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2 years ago

1.) Discuss the importance of Communication with suppliers to achieve timely delivery (15mks)

Business

1 answer:

sladkih [1.3K]2 years ago

7 0

Answer:

Customers' expectations of prompt service from the buyer's organization are heavily reliant on supplier on-time delivery. So, it's important to keep an eye on the delivery times of your suppliers. A computer manufacturer discovers one based on a large amount of historical data.

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London corp. issued 1,000 shares of stock for $20 per share. what are the effects of this transaction?

Anarel [89]

Based on the fact that London Corp, issued 1,000 shares at $20 per share, the effects of this transaction are:

Increase in cash
Increase in common stock

<h3>What happens when stock is issued?</h3>

When stock is issued newly, the stock will be sold for cash which in this case is;

= 1,000 x 20

= $20,000

This means that cash in the company has increased.

Something else that will increase is the common stock. This is the account where the value of the issued stock will go to.

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1 year ago

In 1973 Arab countries imposed an oil embargo on the United States and other developed countries in the aftermath of the Yom Kip

BaLLatris [955]

Explanation:

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3 years ago

Ckson's Programming paid its June of $500 cash. demonstrate how to use the accounting equation to record the transaction by comp

Dvinal [7]

Answer:

Decrease Cash and Increase Expense

Explanation:

Jackson Programming paid $500 as rent for the month of June.

The accounting equation is is the basis of the double entry accounting principle system. It is an equation that stipulates that the balance sheet must remain balanced meaning every entry on the debit should be followed with a corresponding credit. It also means for every decrease there should be a corresponding increase.

In Jackson Programming;

A decrease is recorded in CASH because cash was paid, while an increase is recorded in EXPENSE because there is a corresponding increase in rent expenses.

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3 years ago

The firm will produce output in the short run only if the market price is at least equal to__________.

Alex777 [14]

The firm will produce output in the short run only if the market price is at least equal to the average cost.

In both the short run and the long run, rate equals marginal revenue. The firm must increase output so long as marginal sales exceed marginal fee, and reduce output if marginal sales is much less than marginal fee. earnings are maximized while marginal sales equal marginal fee.

Short-run price is determined by means of short-run equilibrium among call for and supply. deliver curve in the brief run under perfect opposition is a lateral summation of the quick-run marginal value curves of the company.

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1 year ago

On the last day of December 2016, Camreyâs Trucks entered into a transaction that resulted in a receipt of $216,000 cash in adva

Andrei [34K]

Answer:

A. $ 1,293,470

B. $216,000

C. $128,000

Explanation:

A. Calculation for how much service revenue will be reflected on the december 31, 2016 income statement

Service Revenue show on the Trial Blance = $1,165,470

Add: Services which were neither billed nor paid = $ 128,000

Service Revenue reflected in the Dec.,31 2016 income statement =$ 1,293,470

Therefore how much service revenue will be reflected on the december 31, 2016 income statement will be $ 1,293,470

B. Calculation for how much will be reported on the December 31, 2016 Balance sheet as unearned revenue

Based on the information given we were told

that the company entered into a transaction which had resulted in the company receiving the amount of $216,000 as a cash in advance On the last day of the month of December 2016 which is related to services that will be provided during the month of January 2017 which means that the amount of $216,000 will be the amount of cash to be reported on December 31, 2016 Balance sheet as unearned revenue.

C. Calculation for how much that will be reported on the December 31, 2017 Balance sheet as accounts receivable

Based on the information given we were told that the During the month of December of 2016, the company as well rendered a service of the amount of $128,000 in which the service rendered were neither billed nor paid which means that the amount of cash the company will report on December 31, 2017 Balance sheet as accounts receivable will be $128,000.

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3 years ago

1.) Discuss the importance of Communication with suppliers to achieve timely delivery (15mks)​

1.) Discuss the importance of Communication with suppliers to achieve timely delivery (15mks)