Answer:
an advantage is that it'll be easier to buy stuff because you won't have to convert and there can be a set price
Answer and Explanation:
The Journal entry is shown below:-
1. Amortization expense - copyrights $20,000 ($120,000 ÷ 6)
To copyrights $20,000
(Being amortization expense is recorded)
Here we debited the amortization expense - copyrights as expenses is increasing and we credited the copyrights as assets is decreasing.
2. Amortization expense - Patents Dr, $11,250 ($54,000 ÷ 4) × 10 ÷ 12
To Patents $11,250
(Being amortization expense is recorded)
Here we debited the amortization expense - patents as expenses is increasing and we credited the patents as assets is decreasing.
3. No Journal entry is required as IFRS good will is no longer granted to be amortized.
operating activities, investing activities, and financing activities.
Answer:
Sales and operations planning (S&OP).
Explanation:
Supply chain management can be defined as the effective and efficient management of the flow of goods and services as well as all of the production processes involved in the transformation of raw materials into finished products that meet the insatiable want and need of the consumers. Generally, the supply chain management involves all the activities associated with planning, execution and supply of finished goods and services to the consumers.
Generally, the four (4) stages of a supply chain include the following;
I. Supply management.
II. Supply chain management.
III. Supply chain integration.
IV. Demand-supply collaboration.
Sales and operations planning (S&OP) is an aspect of business management and supply chain planning that is typically used for the development of tactical plans by integrating customer-focused or customer-oriented marketing plans with respect to new and existing products into the operational management of the supply chain.
In conclusion, sales and operations planning (S&OP) helps manufacturers to better match supply with consumer demands by means of collaboration between the sales department and the operations department to create a single production plan.
Answer: 1115
Explanation:
From the question, we've been told that 500 people who will sign up immediately and membership can grow by 26 percent in the first two years. This means that the number of people at the ending of the 2nd year will be:
= 500 × (1 + 26%)^2
= 500 × (1.26)^2
= 500 × 1.5876
= 793.8
The number of people that will be expected at the end of 3rd year will be:
= 793.8 × (1 + growth rate)
= 793.8 × (1 + 19%)
= 793.8 × (1 + 0.19)
= 793.8 × 1.19
= 944.622
The number of people that will be expected at the end of 4th year will be:
= 944.622 × (1 + 18%)
= 944.622 × (1 + 0.18)
= 944.622 × 1.18
= 1114.654
= 1115 approximately
At the end of four years, 1115 members are expected.