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rodikova [14]
2 years ago
15

Mention and explain documents for buying and selling​

Business
1 answer:
Jlenok [28]2 years ago
4 0

Answer:

Inquiry Letter

Sometimes a business can send this to a supplier to find out if they have a certain good in stock.

Purchase Requisition

This is a document used by a department in a company to request that those in charge of procurement acquire some goods for them.

Quotation

This is a document sent by a supplier to the prospective buyer informing them of the goods they have and their selling price.

Purchase Order

This is the document that shows a formal request for goods from a supplier.

Delivery Note

This is used to confirm that the buyer has received the goods they ordered. The buyer will typically sign this document to confirm receipt.

Invoice

A supplier prepares and sends this to the buyer to show them the goods they ordered and the prices so that the buyer knows how much they owe.

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What do you mean by parent and host company?​
Anna11 [10]

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

8 0
2 years ago
Read 2 more answers
James hires Franco for a painting job. Their contract explicitly states that​ Franco's employment can be terminated if he is emp
brilliants [131]

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.

8 0
3 years ago
Creating central distribution centers can allow a business to run more efficiently. True False
Gemiola [76]

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.

7 0
3 years ago
The acts of receiving shipments, breaking down shipments, repackaging shipments, and distributing components to a manufacturing
ehidna [41]

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.  

6 0
2 years ago
Variable costs as a percentage of sales for Lemon Inc. are 74%, current sales are $697,000, and fixed costs are $178,000. How mu
Crank

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

7 0
3 years ago
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