Answer:
Azzamon Inc.
Consultant Fee:
Irrelevant.
Explanation:
The consultant fee is not relevant to the decision of where to locate the warehouse. It is like a sunk cost that has already been incurred. The two cities recommended by the consultant will be considered based on their relevant statistics and data and not based on the fee paid to the consultant. A relevant cost impacts the decision at hand. One relevant cost for making a decision of this nature is the cost of installing facilities at the locations.
The income statement is prepared first. The income statement i<span>s a financial statement
that reports the company's financial performance (profit and loss) over a specific
accounting period. It describes how the business incurs its revenues and expenses, and it is also referred as </span>profit and loss statement (P&L). With help of this report management knows if the business made money during the period reported.
I'm not sure whether you have any options, but here are some of the ways you can ensure that proper plans are installed for the creditors section in the future:
1. Proper handing and monitoring of resources which includes systems, documentation, and procedures - this is very important, to take care of everything so that there are no mistakes
2. Finances must be reviewed correctly, either it is external or internal - unless you do this, you are facing a risk of losing yours, as well as creditors' money
3. Perform and conduct series of simulations before actual implementation - you need to know whether your changes will work before you actually introduce them
Law of supply and demand, increase, down, decrease
