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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.

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Patrick and Kathy bought a home for $250,000 three years ago and sold it this year for $225,000. What is the deduction they can
Diano4ka-milaya [45]

The amount they can take as deduction for the loss on the sale of their home is; $0.

<h3>How much can they take as deduction for the loss on the sale?</h3>

It follows that deductions can only be taken on losses incurred on the sale of property used for business or investment purposes.

Hence, since the item sold is their personal home, it follows that they cannot take any deduction on the loss on the sale.

Read more on sale deduction;

brainly.com/question/22525377

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6 0
2 years ago
Gary wants to create a perceptual map for positioning using the attribute-based approach. He comes to you for advice as to how h
bagirrra123 [75]

Answer & Explanation:

The advise is that Gary must find answer two questions to make it clear what characteristics or attributes of products are they going to deliver its customers. These two questions are as under:

Question 1:

What are the rating of all the attributes that our customer perceive our product possesses?

This question helps in understanding what our customer thinks of our products and rate characteristics of the product.

Question 2:

Which of these attribute are most important?

This question sheds light on the issue of which attribute of the product must be withdrawn and which to keep to increase the customers satisfaction and market share.

These two questions tells what features must be offered for a particular price.

8 0
3 years ago
Assume that Chris and Heather get married in 2019 and file a joint return. What is their taxable income and income tax
konstantin123 [22]

Question Completion:

Chris and Heather are engaged and plan to get married. Chris is a full-time student and earns $8,500 from a part-time job. With this income, student loans, savings, and nontaxable scholarships, he is self-supporting. For the year, Heather is employed and reports $83,600 in wages.

Answer:

Chris and Heather

Taxable income and income tax (jointly):

Gross income               $92,100  

Standard deduction      24,000

Taxable income           $68,100  

Income tax                   $14,982

Explanation:

Chris' income = $8,500

Healther's wage= $83,600

Gross income =   $92,100

Standard deduction (jointly) = $24,000

Income tax rate = 22%

Income tax (jointly) = 22% of $68,100 = $14,982

4 0
3 years ago
Cushenberry Corporation had the following transactions. 1. Sold land (cost $12,000) for $15,000. 2. Issued common stock at par f
Eduardwww [97]

Answer:

Entries are given

Explanation:

We will record assets and expenses on the debit as they increase during the year and will record liabilities and capital on the credit side as they increase during the year or vice versa.

Sold land (cost $12,000) for $15,000.

Dr Cash                  15,000

Cr Land                                          12,000

Cr Gain on Sale                             3,000

Increase investing cash flows by 15,000. and 3000 gain will be deducted from operating activities

Issued common stock

Dr Cash                                            20,000

Cr Common Stock                                        20,000

Increase financing cash flows by 20,000

Recorded depreciation on buildings for $17,000.

Dr Depreciation Expense             17,000

Cr Accumulated Depreciation                      17,000

This will not affect cash flow.

Paid salaries of $9,000.

Dr Salaries Expense                     9,000

Cr Cash                                                          9,000

Decrease operating activities cash flow by $9,000.

Issued 1,000 shares of $1 par value common stock for equipment

Dr Equipment                                                8,000

Cr Additional paid-in capital Common Stock            7,000

Cr Common Stock                                                          1,000

It doesn't  involve any cash however affects the company financial position so it will be recorded in schedule of non cash financing and investing activities

Sold equipment (cost $10,000, accumulated depreciation $7,000) for $1,200.

Dr Cash                                         1,200

Dr Accumulated Depreciation    7,000

Dr Loss on Disposal                     1,800

Cr Equipment                                                        10,000

There would be an increased cash flow of $1,200 under investing activities.

3 0
2 years ago
A cover letter accompanies a résumé to showcase a job-seeker's personal life.<br> True<br> False
wlad13 [49]
False. it does not always have to. i burned mine. lol
8 0
3 years ago
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