Explain the importance of breaking bulk.
What will be an ideal response?
To reduce transportation costs, manufacturers and wholesalers typically ship cases of frozen dinners or cartons of blouses to retailers. Retailers then offer the products in smaller quantities tailored to individual consumers' and households' consumption patterns-an activity called breaking bulk. Breaking bulk is important to both manufacturers and consumers. It allows manufacturers to efficiently make and ship merchandise in larger quantities at one time and enables consumers to purchase merchandise in smaller, more useful quantities.
You might also like to view...
Segmented reporting is made easier through cost allocation
Indicate whether the statement is true or false
A partner who wrongfully dissociates loses the right to demand a dissolution and winding up of the partnership.
Answer the following statement true (T) or false (F)
Develop your presentation according to the standards of effective ____________________
a. design and delivery b. communication and response c. business and persuasion d. sales and research
On August 1, Year 1, Jackson Company issued a one-year $64,000 face value interest-bearing note with a stated interest rate of 9.00% to Galaxy Bank. Jackson accrues interest expense on December 31, Year 1, its calendar year-end.What is the cash flow from financing activities that will be reported during the year ending December 31, Year 1?
A. $66,400 inflow B. $0 C. $64,000 inflow D. ($69,760) outflow