Answer: both internal and external inventories
Explanation: In simple words, supply chain inventories refers to the raw material, finished goods and work in process inventories like factors that together constitutes a supply chain.
Management of supply chain refers tot he process in which the organisation tries to control and maintain the flow of inventories from on stage to the other with the ultimate objective of keeping the supply of finished goods smooth throughout the period.
It starts from procuring the suitable raw materials in right quantity and right time after that it monitors the manufacturing unit so that production is done in appropriate time period and finally makes sure that finished goods will be supplied to the market as per the time period specified by the wholesalers or retailers.
Answer:
$172,117.5529
Explanation:
In economics and finance, present value, also known as a present discounted value, is the value of an expected income stream determined as of the date of valuation.
Total years = 3 to 9 = 6years
Present value = future cash flow/(1+i)^n
Present value = $30,000 + $30,000/(1.072)^1 + $30,000/(1.072)^2 + $30,000/(1.072)^3 + $30,000/(1.072)^4 + $30,000/(1.072)^5 + $30,000/(1.072)^6
Present value = $172,117.5529
Answer:
The answer is "The end of the Ice Age."
Explanation:
Answer:
Transactions:
1. June 1 Monthly invests $4,000 cash in exchange for shares of common stock in a small welding business.
2. June 2 Purchases equipment on account for 1,200.
3. June 3 $800 cash is paid to landlord for June rent.
4. June 12 Bills P. Leonard $300 after completing welding work done on account.
Journal Entries:
1.
June 1 Dr. Cr.
Investment $4,000
Cash $4,000
2.
June 2 Dr. Cr.
Equipment $1,200
Account Payable $1,200
3.
June 3 Dr. Cr.
Rent Expense $800
Cash $800
4.
June 12 Dr. Cr.
P. Leonard (Receivable) $300
Welding Service Revenue $300
The relationship between ending inventory and beginning inventory is ending inventory of the previous period is the beginning inventory of the current period.
Ending inventory is inventory that remains unsold at the end of a particular period of time. Beginning inventory is inventory that a business has in stock at the beginning of a particular period.
Ending inventory is a function of beginning inventory, cost of goods purchased, cost of goods sold.
Ending inventory = beginning inventory + cost of good bought - cost of good sold.
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