Savings in the supply chain mostly are the result of:

A) cutting cost after the design phase.
B) being able to ship in larger quantities.
C) sticking with local competition.
D) members in the chain sharing information.
E) members having clout with suppliers.


D

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Answer the following questions. (Show your work.) a. Revenue of $60,000 was earned, but only $45,000 was collected. Expenses of $36,000 were incurred, but only $30,000 was paid. What is reported net income? b. Wages of $4,000 are paid every Friday for a

five-day workweek. If the end of the year falls on a Tuesday, the adjusting entry for wages would be recorded at what amount? c. A company vehicle is purchased for $24,000. Assuming an eight-year useful life and zero value at that time, what is the balance of accumulated depreciation after five years? d. Supplies Expense of $3,600 was recorded for a given year. Assuming that $2,400 in supplies were purchased during the year and that $640 in supplies remained at year end, what was the cost of supplies at the beginning of the year?

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The store location of a coffee shop in a hotel lobby can best be described as _____

a. overstored b. understored c. parasite d. saturated

Business

Cottle Company has total assets of $220,000 and total liabilities of $70,000. The company's debt-to-equity ratio is closest to

A) .32 to 1 B) .68 to 1 C) .24 to 1 D) .47 to 1

Business

Bumpas Enterprises purchases $4,562,500 in goods per year from its sole supplier on terms of 2/15, net 55. If the firm chooses to pay on time but does not take the discount, what is the effective annual percentage cost of its non-free trade credit? (Assume a 365-day year.)

A. 24.49% B. 20.24% C. 19.03% D. 18.62% E. 17.00%

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