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3 years ago

49) Companies using lean systems generally have:

1 answer:

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The right answer for the question that is being asked and shown above is that: "c. suppliers that are located nearby to decrease delivery lead time." Companies using lean systems generally have <span>suppliers that are located nearby to decrease delivery lead time.</span>

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Sutton Pointers Corporation expects to begin operations on January 1, 2015; it will operate as a specialty sales company that se

Neporo4naja [7]

Answer:

a. January= $300,000, February = $345,000 and March = $396,750

b. $1,041,750

c. January= $198,000, February = $296,700 and March = $374,205

d. $22,545

Explanation:

Sales Budget [to determine sales revenue]

January = $300,000

February ($300,000 × 1.15) = $345,000

March ($300,000 × 1.15^2) = $396,750

Revenue for the quarter = $1,041,750

Cash Receipts Schedule [to determine receipts and receivables balance]

January February March

Sales $300,000 $345,000 $396,750

Receipt - 66% ($198,000) ($227,700) ($261,855)

Receipt - 23 % - ($69,000) ($79,350)

Receipt - 11 % - - ($33,000)

Total Receipts ($198,000) ($296,700) ($374,205)

Account Receivable $102,000 $48,300 $22,545

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3 years ago

Suppose that at the beginning of 2019 Jamaal's basis in his S corporation stock is $0, he has a $0 debt basis associated with a

ivann1987 [24]

Answer:

$0 stock basis; $10,000 debt basis

$1,000 (original stock basis) + $4,000 ordinary income − $7,000 distribution = $0 stock basis and a $2,000 distribution in excess of stock basis generating $2,000 of capital gain. Debt basis is not reduced by distributions.

Explanation:

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3 years ago

What is the proper adjusting entry at December 31, the end of the accounting period, if the balance in the prepaid insurance acc

inessss [21]

Explanation:

The adjusting entry is as follows

On December 31

Insurance expense A/c Dr $5,150

To Prepaid insurance A/c $5,150

(Being the insurance expense is recorded)

It is computed below:

= Balance in prepaid insurance account - unexpired amount

= $9,050 - $3,900

= $5,150

While passing the adjusting entry we debited the insurance expense account and credited the prepaid insurance account

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3 years ago

Serge stayed at a bed and breakfast in a mountain town. The bed and breakfast provides food and a comfortable

hram777 [196]

for me the best describes the roleof the bed and breakfast is sightseeing

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3 years ago

Read 2 more answers

Which of the following statements is true in the context of selecting the best alternative? a. The decision maker can only selec

Assoli18 [71]

Answer:

d. The decision maker must only stick to completely rational, mathematical analysis while selecting an alternative.

Explanation:

It is most ideal for a decision maker to stick to completely rational way of selecting an alternative as this means that the decision maker will only make choices that will be of maximum benefits and low costs. Factors such as personal feelings, or sense of obligation do not interefere when a decision maker sticks to completely rational and mathematical analysis method of decision making.

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3 years ago