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otez555 [7]
3 years ago
9

Just-in-time inventory (JIT) systems: a. are used only by manufacturing firms. b. provide a buffer stock of inventory for a comp

any. c. save costs by outsourcing inventory management to other companies. d. are used to reduce inventory holding costs. e. always keep extra inventory on hand for emergencies.
Business
1 answer:
Annette [7]3 years ago
8 0

Answer:

The correct answer is d. are used to reduce inventory holding costs.

Explanation:

The Just-in-time inventory (JIT) system is a stock management system where stock is received when needed for production (stock received just in time for production). This inventory strategy increases efficiency and decreases waste by receiving goods only as they need them for the production process, which reduces inventory costs. However its effectiveness lies in accurate demand forecast.

You might be interested in
which if the following may not be purchased on margin but can be used as collateral for a margin loan after being held for 30 da
inn [45]

A mutual funds is the instrument that may not be purchased on margin but can be used as collateral for a margin loan after being held for 30 days.

<h3>What is purchased on margin?</h3>

This generally involves the act of getting a loan from your brokerage and then, using the money from such loan to invest in more securities than you can buy with your available cash.

Through the method, an investors can amplify their returns if their investments outperform the cost of the loan itself.

In conclusion, the mutual funds can be purchased on margin. However, it  may be used as collateral for a margin loan after being held for 30 days.

Read more about mutual funds

brainly.com/question/4521829

#SPJ1

3 0
1 year ago
On january 3, 2013, persoff corporation acquired all of the outstanding voting stock of sea cliff, inc. In exchange for $6,000,0
konstantin123 [22]

Answer:

It is a wholly owned subsidiary so the Income Statement will include the figures of both the companies in the consolidated Income Statement. However the equity side of Balance Sheet will include share capital of only the parent company and include retained earnings of both the companies, assets will added up of the two companies and reported in the Balance Sheet however goodwill of the subsidiary will also be reported and liabilities will also be added up and reported in a same manner.

Explanation:

Because the data is not completely provided a general idea is provided here:

It is a wholly owned subsidiary so the Income Statement will include the figures of both the companies in the consolidated Income Statement. However the equity side of Balance Sheet will include share capital of only the parent company and include retained earnings of both the companies, assets will added up of the two companies and reported in the Balance Sheet however goodwill of the subsidiary will also be reported and liabilities will also be added up and reported in a same manner.

3 0
2 years ago
Philadelphia Company has the following information for March: Sales $486,599 Variable cost of goods sold 205,621 Fixed manufactu
egoroff_w [7]

Answer:

Manufacturing margin is $203,253

Contribution margin is $230,357

Net income $118,547

Explanation:

Manufacturing margin is the sales revenue minus manufacturing costs

Sales revenue                           $486,599

Cost of goods sold                  ($205,621)

fixed manufacturing cost         ($77,725)

manufacturing margin            $203,253

Contribution margin is sales revenue minus variable costs:

Sales revenue                           $486,599

Cost of goods sold                  ($205,621)

variable selling & admin          ($50,621)

contribution      margin            $230,357

Income is the sales revenue minus all costs incurred:

Sales revenue                           $486,599

Cost of goods sold                  ($205,621)

fixed manufacturing cost         ($77,725)

Variable selling & admin          ($50,621)

Fixed selling & admin              ($34,085)

Net income                             $118,547

6 0
3 years ago
Date: May 10
GuDViN [60]

(1) c. Offers a negative-sounding apology

(2) c. Fails to offer a clear explanation

Explanation:

At the closing part of the letter, a negative sounding apology can demoralize the employees.

Hubert should have offered a well-informed explanation without sounding negative.

The letter can be re-written as follows:

Date: May 10

To: All Employees

From: Anne Leller Manager, Classic Car Restoration Inc.

Subject: Three Shelby Mustangs

You all have to work overtime next week because we must have the three 1965 Shelby Mustangs ready for Bruce Willis, one of our best clients.

We need to make sure to use all original engine parts and add a top-of-the-line clear coat on all three cars.

Additionally, the client purchased the original radios for each car, so we should install those too.

I apologize for any inconvenience, unfortunately, I am unwilling to make exceptions to this request at this point of time. However, you will surely receive an additional bonus for working overtime along with your salary.

7 0
3 years ago
San Francisco Seats manufactures seats for airplanes. The company has the capacity to produce 100,000 seats per year, but is cur
Rzqust [24]

Answer:

The company's operating income will increase from $8,800,000 by $350,000 to become $9,150,000

Explanation:

Detailed explanation and calculation is shown in the image below

4 0
3 years ago
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