After the accident, the wages earned by Ohio workers will decrease because the marginal productivity of Ohio workers will decrease. Thus the correct answer is A.
<h3>What are wages?</h3>
Wages are referred to as payments received by daily workers. This payment is done on an hourly or daily basis to the blue-collar people who worked in factories or in construction sites.
The release of an electronic pulse in the city will decrease the wages earned by Ohio workers as marginal productivity of workers will decrease due to limited demand and negative impact on employees.
Therefore, option A is appropriate.
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Answer:
Correct option is C.
Relying on warehousing capabilities of third parties to better manage distribution
Explanation:
Insourcing of the warehouse is practical if you want the possibility to go to the warehouse and check inventory, process orders, adjust orders or change deliveries. This makes your delivery more flexible, which may increase customer satisfaction. By insourcing the warehouse, you can also offer your customer that he can pick up his order at the warehouse. In that way the customer gets more delivery options and is able to save shipping costs. An insourced warehouse can also be beneficial, if your product range is constantly changing, because then you do not have to coordinate the changes with an external 3PL player.
Answer:
Inventory turnover ratio= 2.185 times
Day's sales in inventory = 167.05 days
Explanation:
Carla Vista incorporation has a sales of $2,300,000
The gross profit margin is 24%
The inventory is $800,000
The First step is to calculate the cost of goods sold
= Sales-gross profit margin×sales
= 2,300,000-(0.24×2,300,000)
=2,300,000-552,000
=$1,748,000
Therefore the inventory turnover ratio can be calculated as follows
Inventory turnover ratio= 1,748,000/800,000
= 2.185 times
Day's sales in inventory can be calculated as follows
= 365/ inventory turnover ratio
= 365/2.185
= 167.05 days
Answer:
Betty Incorporated
Journal Entries:
June 3:
DR Inventory $7,100
CR Accounts Payable (North Inc.) $7,100
To record the purchase of goods on account with terms 2/10, n/30.
June 5:
DR Accounts Payable (North Inc.) $2,600
CR Inventory $2,600
To record the return of goods on account.
June 6:
DR Inventory $2,500
CR Accounts Payable (South Corp.) $2,500
To record the purchase of goods on account with terms 2/10, n/30.
June 11:
DR Accounts Payable (North Inc.) $4,500
CR Cash Account $4,410
CR Cash Discount $90
To record the payment of balance owed to North Inc.
June 22:
DR Accounts Payable (South Corp.) $2,500
CR Cash Account $2,500
To record the payment of balance owed to South Corp.
Explanation:
The trade terms 2/10, n/30 mean that both North Inc. and South Corp. offered 2% cash discounts on amount paid by Betty Incorporated if it could settle its bills within 10 days. The net allowed credit days are 30 days, after which Betty Incorporated could be charged interest for late payment. It did not utilize the discount offered by South Corp. as it paid its bills after 16 days instead of within 10 days as stated in the trade terms.
I just needed some points to figure things out i don’t do anything else
