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4 years ago

Define what a "transactional" relationship is, and discuss how this occurs in logistics.

1 answer:

4 0

Transaction relationship in logistics means that both vendor and client only have an arm's length relationship wherein both only deal with each other in a business setting.

Both sides do not cultivate a more personal relationship with each other. Instead, both are only concerned with the fulfillment of the client's demand on the vendor's supply.

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Before Cheyenne Corporation engages in the following treasury stock transactions, its general ledger reflects, among others, the

strojnjashka [21]

Answer:

a) Bought 400 shares of treasury stock at $40 per share:

Dr Treasury stock 16,000

Cr Cash 16,000

( to record the repurchased of 400 shares at $40 each)

b) Bought 290 shares of treasury stock at $45 per share:

Dr Treasury stock 13,050

Cr Cash 13,050

( to record the repurchased of 290 shares at $45 each)

c) Sold 370 shares of treasury stock at $42 per share:

Dr Cash 15,540

Cr Common stock 14,800

Cr Paid-in capital - common stock 740

( to record the sell of 370 shares repurchased at selling price of $42)

d) Sold 110 shares of treasury stock at $38 per share:

Dr Cash 4,180

Dr Paid-in capital - common stock 620

Cr Common stock 4,800

( to record the sell of 110 shares repurchased at selling price of $38)

Explanation:

Following repurchased of 400 shares at $40 each, cash account goes down (Cr) by 40 x 400 = $16,000; Treasury account will go up (Dr) by the same amount.

Following repurchased of 290 shares at $45 each, cash account goes down (Cr) by 290 * 45 = $13,050; Treasury account will go up (Dr) by the same amount.

As FIFO apply, the selling of 370 repurchased stock will make the Common stock account goes up (Cr) by 40 x 370 = 14,800; Cash account goes up (Dr) by 370 x 42 = $15,540; the difference of 740 will go into (Cr) Paid-in capital - common stock.

As FIFO apply, the selling of 110 repurchased stock will make the Common stock account goes up (Cr) by 30 x 40 + (110-30) * 45 = $4,800; Cash account goes up (Dr) by 110 x 38 = $4,180; the difference of 620 will go into (Dr) Paid-in capital - common stock.

7 0

3 years ago

Francis has the standard plan offered by his employer and is making an office visit to an in network Dr. to treat flu like sympt

Vinvika [58]

Explanation:

with insurance from the emploryer the shot should atleast cost 30 of hand and the rest would be paid of 70 %

6 0

4 years ago

5. Cruzville economists have been using 2013 as their base year to calculate inflation. a) What is the CPI during the base year

4vir4ik [10]

Based on the base year used by Cruzville economists to calculate inflation, the following at the CPIs:

2013 = 100
2014 = 112
2015 = 130

<h3>What is the CPI over the years?</h3>

As 2013 is the base year, the CPI will be 100 because all base years are 100 for CPI purposes.

The CPI in 2014 is:

= 112

This is due to an inflation rate of 12%.

An inflation rate of 16.1% is the reason why the CPI in 2015 is 130.

Find out more on CPI at brainly.com/question/1889164.

#SPJ1

5 0

2 years ago

In September 2019, the budget committee of Jason Company assembles the following data: 1. Expected Sales October $1,800,000 Nove

Sliva [168]

Answer:

$1,068,000

Explanation:

JASON COMPANY

Budgeted Income StatementFor the Month Ended October 31, 2019

Sales $1,800,000

Cost of goods sold

Inventory, October 1 $216,000

Purchases $1,068,000

Cost of goods available for sale $1,284,000

($1,068,000+$216,000)

Less: Inventory, October 31 $204,000

Cost of goods sold $1,080,000

($1,284,000-$204,000)

Gross profit $720,000

($1,800,000-$1,080,000)

Supporting Computations:

Budgeted cost of goods sold $1,080,000

Desired ending merchandise inventory 204,000

Total $1,284,000

Less: Beginning merchandise inventory ,($216,000)

Budgeted merchandise purchases$1,068,000

October

$1,800,000 × 60% = $1,080,000.

($1,700,000 × 60%) × 20% = $204,000.

$1,080,000 × 20% = $216,000.

6 0

3 years ago

Dove, Inc., had additions to retained earnings for the year just ended of $630,000. The firm paid out $105,000 in cash dividends

Andreas93 [3]

Answer:

(A) Earnings per share = $1.19 per share, Dividends per share = $0.17 per share, and book value per share is $11.69 per share

(B) Market-to-book ratio = 2.52 times, and the price-earnings ratio is 24.79 times

(C) Price-sales ratio is 1.73 times

Explanation:

(A) Earning per share = (Net income) ÷ (Number of shares)

where,

Net income = Retained earnings + dividend paid

= $630,000 + $105,000

= $735,000

And, the number of shares are 620,000 shares

Now put these values to the above formula

So, the value would equal to

= ($735,000) ÷ (620,000 shares)

= $1.19 per share

Dividend per share = (Total dividend) ÷ (number of shares)

= ($105,000) ÷ (620,000 shares)

= $0.17 per share

Book value per share = (Total equity) ÷ (number of shares)

= $7,250,000 ÷ (620,000 shares)

= $11.69 per share

(B) Market to book ratio = (Market price per share) ÷ (book value per share)

= $29.50 ÷ $11.69

= 2.52 times

Price-earnings ratio = (Market price per share) ÷ (Earning per share)

= $29.50 ÷ $1.19

= 24.79 times

(C) Price sales ratio = (Market price per share) ÷ (Total sales per share)

where,

Total sales per share = (total sales) ÷ (Number of shares)

= (10,550,000) ÷ (620,000 shares)

= $17.01 per share

So, the price sales ratio = $29.50 ÷ $17.01

= 1.73 times

6 0

3 years ago