Answer:
B) channel funds directly from lenders to borrowers.
Explanation:
The complete financial system is a means by which money is transferred from savers to borrowers. The financial system is made up of banks, insurance companies, financial markets, and other financial institutions that allow the exchange of money.
Financial markets are the only type of institution that allows the exchange of money from lenders to borrowers without third parties being involved.
Answer:
c. a debit to Inventory for $10,000
Explanation:
Whenever goods are purchased on a discount to be received on payment basis, the inventory is first recorded at cost.
Also as per the general rule, discount is a kind of income, and incomes are recorded only when earned, therefore, the cost of inventory shall be reduced by 4% only when the payment is made, therefore the inventory on the date of purchase shall be recorded at $10,000 only and not for $9,600.
Thus, correct option is c
The answer is a laptop computer.
Thus, Laptop computers would be classified as homogeneous shopping products.
What is shopping products?
- A shopping item may be a sort of item that requires shopper investigate and comparison of brands.
- Homogeneous and heterogeneous are the two particular sorts of shopping items.
- Homogeneous items are seen by consumers as exceptionally comparable in nature and the ultimate buy is more often than not decided on the lowest price.
- If our farmer's feed compactor required substitution, he would seek for the foremost reasonable one.
- Other illustrations of this sort of shopping item would be apparatuses, such as washers, dryers, or a cooler.
- A item can be a business item or a buyer item. If the end client of the item is the customer, at that point the item may be a customer item.
- In the event that the conclusion client could be a commerce, at that point it is categorized as a commerce item.
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Answer:
c. to avoid delays in order fulfillment due to inadequate supply
Explanation:
Stockpiling refers to keeping a large amount of inventory to have it avaiable in the future. Usually, companies do this when they think that the products may not be available to purchase it later and they decide to buy a large amount to avoid problems with the supply. According to this, the answer is that the motivation for stockpiling is to avoid delays in order fulfillment due to inadequate supply.
The other options are not right because having a large inventory is not related to be able to produce at a level rate, stockpiling can lead to unintended transformation of inventory and you might save money by ordering a large amount but you will increase your storage costs to maintain the inventory in a warehouse.
Answer:
Selling price= $336.6
Explanation:
Giving the following information:
Variable costs:
direct materials= $122
direct labor= $52
variable overhead= $67
Total unitary variable cost= $241
Total fixed costs= 679,000 + 114,000= $793,000
<u>First, we need to calculate the total unitary cost:</u>
Total unitary cost= (793,000/12,200) + 241
Total unitary cost= $306
<u>Now, the selling price:</u>
Selling price= 306*1.1
Selling price= $336.6
