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Nesterboy [21]
3 years ago
5

Cycle counting A. involves shutting down production once per year to perform the annual inventory count. B. is a process by whic

h inventory records are verified. C. increases annual inventory adjustments. D. cannot be performed in an independent demand situation.
Business
1 answer:
kvasek [131]3 years ago
5 0

Answer:

Correct option is (B)

Explanation:

Cycle counting is the process by which a part of whole inventory, can be called sample, is verified to estimate the entire inventory. Whole inventory is not verified in cycle counting. It is believed that an error observed in the sample would be present in the whole inventory.

So cycle counting helps in verifying inventory records to check its accuracy.

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Identify the type of communication illustrated in the quotation.
snow_lady [41]
The type of communication illustrated is A) intrapersonal
3 0
3 years ago
A BBB-rated, $1000 face value, corporate bond has a yield to maturity of 8.2%. A U.S. Treasury security has a yield to maturity
Shalnov [3]

Answer:

Price of treasury bond in terms of percentage of face value is 102.106%

Explanation:

Given:

Face value (FV) = $1000

Coupon rate = 7% or 3.5% semi-annually

Coupon payment  (PMT) = 1000×0.035 = $35

YTM (rate) = 6.5% or 3.25% semi-annually

Maturity period (nper) = 5×2 = 10 periods

Using PV function to calculate price of treasury bond:

=PV(rate,nper,pmt,FV)

Price of bond is $1021.06 (it is negative as it is a cash outflow)

Price of bond in terms of percentage of face value = \frac{1021.06}{1000} \times100

=102.106%

5 0
4 years ago
Kitchen magazine plans to license the use of its name by a line of cookware. For a magazine, licensing the use of its name for p
babunello [35]

Answer: Option C

Explanation:  

A. In the above case the statement stating superiority of cookware is stated by the experts themselves thus it cannot be considered an assumption.

B. The above case clearly states that the magazine generates revenues from advertising thus it is not an assumption made, actually its a fact stated in the case that magazine will do so.

C. Nothing has been stats about the perspective of the cookware company as they might find the magazine unsuitable as there would be commercials for their competitors. Thus, we can say that it is an assumption.  

5 0
3 years ago
As a Social Media Advertising Specialist your client invests $11,927 on a budget of $12,500. You can directly attribute $18,177.
Rufina [12.5K]

Answer:

Combien le coût du ciseaux dans la caractéristique de l’art en Chine salut, je ne sais pas quoi dire sur l’importance de la parentalité responsable 4, mais je ne sais pas quoi dire sur l’importance de la parentalité responsable 4, mais je ne sais pas quoi dire sur l’importance de la parentalité responsable

5 0
3 years ago
The financial statements of Simon Co. include the following items (amounts in thousands): Income Statement For the Year Ended De
vovangra [49]

Answer:

(a) Net cash flow provided by operations for Simon Co. for the year ended December 31, 2020 is $1,580.

(b) The correct answer is Option A.

Explanation:

(a) Preparation of statement of cash flows extract

Simon Co.

Statement of Cash Flows (extract) for the Year Ended December 31, 2020

Net income                                                                 $840

Add: Depreciation and amortization expense           640

        Decrease in Accounts receivable                        90

        Increase in Income taxes payable                       70

Less: Increase in Inventory                                           40

         Decrease in Accounts payable                           20

Net cash flows from operating activities            $1,580

(b) The difference is mainly from timing and recognition. The cash flows from operations is a valuable tool used by investors to evaluate a company's financial strength. This section of the cash flows is regarded as the <em>cash version of net income </em>as non-cash items are added back to net income and it also considers changes in working capital, including current assets and current liabilities.

6 0
3 years ago
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