Answer:
You are part of the internal segment of the supply chain, and the metal company is part of the upstream supply chain.
The internal supply chain relates to processes within the company, and the upstream supply chain refers to the supply of raw materials and other input to be made into output in the company.
If a car-building company in Texas imports steel from Wisconsin, then, the providers in Wisconsin are the upstream supply chain.
Answer:
Cash paid will be equal to $311000
Explanation:
We have given cost of goods sold = $300000
Increase in inventory = $5000
Decrease in account payable = $6000
We have to find the amount of cash paid to the suppliers.
Amount of cash paid to the suppliers will be equal to
Cash paid = amount of goods sold + increase in inventory + decrease in account payable.
= $300000+$5000+$6000 = $311000
So cash paid will be equal to $311000
The trial balance would disagree. It seems that the cash should be credited instead as the situation seems to me that the cash is being expended to pay for the equipment, and the remaining 3500 is liabilities. Therefore, the error should be corrected.
<!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}--><span>The unwritten body of universal moral principles that underlie the ethical and legal norms by which human conduct is sometimes evaluated and governed. Natural law is often contrasted with positive law, which consists of the written rules and regulations enacted by the government. Philosophers of natural law are known as naturalists.
Naturalists believe natural law principles are part of nature and exist in their own right, independent of human systems. Naturalists believe governments need to involve natural law principles into their systems.</span>
Answer:
$560,000
Explanation:
We can only amortize the $1,400,000 that the company spent after technological feasibility was reached. Research and development costs prior to June 30th must be treated as expenses.
Since the software s expected to generate $10 million during its lifetime, we can amortize 1/10th of the software development cost for each million sold:
($1,400,000 / 10) x 4 = $560,000
