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Mariana [72]
3 years ago
8

What are the factors that a business must consider in choosing a method of transporting goods?

Business
1 answer:
tankabanditka [31]3 years ago
7 0
Before a business selects the process of transporting their goods, they need to consider some important steps in the transportation process. How long will the items take to reach their destination? How soon would the supplier need the product once they are produced? Which option would be the quickest? Safest? Businesses should also consider the self-life of their product. Is the item perishable? What is the weight of the item/s being transported?
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What is the main purpose of the FDIC?
viva [34]

Answer:

To insure bank deposits.

Explanation:

After the great depression the FDIC was created to insurance bank deposits and to give  stability and security to the financial system

4 0
3 years ago
Read 2 more answers
The following information relates to Payleast Shoes Company. Assuming the company uses the periodic inventory system, solve for
rosijanka [135]

Answer:

A.$75,000

B.$60,000

C.$30,000

D.33%

E.$15,000

F.$3,500

G.$18,000

H.$34,500

I.31%

J.$18,000

K.$116,300

L.$90,300

M.31%

Explanation:

Payleast Shoes Company

2020

1.Net sales = $90,000

2.

Beginning Inventory = $12,000

Add Purchase (Gross) = $70,000

Less Returns/Allowance = $6,000

Less Purchase discounts = $4,000

Add Freight-in = $3,000

Cost of goods available for sale = $75,000

Less End inventory = $15,000

Cost of Sales = $60,000

3. Gross profit = $30,000

4. Gross Profit % = 33%

2021

1.Net sales = $110,000

2.

Beginning Inventory = $15,000

Add Purchase (Gross) = $82,500

Less Returns/Allowance = $5,000

Less Purchase discounts = $2,500

Add Freight-in = $3,500

Cost of goods available for sale = $93,500

Less End inventory = $18,000

Cost of Sales = $75,500

3. Gross profit = $34,500

4. Gross Profit % = 31%

2022

1.Net sales = $130,000

2.

Beginning Inventory = $18,000

Add Purchase (Gross) = $99,000

Less Returns/Allowance = $8,800

Less Purchase discounts = $1,900

Add Freight-in = $10,000

Cost of goods available for sale = $116,300

Less End inventory = $26,000

Cost of Sales = $90,300

3. Gross profit = $39,700

4. Gross Profit % = 31%

4 0
3 years ago
Consider the U.S. market for loanable funds in a closed-economy model. Answer the following questions about each scenario.The go
kompoz [17]

Answer:

supply of loanable funds to the left; increase and decrease respectively.

Explanation:

The increase in the capital gains tax will reduce, the savings as it axes earnings on assets in the stock market. This reduction in savings will cause the supply of loanable funds to decrease.  

This will further cause the supply curve for loanable funds to shift to the left. This leftward shift in the loanable fund's supply curve will cause the interest rate to increase and the equilibrium quantity of loanable funds to decrease.

6 0
3 years ago
Windsor, Inc. uses a periodic inventory system. Details for the inventory account for the month of January 2022 are as follows:
FinnZ [79.3K]

Windsor's gross profit for the month is:C. $1520.

<h3>Gross profit</h3>

First step

January purchase:

Purchase= 130 - (210 - 130)

Purchase=130-80

Purchase= 50 units

Sales revenue= (260 + 50) x 9

Sales revenue=310×9

Sales revenue= $2,790

Second step

Cost= (260 x 4) + (50 x 4.60)

Cost=1,040+230

Cost= $1,270

Third step

Gross profit:

Gross profit= 2,790 - 1,270

Gross profit= $1,520

Therefore the correct option is C.

Learn more about gross profit here:brainly.com/question/942181

#SPJ1

4 0
1 year ago
In response to a change in the price of good X from $10 to $6, the quantity demanded of good X increases from 100 to 150 units.
andreev551 [17]

Answer:

- 0.80

Explanation:

Price elasticity of demand describes the extent to which the quantity demanded of good X changes as result of a change in its own price.

The midpoint formula for price elasticity of demand is presented and used as follows:

Percentage change in quantity = %ΔQ = [Q2 - Q1] / [(Q2 + Q1) ÷ 2] × 100

Percentage change in quantity = %ΔP = [P2 - P1] / [(P2 + P1) ÷ 2] × 100

Midpoint price elasticity of demand = %ΔQ / %ΔP

Where:

Q2 = New quantity of good X = 150

Q1 = Initial quantity of good X = 100

P2 = New price of good X = $6

P1 = Initial price of good X = $10

Therefore,

Percentage change in quantity = %ΔQ = [150 - 100] / [(150 + 100) ÷ 2] × 100

                                                                = [50/(250 ÷ 2)] × 100

                                                                 = (50/125) × 100

                                                                 = 40.00%

Percentage change in quantity = %ΔP = [$6 - $10] / [($6 + $10) ÷ 2] × 100

                                                                = [-$4/($16 ÷ $2)] × 100

                                                                 = (-$4/$8) × 100

                                                                 = - 50.00%

Price elasticity of demand = 40% / 50% = - 0.80

The elasticity of demand of -0.80 less than 1. That indicate that the quantity demand is inelastic. That is the change in the degree of change in the quantity demanded of good X is lower than the degree of change in its price.

3 0
3 years ago
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