sales branches and offices: The Manufacturer's branch office falls under this category and they are specific wholesale outlets run by the manufacturers themselves to sell their own products.

Considering other Choices in the Question

  • Performs a sales function as an option to agents and broker- This is the description of wholesalers type two as described above
  • works for several producers and carries noncompetitive, complementary merchandise in an exclusive territory - This is the description of Merchant Wholesalers
  • takes title to merchandise but sells only to buyers that call on them, pay cash for merchandise, and furnish their own transportation for the merchandise- This is also the description of Merchant Wholesalers
  • brings buyers and sellers together to make sales- This is the description of Agents, brokers and commission merchants.

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Pina Colada Corp. issued 22000 shares of $1 par common stock for $40 per share during 2022. The company paid dividends of $53000
snow_tiger [21]

Answer:

Net cash flows from financing activities $1,311,000.

Explanation:

The computation of the amount that would be reported on the financing activities of the cash flow statement is as follows:

Issue of common stock(22,000 shares × $40) $880,000

Less: payment of dividend ($53,000)

Add: Issue of the long term note payable $484,000

Net cash flows from financing activities $1,311,000.

7 0
3 years ago
Which of the following indicators is not considered when determining whether performance obligations are satisfied at a point in
otez555 [7]

Answer:

The correct answer is letter "B": The customer is likely to reject delivery of the asset.

Explanation:

In the corporate world, contract performance obligations are those established by two parties one to manufacture or render and deliver goods or services and the other to receive them. That contract can be signed in front of sales, resales, granting rights or constructing or developing an asset.

<em>Facts such as the right to payment for the goods, the client's risk of ownership of the title and the goods themselves can determine if the performance obligations are met or not but the possibility that represents the customer could reject the delivery of the product will not.</em>

4 0
4 years ago
Suppose you enter into a 9-month long forward contract on a non-dividend-paying stock when the stock price is S0 = $125 and the
Vladimir79 [104]

Answer:

<u>Future Price</u>

F0: 126.89

F3: 113.13

F4: 113.41

<u>Value of the contract:</u>

a) zero (by definition)

b) -13

c) -13

Explanation:

<em>forward price:</em>

F = S (1+r)^{n}

being S the spot rate

time 9 months and

rate 2% <u>continuous componding</u>

As the rate is continuous we calculate using the e number instead:

F = S e^{rn} +cost

F = 125 e^{0.02 \times 9/12}

F = 125 x 1.015113065

F = 126.8891331 = 126.89

<u>3th month into the contract:</u>

F = 112 e^{0.02 \times 6/12}

F = 113.1256187 = 113.13

<u>4th month</u>

F = 112 e^{0.025 \times 5/12}

F = 113.4087866 = 113.41

<u>value of the contract</u>

at third month:

Vt = St - F0

Vt = 112 - 125 = -13

at fourth month

Vt = 112 - 125 = -13

3 0
4 years ago
Tenpenny Tower was built in 1985. However, the building has been constantly maintained and remodeled. In valuation terms, the bu
sattari [20]

Answer: effective age, chronological age

Explanation:

Effective age is the estimate of the age of a particular structure which is typically based on the condition and the utility of such structure.

Chronological age has to do with the amount of time from the day the building was constructed to the present age.

6 0
3 years ago
How can career readiness and competence help my career​
USPshnik [31]

It can give you some insight into your career which can make you more marketable. they can also give you a leg up on the competition and also the ability to negotiate for a higher salary

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