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Answer:
Assortment warehousing is a form of warehousing that combines classic operations with light manufacturing and packaging duties in order to assure short customer lead times.
Explanation:
Warehousing
This have different points of view. The traditional view about warehousing is that it is a place used in for storage or holding of goods/ inventory
The contemporary opinion about warehousing is that it is has function set in place to mix inventory assortments to meet the need of customer. It deals with the storage of products which is held to a minimum.
Warehousing types
This includes;
1. Distribution centers
2. Consolidated terminals
3. Break-bulk facilities
4. Cross-dockers
assortment warehousing
This is a known form of warehousing. It consists of when different type of goods is held close to the source of demand in order to assure short customer lead time.
Answer:
To make a balance sheet in Excel from T-accounts data follow the below steps.
Explanation:
To make a balance sheet in Excel from T-accounts data follow the below steps.
Add current assets by giving link to the T-accounts data for example click on the cell where Current assets amount is to be added as "Cash" write = in the cell and click on the amount of cash balance available at the T-accounts.
Apply same to all accounts.
Current assets will include cash and supplies, Current liabilities will include notes payable and accounts payable and non-current assets will include land and equipment and common stocks will be added in equity.
Total current assets total will be calculated by writing "=SUM" then select the cells that needs to added together and press enter.
Apply same to all head accounts.
Answer: 446
Explanation:
Net Income will be calculated as:
=(Sales - Operating costs - Depreciation - Bond × interest rate) × (1-tax rate)
= (8250 - 5750 - 1000) - (3200 × 5%) × (1-35%)
= 1500 - (3200 × 0.05) × 65%
= (1500 - 160) × 0.65
= 1340 × 0.65
= 871
Free Cash flow will be calculated as:
= (8250-5750-1000) × (1-35%) + 1000 - 1250 - 300
= 425
The firm's net income will exceed its free cash flow by:
= 871 - 425
= 446
