Answer:
b. the average number of days to collect receivables is 31.
Explanation:
The calculation of average number of days is shown below:-
Accounts receivable turnover = Net credit sales ÷ Average accounts receivable
$240,000 ÷ $20,000
= 12
Average number of days to collect receivable = Number of days in a year ÷ Accounts receivable turnover
= 365 ÷ 12
= 31 days
Therefore for computing the average number of days to collect receivable we simply divide accounts receivable turnover by number of days in a year.
Answer:
B. Contact the employer by phone, fax, or email
Explanation:
Josefina submitted a complaint online that is non-serious in nature. The OSHA most likely respond by contacting the employer by phone, fax, or email.
Because the complaint is of informal or non serious nature, the other option does not sit well with the situation. To satisfy Josefina, they would just make a call or send and email or fax so she is satisfied and feels that her complaint is being looked at.
Answer:
vertical integration strategy
Explanation:
In supply chain management, vertical integration refers to expanding the company's operations to either include some of its vendors, distributors and retailers, or both. This way, the company will be able to control the upstream of the supply chain management (vendors) and/or the downstream (distributors and retailers).
In this case, Beatrice is advocating for a vertical integration strategy in order for the company to expand into dairy farms. This way they company will control the supply of raw milk.
Answer:
11.2 containers
Explanation:
The computation of the number of kanban connectors needed is given below:
= (Lead time demand + Safety stock) ÷ Container size
where,
Demand during Lead time demand is
= 1,400 units × 3 days
= 4,200 units
Container size = 500 connectors
Safety Stock is
= 1 day × 1,400 units
= 1,400 units
So, the number of kanban connectors needed is
= (4,200 units + 1,400 units) ÷ (500 units)
= 11.2 containers
We simply used the above formula
Answer:
Secondary market; Prospectus
Explanation:
The broker is talking about the secondary market. After initial public offering, shares are traded again privately, in the secondary market. Likewise, the broker wants to send a brochure or a prospectus to the client in order to help him understand about the company to finalize the decision. A prospectus consists of the company’s complete information.
