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Artyom0805 [142]
3 years ago
13

Your college bookstore is responsible for the gathering, sorting, and dispersing of books required for a literature course on ca

mpus, which would be an example of the ________ functions that intermediaries perform.
Business
1 answer:
Nataly [62]3 years ago
5 0

The function of <em>gathering, sorting, and dispersing</em> books required for a literature course by the college bookstore is an example of <em>b. logistical functions that intermediaries perform.</em>

The bookstore is an intermediary between the students (customers) and the publishers (suppliers) of the literature book. The bookstore <em>is not performing a transactional, transitional, or facilitating function. </em>

Thus, the college bookstore performs a logistical function by managing the <em>inventory, transportation, and warehousing needs</em> of the college.

Learn more:brainly.com/question/18686811

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The Gorman Group issued $970,000 of 13% bonds on June 30, 2021, for $1,042,973. The bonds were dated on June 30 and mature on Ju
omeli [17]

Answer:

Entries are given below

Explanation:

Cash should be recorded as an asset on the issuance of bonds and bonds should be credited as it is a liability for the company. Interest expense should be debited on a semiannual basis

June 30, 2021 ( issuance of bonds)

                                                          DEBIT          CREDIT

Cash                                                 1,042,973

Bonds payable                                                     970,000

Premium on bonds payable                                 72,973

December 31, 2021 ( interest expense)

                                                            DEBIT          CREDIT

Interest Expense                               62,578

(1,042,973 x 12% x 6/12)

Premium on bonds payable               472    

Cash                                                                          63,050

(970,000 x 13% x 6/12)

June 30, 2022 (interest expense)

                                                           DEBIT            CREDIT

Interest Expense                               62,550

(1,042,973-472) x 12% x 6/12)

Premium on bonds payable               500    

Cash                                                                             63,050

(970,000 x 13% x 6/12)

5 0
3 years ago
What is the meaning or moral standard?
erik [133]

Answer:

A moral standard refers to the norms which we have about the types of actions which we believe to be morally acceptable and morally unacceptable. Specifically, moral standards deal with matters which can either seriously harm or seriously benefit human beings.

Explanation:

may this answer is helpful for you

6 0
3 years ago
Consider a university that purchases replacement chairs for its classrooms. The purchasing manager knows that the annual demand
Ierofanga [76]

Answer:

b. $866

Explanation:

Annual demand from the question = D = $500

the ordering cost = S = $200

then the cost of carrying H = $15

we have to calculate the <em><u>economic order quantity</u></em>

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<em><u>=</u></em><em><u> </u></em><em><u>sqr</u></em><em><u>(</u></em><em><u>1</u></em><em><u>3</u></em><em><u>3</u></em><em><u>3</u></em><em><u>3</u></em><em><u>.</u></em><em><u>3</u></em><em><u>3</u></em><em><u>3</u></em><em><u>3</u></em><em><u>)</u></em>

<em><u>this</u></em><em><u> </u></em><em><u>equals</u></em><em><u> </u></em><em><u>1</u></em><em><u>1</u></em><em><u>5</u></em><em><u>.</u></em><em><u>4</u></em><em><u>6</u></em><em><u>9</u></em>

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<em><u>next</u></em><em><u> </u></em><em><u>we</u></em><em><u> </u></em><em><u>have</u></em><em><u> </u></em><em><u>to</u></em><em><u> </u></em><em><u>calc</u></em><em><u>ulate</u></em><em><u> </u></em><em><u>inven</u></em><em><u>tory</u></em><em><u> </u></em><em><u>orderi</u></em><em><u>ng</u></em><em><u> </u></em><em><u>cost</u></em>

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8 0
3 years ago
Han Corp's sales last year were $425,000, and its year-end receivables were $52,500. The firm sells on terms that call for custo
Zina [86]

Answer:

d. 15.09

Explanation:

425,000 sales

52,500 AR

year of 365 days

<u>Days Sales Outstanding</u>

\frac{52,500}{425,000}\times 365 = 45.088 = 45.09

<u>Average days late</u>

Days \: Sales \: Outstanding - \: Allowed \: credit \: period = average \: days \: late

45.09 - 30 = 15.09

in average customer pays within 45 days.

That is 15.09 days above the allowed credit period.

4 0
3 years ago
Walker's has a price-earnings (PE) ratio of 16 compared to its industry average of 17. Generally speaking, which one of these st
Snowcat [4.5K]

Answer:

Walker's did not outperform because it PE Ratio is close to Industry average. Industry's data is based on average which means some of the firms may have very high PE ratio and some might have quite lower than the average. It is not obvious that the Walker's outperformed or under-performed. Complete data about the individual firms might make us able to compare the performance of Walker's. Apparently its performance is up to the mark as its PE ratio is very close to Industry average.

Explanation:

<u>PE Ratio</u> is a term which show the investors confidence on the firm. It shows that how much price investors are willing to pay against each unit of earning.

4 0
3 years ago
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