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3 years ago

What are the "flows" within a supply chain, and why are they important?

Business

1 answer:

ZanzabumX [31]3 years ago

7 0

Answer:

Supply chain management is the coordination, management and strategy that drives the flow of data, information, resources and materials to deliver the best product and service to all stakeholders in the process of converting raw goods to a salable product and delivering it to the ultimate customer. There are three main flows of supply chain management: the product flow, the information flow, and the finances flow. The product flow involves the movement of goods from a supplier to a customer. This supply chain management flow also concerns customer returns and service needs.

Explanation:

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Which of the following is an example of a negative easement appurtenant? a. a common drive easement where owners of adjoining lo

astra-53 [7]

Answer:

B. a scenic easement used to restrict construction on adjacent parcels so as to preserve a valued view

Explanation:

A negative easement gives an easement holder the right to prohibit the owner of a servient estate from using his own property in a specified manner.

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3 years ago

Sending products by _____ is the most expensive option available to producers. Answer rail truck ship plane

Anvisha [2.4K]

The correct answer for the question that is being presented above is this one: "plane." Sending products by plane is the most expensive option available to producers. Using plane as a way to transport products can be quite expensive compared to rail, truck or ship.

8 0

3 years ago

LO 3.5If a firm has a contribution margin of $78,090 and a net income of $13,700 for the current month, what is their degree of

kati45 [8]

Answer:

5.7

Explanation:

The contribution margin characterizes the marginal profit per unit of sales. The indicator is useful in various calculations, and can be used as a measure of operational leverage. As a rule, low values of the indicator are characteristic in labor-intensive sectors, high - in capital-intensive industry.

We have these data:

-contribution margin (CM) : $78,090

-net income (NI) :$13,700

-the degree of operating leverage (DoL) : ?

DoL=CM/NI= 78090/13700=5.7

6 0

4 years ago

Inventory records for Marvin Company revealed that following :a.Mar 1. Beginning Inventory 1,000 units $7.20b.Mar. 10 Purchase 6

lara31 [8.8K]

Answer:

$5,040

Explanation:

LIFO is better matching with Cost, Sales and Revenue when we have increase in prices. In this example we have been given we can see that the prices are rising as well.

To calculate the Ending Inventory let us first calculate our Cost of Goods Sold (COGS):

So when we are talking about LIFO the very recent units we have purchased goes into the COGS. So if Marvin Company has sold 2,300 units during the period, we can calculate the COGS of 2,300 units as follows;

Mar 23: 600 x $7.35 = $4,410

Mar 16: 800 x $7.30 = $5,840

Mar 10: 600 x $7.25 = $4,350

Now all of the above accumulate to 2,000 units. But Marvin Company has sold 2,300 units. So we are short of 300 units in order to find the COGS of 2,300 units. For that we are going to take 300 units from our beginning inventory.

Mar 1: 300 x $7.20 = $2,160

Hence,

COGS = $4,410 + $5,840 + $4,350 + $2,160

COGS = $16,760

The remaining 700 units will go into the Ending Inventory and can be calculated as follows:

Ending Inventory = 700 x $7.20

Ending Inventory = $5,040

7 0

4 years ago

Select the assumption, principle, or constraint that most appropriately justifies these procedures and practices. (Do not use qu

AysviL [449]

Answer:

Please refer below the assumption, principle, or constraint that most appropriately justifies these procedures and practices for each.

Explanation:

A Fair value changes are not recognized in the accounting records.

Measurement Principle (historical cost)

B Accounts receivable are recorded for sales on account rather than waiting until cash is received.

Accrual basis assumption

C Financial information is presented so that investors will not be misled

Materiality Full Disclosure Principle

D Intangible assets are capitalized and amortized over periods benefited

Measurement Principle (Historical Cost)

E Brokerage companies use fair value for purposes of valuing financial securities.

Measurement Principle (Fair value)

F Each enterprise is kept as a unit distinct from its owner or owners.

Economic Entity Assumption Periodicity Assumption

G All significant post-statement of financial position events are reported

Full Disclosure Principle

H Revenue is recorded at point of sale

Revenue Recognition Principle

I All important aspects of bond indentures are presented in financial statements

Materiality Full Disclosure Principle

J Rationale for accrual accounting

Revenue and Expense Recognition Principle

K The use of consolidated statements is justified

Economic Entity Assumption

6 0

4 years ago