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tatuchka [14]
2 years ago
9

Rosy's Sweet Treats is a small-scale restaurant that gets its supplies from Widget Suppliers that takes legal possession of the

goods it distributes. The employees of Rosy's Sweet Treats make a monthly trip to Widget Suppliers to cart their own products back to the restaurant because Rosy's Sweet Treats is too small to merit in-person sales calls from customer care reps. In this scenario, Widget Suppliers is a(n) _____.
A. agentB. brokerC. drop shipperD. cash and carry wholesaler
Business
1 answer:
natali 33 [55]2 years ago
6 0

Answer:  D) Cash and carry wholesaler

Explanation: Cash and carry wholesaler is function that place in the wholesale field.It differs from the regular mechanism of retail, in this sector the goods are traded from wholesale field by paying extra payment for delivery, opting self- transportation etc.

The Rosy Sweets Treat's workers visit the Widget suppliers warehouse on monthly basis because they have opted for self transportation to carry the goods from warehouse to restaurant due to less space available for keeping the goods in restaurants and meet the huge amount of merit-in sales.

Other options are incorrect because agent is someone representing on behalf of other company, broker is the individual that sells and buys items for other party and drop shippers don't keep stock items with them rather ship them .Thus, the correct option is option(D).

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The company had a net income of $248,462, and depreciation expenses were equal to $72,487. What is the firm's cash flow from fin
Mademuasel [1]

Complete Question:

The complete question can be seen the in the attachment at the end of the solution of the question.

Answer:

Option B. -$182,057

Explanation:

The Cash flow from financing activities can be calculated by using the following formula:

Cash flow from financing activities = Changes in the equity finance

+ Changes in long term borrowings + Changes in short term borrowings

- Interest paid - Dividends paid

Here

Changes in the equity = $175,000 common stock in year 2008

- $125,000 common stock in year 2008 = $50,000

Changes in long term Borrowings = $61,290 - $78,445 = - $17,155

Changes in short term Borrowings = $16,753 - $12,004 = $4749

Interest paid is $0 because interest rate is not given hence we can't calculate it.

Dividends paid = $190,568 Opening Retained Earnings + $248,462 Net Profit for the year - $219,379 Closing Retained Earnings  = $219,651

Now, by putting values in the above equations, we have:

Cash flow from financing activities = $50,000 - $17,155 + $4749 - 0 - $219,651 = -$182,057

4 0
2 years ago
Effective credit management involves establishing credit standards for extending credit to customers, determining the company’s
arsen [322]

Answer and Explanation:

The company handles the credit accounts including methods of invoicing and collecting past-due accounts, is indicated by the collection policy as it includes the net days given to the customers

Now if the customer pays the cash within eight days after the sale, the amount of cash paid is

= $100,000 × 0.99

= $99,000

And, if payment is made after 15 days so no discount would be given as it is exceeded the prescribed time limit i.e 10 days. So in this case the $100,000 cash is paid

Now the days sales outstanding is

= 0.30 × 10 + 0.70 × 35

= 3 +24.5

= 27.50 days

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2 years ago
Dotterel Corporation uses the variable cost concept of product pricing. Below is cost information for the production and sale of
skad [1K]

Answer:

$11.2 per unit

Explanation:

The computation of the variable cost per unit is shown below:

= Variable direct materials cost per unit + Variable direct labor cost per unit + Variable factory overhead cost per unit + Variable selling and administrative cost per unit

= $4.34 per unit + $5.18 per unit + $0.98 per unit + $0.70 per unit

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We simply added the entire variable cost per unit so that the accuracy per unit could be reached

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2 years ago
At its height, what percentage of american workers were employed in an automotive-related industry?
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The percentage of American workers that were classified as employed in the industry that is automotive-related is only 20%. There were only 2 out 10 Americans who are working on this job. Automotive jobs cover auto dealerships, and manufacturing plants.
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Answer:

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Download pdf
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