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NNADVOKAT [17]
4 years ago
6

Starling Manufacturing Inc. has carefully set up strict specifications for raw materials that are sourced from suppliers. It fol

lows a three-step approval process to select new suppliers and ensures that they are aware of raw material specifications. This is an example of __________
Business
1 answer:
hammer [34]4 years ago
7 0

Answer:

Feed forward control.

Explanation:

The above example is a type of feed-forward control. It is a process which consists of phases and the product or services is provided in stages. The feed-forward control system is a viable technique that helps to select the best goods and the best manufacturer. Starling manufacturing INC. has applied a feed-forward control procedure to select the new supplier.

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Which of the following could explain an increase in the interest rate and the equilibrium quantity of loanable funds? Group of a
taurus [48]

Answer:

The demand for loanable funds shifted rightward.

Explanation:

The loanable funds refers to the funds that are available for the borrowers to take the loan from the lender.

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4 years ago
Condensed financial data are presented below for the Phoenix Corporation:
Solnce55 [7]

Answer:

Part 1.

3.1 times

Part 2.

a. total assets

Part 3

d. the company's ability to generate sufficient cash to repay debt when due.

Explanation:

<u>For Part 1</u>

Inventory turnover measures the activity of liquidity of a company`s inventory. The higher the ratio in comparison, the more efficient the inventory is managed.

<em>Inventory turnover = Cost of Sales ÷ Inventory</em>

therefore,

Inventory turnover = $982,500 ÷ $ 312,500 = 3.1 times

<u>For Part 2</u>

In a common-size Balance Sheet, each item is expressed as a percentage of total assets whereas in a common size Income Statement, Sales revenue is expressed as 100 % and every other item is expressed as a percentage of sales revenue.

<u>For Part 3</u>

Solvency or Liquidity is the ability of short term assets to cover short term liabilities. Also put, it is  the company's ability to generate sufficient cash to repay debt when due.

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Question 2 of 20
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