Answer:
Group technology
Explanation:
Group technology: This can be defined as a
Manufacturing technique in which functionally-grouped machines are organized into cells to achieve efficiencies.
Group technology is based on the principle that many problems are similar and by grouping similar problems, a single solution can be found to solve a set of problems, saving time and effort.
Group technology is a manufacturing technique in which parts having similarities in manufacturing process and functions are manufactured in one location using a small number of machines.
Answer:
The entry to record the payment:
Debit Accounts Payable $10,000
Credit Purchase discount $300
Credit Cash $9,700
Explanation:
Credit terms of 3/10, n/30 means that 3% discount for the payment within 10 days and the full amount to be paid within 30 days.
On January 1, the company purchase inventory:
Debit Inventory $10,000
Credit Accounts Payable $10,000
The company makes the payment on January 10 and takes the appropriate discount:
3% x $10,000 = $300
The entry to record the payment:
Debit Accounts Payable $10,000
Credit Purchase discount $300
Credit Cash $9,700
Answer: underwriter
Explanation:
The loan underwriter is responsible for verifying the information provided by a borrower. They will then use this information to assess the risk that the lender is going to incur if they lend money to the borrower.
When this is done, a pre-approval letter is issued which shows the amount that the lender is willing to lend to the borrower.
Answer:
30%
Explanation:
What is the percentage of improvement for a client who has a baseline 10RM of 50 lb (22.7 kg) on the bench press and improves to 65 lb (29.5 kg) at her follow-up test session 3 months later.
<em>Percentage improvement is given by the following steps:</em>
<em>First: work out the difference (increase) between the two numbers you are comparing. Then: divide the increase by the original number and multiply the answer by 100. % increase = Increase ÷ Original Number × 100. </em>
Therefore percentage improvement = [(65 lb - 50 lb) / 50 lb] x 100 = 30%