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disa [49]
4 years ago
5

A retail company sells products such as agricultural produce and consumer products. The company procures materials from farmers

and local producers. This process of obtaining the inputs needed for a business is called ________.
Business
1 answer:
mojhsa [17]4 years ago
5 0

Answer:

Inbound logistics

Explanation:

Inbound logistics is the process of obtaining raw materials, and other goods and services, to the firm, while outbound logistics is the process of delivering the final goods and services from the firm to the customers.

In this case, the retail company is engaging in inbound logistics because it is procuring the raw materials from local farmers. Once these materials reach the firm, it can transform them into the agricultural produce and consumer produce that it sells.

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Answer:

c. $45,000 liability

Explanation:

Fair Value of Plan Asset = Return on asset + employer contribution - Benefit paid

= $22,000 + $40,000 - $0

= $62,000

Projected Benefits Obligation = Service cost + interest cost

= $17,000 + $40,000

= $57,000

Pension asset / (liability) = Opening pension asset/ Liability + Plan asset - Projected Benefit Obligation - Amortization

= $2,000 + $62,000 - $57,000 - $52,000

=  -$45,000

= $45000 Pension Liability

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4 years ago
The author of article "The Pentagon’s Virtuous Insurgency" asserts that there are four key takeaways from the conference discuss
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Here is one of the key notes,

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