Why is it important for a company to be (geographically) close to its suppliers to implement a JIT inventory control system?
The geographical proximity is important to minimize shipping and handling costs of supplies and materials. Geographical proximity also facilitates frequent communication and joint planning between a supplier and customer.
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To receive complimentary breakfast each morning of your stay, please complete your booking by April 30 effectively motivates action in the closing of a sales letter
Indicate whether the statement is true or false
LeGo Financials offer two investment plans. Investment A pays 9 percent interest compounded monthly, whereas Investment B pays 10 percent interest compounded semiannually. What are the effective annual rates of Investment A and Investment B?
A. 9.38 percent and 10.50 percent, respectively B. 9.38 percent and 10.25 percent, respectively C. 9.75 percent and 10.25 percent, respectively D. 9.75 percent and 10.50 percent, respectively E. 9.94 percent and 10.45 percent, respectively
In the wholesale model of e-book distribution, pricing power is with the publisher.
Answer the following statement true (T) or false (F)
FreshFoods, Inc. sells American gourmet foods to merchandisers in Singapore. Prepare the journal entries for FreshFoods, to record the following transactions. Include any year-end adjustments.Dec 20Sold items to Tan, Inc., for 60,000 Singapore dollars. The exchange rate was $0.476 per Singapore dollar. The purchase terms were n/30.Dec 31The exchange rate was $0.480 per Singapore dollar.Jan 17Received payment from Tan for the December 20 sale. The exchange rate was $0.495 per Singapore dollar.?
What will be an ideal response?