Shipping containers moving between trucks, ships and trains would ensure minimum disruption to cargo during transport from origin to destination.
This simplified the global logistics process overall and revolutionized international trade. Standardized containers have transformed the shipping and transport industry, allowing the transport of goods by rail, road, and ship easily, as the containers can fit onto different forms of transport with ease.
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Answer:
The national income statistics are important to any government, including the government of Ghana.
The national income statistics measure the production of goods and services within the country, or by nationals from the country.
There are three important measures that are obtained from national income statistics:
- Gross National Product (GDP): values the amount of goods and services produced domestically (in this case, whithin Ghana), in a given yar.
- Gross National Product (GNP): values the amount of goods and services produced by Ghanian citizens, whether they live in Ghana or abroad. This measure is very important because there are many Ghanians living in other countries
- Net National Product (NNP): It is equal to gross national product minus depreciated assets. This measure is important because it helps the Ghanian government see which investments are actually productive, and not just replacement investments for depreciated assets.
Answer:
b. $115,068
Explanation:
The computation of the receivables is shown below:
As we know that
operating cycle = days sale of inventory + days sales outstanding
157 days = 87 days + days sales outstanding
So,
credit days is
= 157 days - 87 days
= 70 days
Now
receivables is
= $600,000 × 70 ÷ 365
= $115,068
Therefore the correct option is second
<span>It may be explained by a variety of causes ranging from economic condition, prosecution, to civil unrest. For example, recent mass migrations from Syria, Lybia, and some parts of Africa to Europe were a symptom of escalating violence in those countries.</span>
Answer:
Note: The organized question is attached
<u>Description of each transaction</u>
1. Merchandise purchased on account as a cost of $39,200, which is $40,000 less 2% discount of $800
2. Paid fright charge of $450
3. An allowance or return of merchandise was granted by the seller, $4,900, which is an invoice amount of $5,000 less 2% discount of $100
4. The balance due of $34,300 ($39,200 - $4,900) was paid within the discount period