1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Murrr4er [49]
2 years ago
13

The following table shows the assets and liabilities of the Chang family in 2007 and 2008.

Business
1 answer:
Aleks [24]2 years ago
5 0

Answer:

d

Liabilities are what someone owes and assets are what someone owns and is worth something. The house is an asset and the car loan is a liability. According to the numbers provided the assets have an increase of $6,000 with +10,000 from the house and -4,000 from the car. And liabilities had a decrease of $25,500 with a -$29,000 from mortgage and car loans and a +3,500 from the savings account and debt. So assets increase and liabilities decrease. 

You might be interested in
Compare and contrast the three options from the perspective of cost. Which one do you believe will provide the most economical s
Anvisha [2.4K]

Incomplete question. The full question read:

Power Force Corporation Kip Himmer, executive vice president of operations of Power Force Corporation (PFC), is feeling stressed out. The producer of power tools for the do-it-yourself market is experiencing higher fulfillment costs as retailers change their buying patterns. They all seem to want smaller, more frequent shipments to a larger number of locations. And, the retailers' service expectations are on the rise. They are demanding advanced shipping notification, RFID tags on all products, and improved inventory visibility. Gone are the days when the retailers bought power tools by the truckload for delivery to a few regionally dispersed distribution centers. Instead, they are asking for smaller shipments to multiple distribution centers and direct delivery to stores. Some retailers are also inquiring about PFC's ability to deliver orders for individual customers direct to their homes. This drop-shipping strategy is completely new to PFC and Himmer worries that it could create major bottlenecks at the company's centralized delivery center that sits next to the factory in Louiseville Kentucky. And, all of these new requirements are accompanied by shorter order cycle time goals. Himmer feels that he is stuck between a rock and a hard place as the major home improvement chain stores (Home Depot, Lowe's, and True Value) account for more than 80 percent of PFC's sales. Although compliance is proving to be very expensive, PFC cannot afford to deny the requests. Doing so would have an unwelcome effect on revenues. After consulting with his fulfillment team, Himmer has come to the conclusion that he has three reasonable options to address the emerging marketplace requirements.

Option 1 - Upgrade the existing PFC distribution center in Kentucky to handle multiple order types and smaller shipments. Deploy warehouse automation to improve order fulfillment speed and efficiency.

Options 2 - Expand the PFC fulfillment network. Add regional distribution centers in Nevada and New Jersey to the existing Kentucky distribution center. Modify operational processes and flows so that orders for delivery centers, stores, and individual consumers can be fulfilled.

Options 3 - Outsource fulfillment to a capable third party logistics company so that PFC can focus its efforts on quality production, accurate demand planning, and lean inventory management.

Himmer's next step is to fully evaluate the three options and choose a path forward before his upcoming meeting with Marcia Avis, the owner of PFC. Avis will ask tough questions and Himmer must be confident in his recommendations.

<em>Compare and contrast the three options from the perspective of customer service. Which one do you believe will provide the most economical solution for PFC?</em>

Answer:

<u>Options 3 - Outsource fulfillment to a capable third party logistics company so that PFC can focus its efforts on quality production, accurate demand planning, and lean inventory management.</u>

Explanation:

In terms of cost, it will be preferable if Himmer outsourced the fulfillment objectives to another company that is capable because if for example, they decide to go with:

option 1: they will need to set aside large funds investing in physical infrastructure; such as upgrading the existing PFC distribution center in Kentucky, buying warehouse automation tools, etc. Or they chose;

option 2: It also requires even more funds to be able to expand and add new regional distribution centers in Nevada and New Jersey, etc.

7 0
2 years ago
While designing a website, a(n) _____ allows you to identify the specific amount of space used on a particular page before it co
MrRa [10]
A wireframe would be useful in designing a web page since it would determine the specific amount of space to be allotted for the content to be placed. In addition, it serves as a schematic blueprint which functions as a layout for arranging the elements you want to put on the website.
3 0
3 years ago
Read 2 more answers
Gross profit is equal to:
ehidna [41]

Answer:

The correct answer is letter "A": sales minus cost of goods sold.

Explanation:

Gross Profit is one of several important measurements of a company's profitability. Specifically, <em>it is derived from taking sales revenue and subtracting the costs of goods sold</em>. The costs of goods sold include the expenditures of raw materials and labor involved in making the products.

3 0
3 years ago
Country A prohibits trade with Country B due to political reasons. This is an example of _____. Country C restricts the number o
aleksandrvk [35]

The answer would be C. Embargo, a Quota

6 0
2 years ago
Read 2 more answers
"Another term for online word-of-mouth marketing is ________, which refers to the transmission of messages in much the same way
Sergeu [11.5K]

Answer:

The correct answer is letter "B": viral marketing.

Explanation:

Word-of-mouth marketing or viral marketing is the type of advertising consumers make of a product or service based on their own experiences. They could represent a benefit or a risk for the company of the product in reference since the comments being spread about it are based on subjective ideas.  

Comments of people with a certain degree of influencing others are likely to affect more a firm's sales negatively or positively.

6 0
3 years ago
Other questions:
  • Pakistan’s GDP in 2010, using the official exchange rate on 1/1/2010, is equal to $300 billion USD ($300,000,000,000). When 2010
    9·1 answer
  • Calculate the times interest earned ratio using the financial statement data shown below. Current liabilities $185 Income before
    10·1 answer
  • Wassamatta University is considering resigning its minimum qualifications for professors from possessing a master's degree to po
    9·1 answer
  • You wish to retire in 10 years, at which time you want to have accumulated enough money to receive an annual annuity of $13,000
    13·1 answer
  • Write an essay about the effect of cost and production on our economy.
    10·1 answer
  • Write about the factors that affect the process of planning.​
    13·1 answer
  • During February, $75,150 was paid to creditors on account, and purchases on account were $96,190. Assuming the February 28 balan
    7·1 answer
  • The only way that a society can produce outside the production possibilities curve is
    9·2 answers
  • A history is an interview of the patient that includes the following elements:
    14·2 answers
  • Among the major channels of management communications, _____ is the predominant method of communicating
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!