Answer:
What is meant by parent company?
A parent company is a single company that has a controlling interest in another company or companies. Parent companies are formed when they spin-off or carve out subsidiaries, or through an acquisition or merger.
Explanation:
What Is a Parent Company?
A parent company is a company that has a controlling interest in another company, giving it control of its operations
Answer: condition subsequent
Explanation: A condition subsequent is an incident or set of circumstances that bring something to a conclusion. A subsequent circumstance is being used as a symbol in a legal sense to put an end of one's constitutional rights or responsibilities.
This generally occurs when someone do anything illegal or unethical in the eyes of law. In the given case, Franco got employed by some other party although he had a contract with James that he cannot do that. Hence we can conclude that the given case depicts condition subsequent.
True. Creating central distribution centers can allow a business to run more efficiently. This statement is true because when there is a central distribution center, it allows one central location for products to filter in and out. This products are able to be better counted for inventory purposes and making sure there is enough supply being producted to meet the demand for the items.
Answer: Cross docking
Explanation:
The cross docking is one of the logistics procedure in which the various types of goods and the services are directly distributed from supplier to the consumers.
The main aim of the cross docking process is that it helps in increase the efficiency in the supply chain and it is used for handling the inventory system.
It is the process in which the the shipment are received, repacking of the shipments and then it is supply to the customers by the distribution center.
Therefore, Cross docking is the correct answer.
Answer:
Effect on income= $12,038 increase
Explanation:
Giving the following information:
Variable costs as a percentage of sales for Lemon Inc. are 74%
How much will operating income change if sales increase by $46,300.
<u>To calculate the effect on income, we need to calculate the increase in total contribution margin:</u>
<u></u>
Total contribution margin change= 46,300*(1-0.74)
Total contribution margin change= $12,038 increase
Effect on income= $12,038 increase
