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3 years ago

1. What is a supply chain? How can managerial accountants help to improve the supply chain?

1 answer:

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Answer: 1a. A supply chain is the summation of processes involved in ensuring that goods manufactured by a company gets to the final consumer.

Explanation:

1b. Managerial Accountants can improve the supply chain by looking out for hitches in the distribution cycle of goods and being proactive about handling them. Some measures to achieve these are;

1. Effective Logistics Network - All the resources used on logistics such as vehicles, Information technology devices/software, human resources, etc., should be regularly checked to be in good form at all times and equally, efficient.

2. Stock Control - Goods that may be required by costumers at any point in time should always be available.

3. Efficient Payment System - All resources used for payment including bank account information point of sale machines, should be regularly checked to be in good order.

4. Distribution Strategies - A clear cut map should be put in place by the management to facilitate an efficient and prompt delivery system. This can be done by strengthening all departments involved in distribution.

2. Sustainable Practices are those methods of production or initiatives, adopted by companies that seek to limit damage to the environment. An example, is recycling. These practices are geared at ensuring a safer world.

I would invest in a company that discloses their sustainable practices, first, because I believe they are transparent, and secondly because I believe that such companies aim at being enduring companies which are evolving and living up to the demands of a cleaner earth.

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Assume for the United States that the opportunity cost of each airplane is 50 cars. Which of these pairs of points could be on t

katrin [286]

Answer:

Explanation:

Opportunity cost refers to the benefit of something forgone in choosing an alternative.

the opportunity cost of 50 cars equals one airplane

the pairs of points that could be on the United States; production possibilities frontier is 200 airplanes , 12500 cars and 150 airplanes, 15 000 cars.

since 50 airplanes reduction = 50 × 50 cars increment = 2500 cars

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3 years ago

Read 2 more answers

on september 30 world co. borrowed $1,000,000 on a 9% note payable. World paid the first of four quarterly payments of $264,200

goldenfox [79]

Answer: The appropriate entry for the note payable as at 31 December is $758,300.

Explanation: The interest expense on the note is calculated as: $1,000,000 *9/12 *3/12 months = $22,500. The amount paid for the first of the quarterly payment was $264,200. Therefore, note principal repayment can be derived by subtracting the interes accrued from the actual payment, that is, $264,200 minus $22,500 = $241,700. To get the principal note balance, you would subtract $241,700 from $1,000,000, leaving a balance of $758,300.

The appropriate adjusting entries would be:

On 30 September: Debit Cash $1,000,000, Credit Note payable (current liabilities) $1,000,000

Monthly interest accrual: Dr Interest expense $7,500 Credit Interest payable $7,500

On first payment of the quarter, the entity would raise these entries: Dr Interes payable $22,500, Dr note payable (current liabilities) $241,700 Credit Cash $264,200.

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3 years ago

Of fifo or lifo, which method would produce the more favorable cash flow? fifo, because of it produces lower income tax expense

quester [9]

FIFO stands for First In First Out and LIFO stands for Last In First Out.
Answer: LIFO produces more favorable cash flow because LIFO PRODUCES LOWER INCOME TAX EXPENSE.
During inflation, LIFO approach is adopted for tax benefits. With the rise in prices, LIFO produces higher cost of sold amounts of goods.

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3 years ago

Two examples of generally accepted accounting principles are:

tresset_1 [31]

The answer to this question is: <span> accounting for leases and accounting for fair value assets
Leases and fair value assets is often used by companies in order to make their company valuation seem higher than it supposed to be. So, standardized rules regarding the proper way to make the valuation should be written under the Generally accepted accounting principles.</span>

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3 years ago

Suppose the federal government increases spending without also increasing taxes In a closed economy' setting this policy will (1

Leona [35]

Answer:

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Explanation:

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3 years ago