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erastovalidia [21]
3 years ago
6

An electronic bridge between partner companies in a supply chain that is used to transmit​ real-time information about​ orders,

inventories,​ invoices, and other data is known as​ a(n) ________. A. financial network B. electronic market C. ​Internet-based e-market D. ​dot-com market E. electronic data interchange
Business
1 answer:
8_murik_8 [283]3 years ago
8 0
<h2>Electronic Data Interchange is the bridge between partner companies in a supply chain.</h2>

Explanation:

  • Enables information transfer between one company and another
  • The transfer of information would be in electronic mode rather than paper mode
  • Since they conduct business electronically they are called "trading partners".
  • Types of EDI are :Direct EDI/Point-to-point, Web EDI, Mobile EDI, etc
  • Data are exchanged in 3 simple steps: Prepare the document, convert that to EDI, send to your partner or client
  • The three key elements of EDI are: Modem, VAN and point to point link
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I have $3,000 in credit card debt. If I can pay $150.00 a month, how long will it take to pay it off? My current interest rate i
ZanzabumX [31]

Answer:

2 years

Explanation:

Rate = rate per period = 18%/12 = 1.5%

PV = 3,000

PMT = 150

Number of a payment period = NPER(Rate, PMT, -PV, FV)

Number of a payment period = NPER(18%/12, 150, -3000)

Number of a payment period = 23.96 months

Time to payoff loan = 23.96/12

Time to payoff loan = 1.99667

Time to payoff loan = 2 years

4 0
3 years ago
State for each account whether it is likely to have (a) debit entries only, (b) credit entries only, or (c) both debit and credi
Leya [2.2K]

Answer:

No. Account Type                                                 Likely account entries

1. Fees Earned , normal balance is credit          (b) Credit entries only

2. Utilities Expense , normal balance is debit     (a) Debit entries only

3. Accounts Payable , normal balance is credit  (c) both debit and credit entries

4. Supplies , normal balance is debit                  (c) both debit and credit entries

5. Cash , normal balance is debit                       (c) both debit and credit entries

6. Accounts Receivable , normal balance is debit (c) both debit and credit entries

Explanation:

Accounts that normally have debit entries include assets (both long-term and current), expenses, and losses.  Accounts that normally have credit entries are liabilities, equity, revenue, income or gains.  Most accounts have debit and credit entries before their normal balances are indicated. The accounts with debit entries are mainly expenses and losses, while revenues and income have mainly credit entries.

6 0
3 years ago
Companies are not permitted to collect personal information from children under the age of ________ without parental consent. 8
LekaFEV [45]
Under the age of thirteen. C.13

3 0
3 years ago
Farrick and Kenley want to form a business in which they invest money in exchange for stock ownership in their organization. Wha
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Answer:

Limited liability company

Explanation:

In simple words, A limited liability corporation (LLC) is a type of private company structure. It's among the most frequent legal structures for forming a company. In a comprehensive partnerships all members are accountable for the firm and have unlimited accountability for its obligations.

Thus the limited liability structure is most suitable for the two.

8 0
3 years ago
Exercise 22-15 Deitz Corporation is projecting a cash balance of $32,100 in its December 31, 2019, balance sheet. Deitz’s schedu
lorasvet [3.4K]

Answer:

Deitz Corporation Cash budget for first Quarter of 2020

                                                     Amount in $           Amount in $

Expected opening balance                                             32,100

<u>Projected cash inflows:</u>

Collections from customers           197,950

Sale of equipment                              3,210

Total cash inflows                                                           201,160            

<u>Projected cash outflows:</u>  

Payments for direct materials         (46,010)  

Direct labor                                      (74,900)

Manufacturing overheads               (37,450)

Selling and admin. expenses          (48,150)

Purchase of securities                      (14,980)

Total cash outflows                                                       <u>  (221,490)</u>

Expected cash balance                                                 <u>      11,770 </u>

Difference between expected balance and desired balance at the end of each quarter

= $26,750 - $11,770

= $14,980

This means that for Deitz Corporation to maintain a minimum balance $26,750 at the end of the first quarter, the purchase of securities may be suspended till the next quarter.

Explanation:

The cash budget is one that shows projects made by management on the expected inflows and outflows of cash for a given period. This usually begins with the opening cash balance, followed by the expected inflows, then the outflows and the net of all gives the closing cash balance.

7 0
4 years ago
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