The answer is C) indicate their desires to producers
Extra units that are held in inventory to reduce stock outs are called just-in-time inventory. The term inventory refers to both the raw materials utilized in production and the finished commodities that are ready for sale. The first-in, first-out method, the last-in, first-out approach are used for inventory valuation.
Inventory turnover is a major contributor to revenue production and, subsequently, to profits for the company's shareholders, making it one of a company's most valuable assets. Work-in-progress items, finished goods, and raw materials make up the three categories of inventory. It is classified as a current asset on the asset side of a company's balance sheet.
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Answer:
Dec 31 2016 Interest expense 2640 Dr
Interest payable 2640 Cr
Explanation:
the adjusting entry is made at the end of the period which is 31 December 2016 here. The notes pays interest at 8% per annum. So, the total interest due for one year on note payable is,
Interest = 44000 * 0.08 = 3520
Out of this amount of interest payable, 9 month's interest related to period from April to December. So, at 31 December, we will recognie 9 month's interest as interest expense 3520 * 9/12 = 2640. And debit interest expense account by this figure. As the interest is not paid today, we will credit interest payable.
Answer:
The answer is cooperative branding
Explanation:
Cooperative brand entails a scenario where two brands fairly receiving equal treatment share a promotion. In sharing such a promotion, the brands benefit from each other’s marketing strength thereby improving public awareness of both brands. When two brands shares a promotion, they end up saving on costs while at the same time ensuring that they receive an increased exposure.
Answer:
B. To encourage the wealthy to invest in the bank and become attached to the national government.
Explanation:
Alexander Hamilton proposed the idea of having a national bank and it was approved by the congress in 1791.
Hamilton justified establishing a national bank because he intended to encourage the wealthy to invest in the bank and become attached to the national government.
The national bank had $10,000000 (Ten million dollars) in capital.