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
yulyashka [42]
3 years ago
8

What management function is production manager Cedric Stein using when he orders aluminum component parts (bumpers, drive trains

, etc.) to be used in the production of Audi cars in Audi's Neckarsulm plant
Business
1 answer:
N76 [4]3 years ago
5 0

Answer:

Purchasing

Explanation:

In the purchasing function, the company purchased the products and services from the manufacturer at a lesser cost and then sell the goods at higher prices in order to earn the profit.

When someone purchases, when the price is less and quality is best as compared with the competitors dealing in the same industry

Therefore in the  given case, Cedric Stein orders aluminum component parts that are used in the Audi card production so here the purchasing function is used

You might be interested in
Zapper has beginning equity of $293,000, net income of $69,000, dividends of $58,000 and stockholder investments of $24,000. Its
Yuki888 [10]

Answer:

$328,000

Explanation:

As we all know that:

Ending Equity = Opening Equity + Share Issues + Net Income – Net Loss – Dividends Paid

Here,

Opening Equity is $293,000

Money raised through Shares Issuance was $24,000

Net Income would be $69,000

Dividends paid were $58,000

There were no losses as their is Profit for the year (Net Income).

By putting values, we have:

Ending Equity = $293,000  +  $24,000   +  $69,000   -  $58,000

= $328,000

8 0
3 years ago
Mustang Corporation had 100,000 shares of $2 par value common stock outstanding. On December 31, 2018, the company's board of di
dezoksy [38]

Answer:

The following entry is made on the declaration date:    

Retained Earnings ( 20,000 x $10)  $200,000  Debit  

Common Stock Dividend Distributable  $40,000  Credit  

Paid in Capital in Excess of Par  $160,000  Credit  

At the moment of been distributed the additional shares to the stockholders the company register the following entry:    

Common Stock Dividend Distributable  $40.000  Debit  

Common Stock   $40.000  Credit  

Explanation:

When the company declares a stock dividend it does not involve cash, it means that each stockholder will get an additional percentage of shares.    

As the total value of stock it's the same, then the value per share decrease related to the price before the stock dividend because there are more shares outstanding.  

On December 31, 2018, the company's board of directors declares a 20 percent stock dividend.    

As the total shares outstanding are 100,000 , the stock dividend will be 20,000 more shares.  

The following entry is made on the declaration date:    

Retained Earnings ( 20,000 x $10)  $200.000  Debit  

Common Stock Dividend Distributable  $40.000  Credit  

Paid in Capital in Excess of Par  $160.000  Credit  

 

At the moment of been distributed the additional shares to the stockholders the company register the following entry:    

Common Stock Dividend Distributable  $40.000  Debit  

Common Stock   $40.000  Credit  

5 0
3 years ago
Read 2 more answers
Pick a product of your choice and to trace the channel(s) of distribution for that product as far back as is feasibly possible.
Sergeu [11.5K]
It will the participants candidates
5 0
3 years ago
When a manager develops a cost of capital for a specific project based on the cost of capital for another firm that has a simila
Aneli [31]

Answer: Pure play

Explanation:

A pure play method in finance is an approach that is used to estimate and determine the cost of equity capital of a private company which involves looking at the beta coefficient of other single focused and public companies.

Pure-play companies are the companies that are involved in a single line of business.

5 0
3 years ago
You are a rookie on traffic patrol. You watch as a young black man drives past you in a new silver Porsche. You estimate the car
dezoksy [38]

Answer:

Please see attachment.

Explanation:

Please see attachment.

Download pdf
5 0
3 years ago
Other questions:
  • Which of the following is not a valid FICO credit score? A.575 B.775 C.875 D.675
    13·2 answers
  • Which type of workplace culture emphasizes accomplishing goals?
    10·2 answers
  • River Enterprises has ​$505 million in debt and 22 million shares of equity outstanding. Its excess cash reserves are $14 millio
    15·1 answer
  • By providing training in the responsible service of alcoholic beverages to servers and bartenders a business owner will A. Serve
    14·1 answer
  • As the president of a local trade company, Kristin is faced with leadership, ethical, and operational decisions on a daily basis
    5·1 answer
  • Ivanhoe Company purchased a new machine on October 1, 2017, at a cost of $77,980. The company estimated that the machine has a s
    6·1 answer
  • Rafi, a director of Super Service Station Corporation, does not attend a board meeting for three years. During that time, Twyla,
    7·1 answer
  • An externality arises when a firm or person engages in an activity that affects the wellbeing of a third party, yet neither pays
    10·1 answer
  • Keating Co. is considering disposing of equipment with a cost of $63,000 and accumulated depreciation of $44,100. Keating Co. ca
    8·1 answer
  • Naumann Corporation produces and sells a single product. Data concerning that product appear below: Per Unit Percent of Sales Se
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!