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Murrr4er [49]
3 years ago
12

Marketing intermediaries that solicit orders from retailers or other wholesalers and have the products delivered directly from t

he producer to the buyer are known as:
Business
1 answer:
DIA [1.3K]3 years ago
8 0
Marketing intermediaries that solicit orders from retailers or other wholesalers and have the products delivered directly from the producer to the buyer are known as : Dropshipper

Dropshippers do not need to handle inventory. They only need to take care the sales (ideally with an online store), and let the inventory directly handled by the producer
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Anne, a beautician by profession, owns a salon in the small town of franklin, new jersey. every weekend, she makes it a point to
madam [21]
Anne is conducting market research by doing a competitive analysis.

Hope this helps! :)
6 0
4 years ago
Which one of the following parties can sell shares of ABC stock in the primary market? A. ABC company B. Any corporation, other
Alexxandr [17]

Answer:

The correct answer is letter "A": ABC company.

Explanation:

Corporations and governments finance their activities by issuing stock or bonds which are <em>purchased by the public directly from the issuing corporation or government entity</em>. This is considered the primary market, which provides investors their first chance to purchase new security.

3 0
3 years ago
During December of Year 1, Nile Co. incurred special insurance costs but did not record these costs until payment was made durin
o-na [289]

Answer:

The omission of this entry understated accrued liabilites. given that the related inventory was sold in year 1, it aslo overstated net income and retained earnings by understating cost of goods sold,  the same effects would occur if the insurance costs were chargeable to expense as a period cost

Explanation:

Rules specify that contingent liabilities should be recorded in the accounts when it is probable that the future event will occur and the amount of the liability can be reasonably estimated. This means that a loss would be recorded (debit) and a liability established (credit) in advance of the settlement.

4 0
3 years ago
On November 1, Year 1, Black Lion Company forecasts the purchase of raw materials from an Argentinian supplier on February 1, Ye
Alchen [17]

Answer:

Option B: 70,900 decrease in net income

Explanation:

Net impact on black lion company's year 2 net income as a result of this hedge of a forecast foreign currency purchase can be calculated by summing up the Option expense, cost of goods sold and adjustment to net income in year 2 .

NET IMPACT ON YEAR NET INCOME

Option expenses                    (900)

Cost of goods sold               (72,000)

Adjustment to Net Income     2000

Decrease in Net Income       (70,900)

Working

                                                                                   DEBIT     CREDIT

Option expense                                                         900

Foreign currency Option                                           1100

(0.35 - 0.36) x 200,000 = 2000

2000 - 900 = 1100

Accumulated other comprehensive income                                2000

                                                              DEBIT           CREDIT

Foreign currency                                  72,000

(200,000x0.36)

Cash                                                                             70,000

(200,000x0.35)

Foreign currency option                                             2,000

                                                 DEBIT        CREDIT

Cost of goods sold                 72,000

Foreign currency                                       72,000

                                                                                 DEBIT     CREDIT

Accumulated other comprehensive income          2000

Adjustment to Net Income                                                     2000

7 0
3 years ago
The following are selected items derived from Dibb Company's adjusted trial balance on December 31, 2016: Loss on sale of land $
natta225 [31]

Answer:

<h2>                     Dibb Company</h2><h2>                 Income Statement </h2><h2>                 December 31, 2016</h2>

Revenues and gains

    Sales revenues (net)                      <u>$198,000</u>

         Total revenues and gains         $198,000

Expenses and losses

    Cost of goods sold                        ($130,000)

    Loss on sale of land                      <u>    ($5,000)</u>  

         Total expenses and losses      ($135,000)

Net income before taxes                    $63,000

    Income taxes                                  <u>($18,900)</u>

Net income                                           <u>$44,100</u>

Explanation:

A multi-step income statement uses multiple calculations to determine the company's net income, therefore, it is more detailed than single step income statements. In this case, the accounts included were really few, so the income statement is relatively simple.

3 0
3 years ago
Read 2 more answers
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