Answer: Logistics
Explanation: Logistics refers to the group of complex operation that are to be performed within an organisation by different individuals under the guidance of various different experts of such tasks. These operations are dependent on each other for their effective performance.
Thus, we can conclude that the combination of Rinker's manufacturing, distribution and purchasing activities will collectively be called as logistics.
Answer:
this statement is true.............
Answer:
The answer is C.
Explanation:
The Federal Reserve acts as the Central Bank. And the tool it uses to control the economy is monetary policy and its tools are:
1. Reserve requirements
2. Open market operation
3. Discount rate(interest rate)
The Federal reserve can control the money supply in the eco economy through any of these tools.
For example, if Federal reserve wants to increase the money supply, they can do the following:
a) reducing the interest rate it lends commercial banks money, commercial banks too reduces the interest it charges businesses or households. With lower interest, households and businesses are encouraged to borrow, thereby increasing the money supply and vice-versa.
b) lowering the reserve requirements. Reserve requirement is the minimum balance commercial banks must have with the federal reserves. This is guided by law. Lowering the reserve requirements enable commercial banks to have more money to lend to their customers and vice-versa.
In all, Federal reserve use any of these tools to control money supply that is consistent with their target nominal interest rate.
Answer:
Check the explanation
Explanation:
Using the percentage-of-completion method <em><u>(which is an accounting method or technique in which the earnings and expenses of contracts that are of long-term basis are documented as a percentage of the completed work during a particular period.)</u></em>
Total costs = Incurred costs + estimated costs to complete = $8 million + $12 million = $20 million
Revenue to recognize = $8m/$20m*$28m = $11.2 million
Gross Profit = Revenue recognized less costs incurred
= $11.2m - $8m = $3.2 million
Answer:
$560,000
Explanation:
We can only amortize the $1,400,000 that the company spent after technological feasibility was reached. Research and development costs prior to June 30th must be treated as expenses.
Since the software s expected to generate $10 million during its lifetime, we can amortize 1/10th of the software development cost for each million sold:
($1,400,000 / 10) x 4 = $560,000
