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torisob [31]
2 years ago
3

In the context of a manufacturing firm’s supply chain management (SCM) system, the _____ flow area manages the movement of goods

all the way from suppliers to customers, including customer service and support.
Business
1 answer:
Komok [63]2 years ago
3 0

Answer:

Product

Explanation:

In the context of a manufacturing firm’s supply chain management (SCM) system, the<u> </u><u>Product</u> flow area manages the movement of goods all the way from suppliers to customers, including customer service and support.

Supply chain management (SCM): It is an activity of managing the flow of product from one process to other and transform raw material to a finished goods, then finally supplied to the market. There are different approach been used to reduce cost of production and gain competitive advantages in the market.

There are four key factor that effect supply chain management decisions:

  • Location.
  • Production.
  • Inventory.
  • Distribution
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On march 15, morgan corporation paid $1,000 to buy a one-year insurance policy that will expire exactly one year after the date
shtirl [24]
Yes. It will only affect the asset portion of the company's balance sheet.

When the company buys the one-year insurance policy, the journal entries will be:
                
                                                  Debit            Credit
Prepaid insurance                     1,000
              Cash                                                 1,000

When the insurance expires after a year, the journal entries will be:
Insurance Expense                   1,000
               Prepaid Insurance                            1,000

Note:
Prepaid Insurance and Cash are both found in the assets section of the balance sheet.
Insurance Expense is found in the Income statement of the company and not in the balance sheet.
3 0
2 years ago
Acme Sales calls its customers after they purchase an automobile from the dealership. In addition, every year customers are aske
iren [92.7K]

Answer:

open

Explanation:

Based on the description provided, it seems that Acme Sales is an example of an open system. This is a system that has external interactions which deals with information, energy, or material transfers into or out of the system boundary. In this scenario, Acme Sales is transferring information to and from the company by asking their customers questions over the phone which the clients are providing this information.

6 0
2 years ago
Vessels Corporation's net income for the most recent year was $2,532,000. A total of 200,000 shares of common stock and 200,000
Usimov [2.4K]

Answer:

  • The earnings per share of common stock is closest to

D. $11.41.

Explanation:

To find the Price-Earning Ratio first, it's necessary to deduct from the Net Income the part corresponding to Preferred Stock,

which is , $2,532,000 - (200,000*1,25= $250,000) = $2,282,000

Then we calculate the Earning/Share Ratio : $2,282,000/200,000 = 11,41

Shares of Common stock outstanding    200.000     

Shares of Preferred stock outstanding    200.000*$1,25 = $250.000  

NET INCOME Available    $2,282,000  = $ 2,532,000  - $250,000

6 0
2 years ago
The price of a gallon of gasoline in bonland is? $3.20. however, just before the? election, the government decides to fix the pr
ehidna [41]
This is ab example of a price floor. It is price that set by the government as a minimum price that would be imposed on a product. This value should be higher than that of the equilibrium price to be effective. It is used in order to prevent the prices to be too low.
3 0
2 years ago
If you were advising which actions a company should take to perform value chain activities more cost effectively, you would not
Shalnov [3]

Answer: redesign its products to eliminate those features that might have market appeal, but would excessively increase production costs.

Explanation:

The main aim of every organization are typically cost minimization and profit maximization. If I wanted to advise a company on the kind of actions to take to perform value chain activities more cost effectively, I'll tell them to improve their supply chain efficiency as well as use economies of scale and effective utilization of its resources.

Therefore, redesigning its products to eliminate those features that might have market appeal, but would excessively increase production costs is wrong as this will only lead to increase in cost.

4 0
2 years ago
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