The consumer sector is the largest part of the macroeconomy
TRUE
Answer:
Inbound logistics
Explanation:
Inbound logistics is the process of obtaining raw materials, and other goods and services, to the firm, while outbound logistics is the process of delivering the final goods and services from the firm to the customers.
In this case, the retail company is engaging in inbound logistics because it is procuring the raw materials from local farmers. Once these materials reach the firm, it can transform them into the agricultural produce and consumer produce that it sells.
Answer:
$8,000
Explanation:
Income distribution deductions apply only to an estate or trust's distributable net income (DNI). In this context, the beneficiaries of an estate or a trust are taxed directly based on the money distributed to them. That means that the estate or trust can deduct distributions when calculating taxes. This is done to avoid double taxation, since the beneficiaries are taxed, then the estate or trust is not.
Answer:
66.7%
Explanation:
Given that,
Design capacity = 6 furnaces per day
Effective capacity = 5 furnaces per day
Efficiency ratio if it repairs an average of 4 furnaces per day:
= (Actual capacity ÷ Possible capacity) × 100
= (4 per day ÷ 6 per day) × 100
= 0.667 × 100
= 66.7%
Therefore, the efficiency ratio is 66.7 percent.
