Procurement is the supply chain function that receives inputs from the demand plan to procure materials, equipment, and services.
The process of organizing the many tasks necessary to create and distribute goods and services to a company's clients is known as supply chain management. The transfer of raw materials from the supplier to the producer to the final delivery to the customer is all included in the supply chain. Designing, farming, manufacturing, packaging, and transportation are a few examples of supply chain operations. A supply chain is the entire process of getting a finished good or service to the client. It may be necessary to obtain raw materials, convey them to the production facility, and then deliver the finished products to a customer.
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Answer:
B) Quantitative
Explanation:
Quantitative questions collecting data often begin with "how many" or "how much."
Answer:
$3,400,000
Explanation:
The computation of the credit sales is shown below:
As we know that
Closing balance of accounts receivables = Opening balance of accounts receivables + Credit Sales - Bad debts written off - Cash collected from credit customers
$750,000 = $550,000 + credit sales - $460,000 - $4,060,000
$750,000 = $4,150,000 + credit sales
So, the credit sales is
= $4,150,000 - $750,000
= $3,400,000
Simply we applied the above formula
Answer:
Fixed cost= $100
Explanation:
The high low method considers the level of highest activity and lowest activity, and compares cost at each of these levels.
It is a useful way of calculating variable cost and fixed cost.
The variable cost= (High activity cost - Low activity cost)/ (High activity units- Low activity units)
Variable cost= (1,100-900)/ (2,500-2,000)
Variable cost = 200/500= $0.4
Fixed cost= High activity cost- (variable cost* High activity units)
Fixed cost= 1,100- (0.4* 2,500)
Fixed cost= 1,100- 1,000
Fixed cost= $100
With a marginal tax rate of 34 percent and an average tax rate of 23.7 percent, Paddle lovers & more will owing $ 32824.50 in taxes. if the company generates $138,500 in taxable revenue.
The effective tax rate at which the company pays its portion of the income as taxes is referred to as the average tax. In addition, the marginal rate of tax is the highest slab of tax applied to the firm's final dollar of income. In the example at hand, based on the taxable income, Paddle Fams & More is required to pay the tax as follows:
$ 138500 * 23.7% = $ 32824.50
The marginal tax rate is the amount of tax you pay for every dollar of increased income. In the US, as income rises, so does the individual federal marginal tax rate. This taxation strategy, known as progressive taxation, tries to tax people in accordance with their income, with low-income earners paying less in taxes than high-income earners.
The rate that is applied to the taxpayer's taxable income under a marginal tax rate is often determined by grouping taxpayers into tax bands or ranges. The final dollar of income is taxed at a greater rate than the first dollar as income rises. To put it another way, the first dollar earned will be taxed at the lowest possible rate.
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