1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Alla [95]
3 years ago
13

Anstead Co. is experiencing a decrease in sales and operating income for the fiscal year ending October 31, 2014. Ryan Frazier,

controller of Anstead Co., has suggested that all orders received before the end of the fiscal year be shipped by midnight, October 31, 2014, even if the shipping department must work overtime. Since Anstead Co. ships all merchandise FOB shipping point, it would record all such shipments as sales for the year ending October 31, 2014, thereby offsetting some of the decreases in sales and operating income.
Required:
Discuss whether Ryan Frazier is behaving in a professional manner.
Business
1 answer:
Sergeu [11.5K]3 years ago
6 0

Answer:

Yes, Ryan Frazier is behaving in a professional manner.

Explanation:

Yes, Ryan Frazier is behaving in a ethical and professional manner because the company is following FOB point method when shipping goods it customers due to the fact that Ryan Frazier, controller of Anstead Co., has suggested that all orders received before the end of the fiscal year be shipped by midnight as the company follows merchandise FOB shipping points the company should go ahead and record the sales in the current year Octocber 31st due to the fact that FOB shipping point means that the buyer pays all cost incurred for the delivery of the goods once the goods has left the suppliers warehouse which makes the buyer to becomes the owner of the goods in transit when the goods are been shipped by the seller.

You might be interested in
A pair of shoes is on sale for 25% off of the reguler price . what is the decimal for the amount of the reduction
Tanzania [10]

It is going to be .25 percent

5 0
3 years ago
Global Blenders sells goods and services that other companies offer but does not provide any organization with the input resourc
Vaselesa [24]

Global Blenders sells goods and services that other companies offer but does not provide any organization with the input resources needed to produce goods and services. Based on this information, we can thus say that Global Blenders is a Distributor not a supplier.

<h3><u>Explanation:</u></h3>

There are three important terms associated with the supply chain management. They are distributors, suppliers and wholesalers. Distributors are those who are directly related with the manufacturers and they represent the manufacturers in some way. Distributors have buying agreements that includes only certain number of members and also they usually cover certain specific areas.

Suppliers are those who provide goods and services to the wholesalers, retailers and also to the distributors. They usually have a very close relation with the distributors and provide them the goods and services they need.Global Blenders sells goods and services but they are not responsible for providing resources for the purpose of producing goods and services. Thus, Global Blenders is a Distributor not a supplier.

5 0
3 years ago
Read 2 more answers
Department S had 600 units 74% completed in process at the beginning of the period, 8,800 units completed during the period, and
Liono4ka [1.6K]

Answer:

20%

Explanation:

8 0
3 years ago
Our last four periods had sales, from oldest to most recent, of 100, 200, 130, and 300. what is the three-period ma
masya89 [10]
<span>Sales during the last four periods are in the order from older to recent as 100, 200, 130, and 300. Moving average is a successive average calculated from the successive segments. So the third month moving average MA3 = (200 + 130 + 300) / 3 = 630 / 3 = 210 So the answer is 210.</span>
6 0
3 years ago
How is the principle of open opportunity different from guaranteeing success to everyone in the marketplace?
sesenic [268]
The principle of open opportunity in the marketplace means that anyone who wants to put up a business is welcome to do so. However, the success of his business rests entirely on how well it is received in the market.

Guaranteeing success to everyone in the marketplace is impossible. Competition is always present. Demand and supply can be affected by factors beyond human control.
7 0
2 years ago
Other questions:
  • Which report shows which pages on your site get the most traffic and highest engagement?
    13·1 answer
  • If 30,000 after-tax dollars are invested at 7% in a single-premium tax-deffered annuity, how many after-tax dollars will be accu
    6·1 answer
  • PLEASE HELP!!!!!!!!!!!!!!!!!!!!!!!!! I NEED HELP ASAP!!!!!!!
    10·1 answer
  • An organic farmer has identified three distinct groups that might be interested in his products: vegetarians, health-conscious i
    8·1 answer
  • Motorcycle Manufacturers, Inc. projected sales of 58,900 machines for the year. The estimated January 1 inventory is 6,090 units
    15·1 answer
  • Michael earns $3,950 every month after taxes and deductions for social security and insurance. He puts $900 a month into savings
    10·1 answer
  • Julie evaluated her spending and found that she was spending about $75 more per month on transportation than she has bodgeted Sh
    11·1 answer
  • What is a work bench​
    9·2 answers
  • A policy is a specific action to be taken or not to be taken with respect to situation.
    7·2 answers
  • To evaluate _____, a systems analyst needs information about projected future volume for all outputs, inputs, and processes.
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!