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3 years ago

The physical distribution concept seeks to minimize the cost of distribution for a given customer service level.

Business

1 answer:

Otrada [13]3 years ago

6 0

Answer:

A)True

Explanation:

Physical distribution concept can be regarded as larger distribution process that involves wholesale as well as retail marketing and the physical movement ( transportation as well as storage.) of goods/service. It should be noted that the The physical distribution concept seeks to minimize the cost of distribution for a given customer service level.

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1. Prepare adjusting journal entries, as needed, considering the account balances excerpted from the unadjusted trial balance an

AnnZ [28]

Answer and Explanation:

The adjusting entries are shown below"

A. Supplies Expense $1,000 ($7,500 - $6,500)

To Supplies $1,000

(Being the Supplies Expense is adjusted)

B. Insurance Expense $18,000 ($24,000 - $6,000)

To Prepaid Insurance $18,000

(Being Insurance Expense is adjusted)

C. Unearned Service Revenue $1,800 ($3,000 - $1,200)

To Service Revenue $1,800

(Being Service Revenue is adjusted)

D. Salaries Expense $2,400

To Salaries Payable $2,400

(being Salaries Expense is adjusted)

E. Depreciation Expense $18,000

To Accumulated Depreciation- Property Plant and Equipment $18,000

(Being Depreciation Expense is adjusted)

8 0

3 years ago

Perle, a dentist, billed Wood $600 for dental services. Wood paid Perle $200 cash and built a bookcase for Perle's office in ful

patriot [66]

Answer: $550

Explanation:

Taxable income could simply be explained as the total income made or received.

Cash received by Perle = $200

Worth of Bookcase received by Perle as part of the settlement amount = $350

Therefore, Total amount received by Perle = $350 +$200 = $550

Total income received by Perle for dental service rendered = $550

The total amount to be included in taxable income is $550.

$600 was the charged amount, but only $550 was received for the service rendered.

4 0

4 years ago

In a business cycle, the _____ is the transition period between contraction and expansion.

Assoli18 [71]

Answer:

Recovery

Explanation:

The Business cycle is also known as the economic cycle, and consists of the periods of growth (expansion), and decline (contraction) of the economy, over a long period of time.

According to the theory of the business cycle, it is normal and expected for economies and businesses to experience periods of rise and fall.

The period that marks the transition between contraction and expansion is the recovery, because is the period when the contraction comes to a halt, and the economy starts recovering in order to expand again.

3 0

4 years ago

If the real interest rate is 3.00% per year and the expected inflation rate is 2.40%, what is the nominal interest rate accordin

kherson [118]

Answer:

5.47%

Explanation:

Fisher equation:

1+ real interest rate = (1+nominal interest rate) / (1+Inflation rate)

1+0.03 = (1 + Nominal interest rate) / (1+0.024)

--> nominal interest rate = 5.47%

7 0

3 years ago

An organization should adopt planning and strategic management to Multiple Choice provide direction and momentum, encourage new

galina1969 [7]

Answer:

provide direction and momentum, encourage new ideas, and develop a sustainable competitive advantage.

Explanation:

Planning and strategic management is of utmost importance in terms of providing direction and momentum, encouraging new ideas, and developing a sustainable competitive advantage.

Without direction, a company is bound to go hay wire and lose focus from the end goal. New ideas are fuel to the engine of a company. Continuous innovation keeps it running. It needs to develop a competitive advantage from the competitors to survive in the brutal market.

6 0

3 years ago