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Blizzard [7]
4 years ago
13

When it comes to distribution what is the least expensive route when getting the product from the manufacture or farmer to the u

ltimate consumer ?
Business
1 answer:
Nezavi [6.7K]4 years ago
5 0
<h2>Direct distribution is one of the least expensive route to access customer directly</h2>

Explanation:

  • Direct distribution is one the method which does not involve any intermediaries.
  • They do not have dealers, sub-dealers, etc to reach the customer with the product.
  • Online shopping enables direct distribution
  • Since direct distribution does not involve intermediaries, it can reach customer more quickly and the cost is also less.
  • Whereas when the product is reached through indirect distribution, then we have to spend amount on transport to reach product to dealers, then dealers spend money to sub-dealer and so on.
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On January 1, 2020, Pearl Company makes the two following acquisitions.
Tpy6a [65]

Answer:

a) journal entry to record land purchase

January 1, 2020

Dr Land 360,000

Dr Discount on notes payable 246,621

    Cr Notes payable 606,621

journal entry to record purchase of equipment

January 1, 2020

Dr Equipment 444,725.96

Dr Discount on notes payable 115,274.04

    Cr Notes payable 560,000

present value of $560,000 using bank interest rate = $560,000 / 1.11⁸ = $242,998.84

annual interest payment = $560,000 x 7% = $39,200

PV of annuity = $39,200 x 5.1461 (PV annuity factor, 11%, 8 periods) = $201,727.12

total present value of notes payable = $242,998.84 + $201,727.12 = $444,725.96

discount on notes payable = $560,000 - $444,725.96 = $115,274.04

b) interest expense for the first notes payable (used to purchase land) = $360,000 x 11% = $39,600

December 31, 2021, accrued interest expense on notes payable 1

Dr Interest expense 39,600

    Cr Discount on notes payable 39,600

interest expense for the second note

interest expense = $444,725.96 x 11% = $48,919.86

cash paid = $560,000 x 7% = $39,200

discount on notes payable = $48,919.86 - $39,200 = $9,719.86

December 31, 2021, accrued interest expense on notes payable 2

Dr Interest expense 48,919.86

    Cr Cash (or interest payable) 39,200

    Cr Discount on notes payable 9,719.86

4 0
3 years ago
Alan, a content analyst, frequently attends seminars at his workplace. At one such seminar, a new content development position i
Andrews [41]
The answer is C) headhunting ....
7 0
4 years ago
Read 2 more answers
Your Mutual fund was valued at $237,500 it has lost 6% per year for the last three years what is its value today
MissTica

Answer:

197263.70

Explanation:

I did math on a website

5 0
3 years ago
Rent payments that are processed through a third-party network after March 11, 2021, should be reported to the taxpayer on:
pogonyaev

After March 11, 2021, such rent payments as described above should be reported on <u>Form 1099-MISC,</u><u> Miscellaneous </u><u>Information</u><u>.</u>

The subject of rent payments made through third party networks is covered under the American Rescue Plan Act which:

  • Was signed by President Biden on March 11, 2021.
  • Clarifies the scope of Form 1011-K.

The Act shows that when rent payments are made through third-party networks, they should be treated as miscellaneous information and reported on Form 1099-MISC.

Find out more on Form 1099 at brainly.com/question/25485090.

7 0
2 years ago
Lynn has an account that ears interest at annual rate of 5% percent. Interest is compounded quarterly. Lynn’s account is $4000.
In-s [12.5K]

Answer:

Ending balance in account = $4,203.8 (Approx.)

Explanation:

Given:

Starting balance in account = $4,000

Rate of interest annually = 5%

Number of year = 1

Find:

Ending balance in account

Computation:

Compounded quarterly

So,

Number of interest period = 1 x 4 = 4

Rate of interest quarterly = 5% / 4 = 1.25% = 0.0125

So,

A = P[1+r]ⁿ

Ending balance in account = 4,000[1+0.0125]⁴

Ending balance in account = 4,000[1.0125]⁴

Ending balance in account = 4,000[1.05094]

Ending balance in account = 4203.76

Ending balance in account = $4,203.8 (Approx.)

6 0
3 years ago
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