Supply chain management is managing the flow of goods and services from sourcing and handling raw materials, to work in progress inventory, to finished goods from the starting point to the consumer. There is a big focus on efficiency and proper timing.
Answer: c. To reduce the balances of revenue and expense accounts to zero so that they may be used to accumulate the revenues and expenses of the next period.
Explanation:
Closing entries are the journal entries that are made at the end of an accounting period in order to be able to transfer temporary accounts to the permanent accounts.
The primary purpose of closing entries is to reduce the balances of revenue and expense accounts to zero so that they may be used to accumulate the revenues and expenses of the next period.
Therefore, the correct option is C.
The answer is would be d because all credit cards have an interest rate and that will keep going up if you only pay a little bit at a time
Answer:
The amount of depreciation expense each year is (D) $31,900
Explanation:
Total cost of the equipment = Purchased cost + Shipping charges + foundation and install fee = $160,000 + $2,000 + $12,500 = $174,500
MacKenzie Manufacturing use the straight-line method, Depreciation Expense each year is calculated by following formula:
Annual Depreciation Expense = (Cost of the equipment − Residual Value )/Useful Life = ($174,500 - $15,000)/5 = $159,500/5 = $31,900
Answer:
$500 billion
Explanation:
Data provided in the question:
Real money balances = $2.0 trillion = $2,000,000,000,000
Monetary expansion rate = 25%
now,
The annual rate of seigniorage
= Real money balances × Monetary expansion rate
= $2,000,000,000,000 × 0.25
or in billions
= 
= $500 billion
