Answer:
You are part of the internal segment of the supply chain, and the metal company is part of the upstream supply chain.
The internal supply chain relates to processes within the company, and the upstream supply chain refers to the supply of raw materials and other input to be made into output in the company.
If a car-building company in Texas imports steel from Wisconsin, then, the providers in Wisconsin are the upstream supply chain.
Answer:
Ending Inventory = $10,000
Explanation:
Calculating the ending inventory using the lower of cost and net realizable value (NRV):
It means we have to take the inventory cost, which is lower between the original cost and net realizable value. Therefore, for Model A -
Inventory Quantity × Unit Cost (Cost or NRV which is lower) = Total ending inventory cost
100 × $ 100 = $10,000
(We have used the original cost as it is lower than NRV cost)
Answer:
The statement is: True.
Explanation:
A company's scope determines which sector of the market they will focus on and in what product specifically. For new businesses, it is recommended to engage in the production of one service only so the company can have enough control of it but the organization's goal should be to diversify as long as the firm grows and starts earning stable revenues.
Answer: function---B
Explanation:Staples has found it pays to departmentalize by _function______.
This means that Staples will supply its products according to the function of various departments ie according to the activities performed or carried out by such department since it has found out that it is beneficial to the company
for eg, Quill is a subsidiary of Staples supplies medical supplies to doctor:s offices.
Answer:
7.5 Years
Explanation:
The computation of the payback period of the given machine is shown below:
<u>Year Initial outflow Cash flow Cumulative cash flow</u>
(52000)
1 10,000 10,000
2 10,000 20,000
3 10,000 30,000
4 8,000 38,000
5 8,000 46,000
6 2,000 48,000
7 2,000 50,000
8 4,000 54000
9 4,000 58000
10 4,000 62000
Now the Payback period is
= Completed years+ required cash ÷ annual cash inflow
= 7 years + 2000 ÷ 4000
= 7.5 Years