<span>Distributing products to retailers on an as needed basis as described in the video is an example of a(n) <u>JIT or Just-In-Time system. </u>
JIT System is one of the many inventory strategies that companies use. It essentially increases the efficiency of the company to produce goods and it decreases wastage of goods because they only come when they are needed during the process of production. As this continuously happens, inventory costs decrease and the company becomes more productive and efficient</span>
Answer:
The branch of the US government that has the power to "lay and collect taxes" is:
the Congress, according to Article I, Section 8.
Explanation:
The Congress is made up of the people's elected representatives. As such, people's consent and approval are always sought and given through the Congress for the laying and collection of taxes. The IRS is a creation of Congress. Congress empowers it to collect taxes. Even when the Executive branch proposes tax changes, they are subject to the approval of the Congress.
Answer:
Total Assets = Total Liabilities and Stockholder's Equity = $20,200
Explanation:
An unclassified balance sheet is a type of balance sheet that does not present assets and liabilities under different categories. It only presents all assets in order of liquidity and liabilities in order of the shortness of their terms.
This can be prepared for this question as follows:
Darell Hair Stylists
Unclassifed Balance Sheet
At December 31, 2018
<u>Particulars Amount ($) </u>
Cash 1,000
Accounts Receivable 900
Office Supplies 600
Equipment 19,700
Accumulated Dep. - Equipment <u> (2,000) </u>
Total Assets <u> 20,200 </u>
Accounts Payable 900
Interest Payable 550
Notes Payable 3,400
Common Stock 10,650
Retained Earnings, Dec. 31, 2018 <u> 4,700 </u>
Total Liabilities and Stockholder's Equity <u> 20,200 </u>
Since Total Assets and Total Liabilities and Stockholder's Equity as it is normally required, that indicates that the unclasified balance sheet has been prepared accurately.
Answer:
a. Lisa's realized and recognized gain or loss is unknown
b. Alfred's recognized gain of $71,340 if he subsequently sells the property for $261,580
Alfred's recognized loss of $35,670 if he subsequently sells the property for $154,570
Explanation:
a. We do not know the amount Lisa costed to buy this business property, thus can't define her gain or loss.
b. Alfred cost $190,240 to buy this property, the he will gain if sell higher or lost if sell lower.
The gain $71,2340 = selling price $261,580 - cost $190,240
The loss $35,670 = selling price $154,570 - cost $190,240
Answer:
"Definitely increase" is the correct approach.
Explanation:
- As fuel demand rises, consumption exceeds the amount, as manufacturers are unable to cope with either the surge in demand whenever the profit margin is still rising.
- We could perhaps state precisely that consumption overtakes the output of petrol or the curve of availability to that same right as well as would therefore be at that same greater degree.
Thus the above is the correct answer.
