If the stock continues to rise, then the investor contracts should a) sell a 95 call.
Selling options can be risky when the market turns negatively and there is no backup plan or hedge in place. Even while worst-case events are unlikely, it's still important to be prepared for them.
The danger of selling a call option is that the stock will climb endlessly without any upside protection to contain the loss. Call sellers therefore need to select when they will decide to decide to buy back an option contract.
But when selling a put, the risk is that the stock will decline, in which case the put seller will receive the premium and be obligated to buy the shares if it falls below the strike price of the option.
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the following are selected transactions of tamarisk company. tamarisk sells in large quantities to other companies and also sells its product in a small retail outlet. prepare journal entries for the transactions above.
March 1 Accounts receivable $13200 (debit)
March 15 Accounts receivable $1800 (debit)
March 31 Accounts receivable ($1800*1%) $18 (debit)
The term "accounts receivable," often known as "AR" or "A/R," refers to a company's legally enforceable claims for payment for items delivered or services provided that consumers have requested but haven't paid for. These typically take the form of invoices that a firm issues and sends to the client for payment within a predetermined time limit. In a balance sheet, accounts receivable are listed as an asset. This accounting transaction is one in a series that deals with charging a customer for the goods and services they have requested. These can be contrasted from notes receivable, which are liabilities created through formal legal documents known as promissory notes.
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with respect to distributing practice within a single-pracitce session, which of the following statements are true
With respect to distributing practice within a single-pracitice session, the statements that are true is continuous skills are learned better with massed schedules; discrete skills are learned better with distributed schedules.
What is continuous skills ?Continuous motor skills can be dedcibed as the skill which the movement is cyclical and repetitive, with an arbitrary beginning and end.
It should be nboted that this can be compare with the discrete motor skills in the sense that it represent a distinct, manipulative-type skill that has a specific beginning and end hence continuous skills are learned better with massed schedules.
Therefore, option A is correct.
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missing options:
- continuous skills are learned better with massed schedules; discrete skills are learned better with distributed schedules
- continuous skills are learned better with distributed schedules; discrete skills are learned better with massed schedules
- both continuous and discrete skills are learned better with massed schedules
- both continuous and discrete skills are learned better with distributed schedules
A natural gas monopoly currently sells 100 cubic feet of gas at $1.10 per cubic foot. To sell one more cubic foot, the natural gas company must lower the price of gas to $1.09. Which of the following best describes the marginal revenue of the 101st cubic foot of natural gas?The marginal revenue is less than $1.09.
The marginal revenue is less than $1.09.( Marginal revenue is an excess revenue resulting from the sale of additional units of production.)
What is the formula for marginal income?
To calculate marginal revenue, a company divides the change in total revenue by the change in total output. Marginal revenue is the retail price of his one additional item sold. Below is the formula for marginal income.
Marginal income = change in income / change in quantity.
What is Marginal Income in Examples?
Example: You sell 100 shirts on Monday for $10 for $1,000. On Tuesday, he will sell 110 shirts for $1,100. The difference in earnings between Monday and Tuesday is $100. $100 marginal revenue.
Why is Marginal Income Important?
Marginal revenue is important because it measures the increase in revenue from selling more products or services. Marginal revenue follows the law of diminishing returns. The law is that each increase in production results in a smaller increase in production.
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Zhang Company reported Cost of goods sold of $835,000, average Inventory of $41,750, and Net sales of S2,338,000. The Inventory turnover ratio is: A. S times B. 418 times C. 20 times D. 56 times E 19 times
Inventory turnover ratio is 20 times in this case. It is calculated by dividing Cost of goods sold by average Inventory. In this case, the ratio is 835,000 divided by 41,750, which is equal to 20 times.
Inventory turnover ratio is an important measure to know how good a company is managing its inventory. It helps in measuring how quickly a company sells its inventory during a given period of time. The higher inventory turnover ratio means that a company is selling its inventory at a faster rate and more efficiently. A lower inventory turnover ratio means that a company might be holding too much of inventory or not selling it quickly enough which is required. This ratio also useful in helping businesses to assess their inventory management strategies and work thereon for improvement.
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FILL IN THE BLANK. the___ is too powerful to be changed very often because a small change is magnified throughout the banking system. (check all that apply)
The reserve ratio is too powerful to be changed very often because a small change is magnified throughout the banking system
The reserve ratio is the percentage of deposits that a bank is required to hold in reserve, rather than lending out or investing. It is a key tool that central banks use to influence the money supply and credit conditions in the economy. Because the reserve ratio is a percentage of deposits, a small change in this ratio can have a significant impact on the amount of money that banks have available to lend.
If the reserve ratio is increased, banks will be required to hold more of their deposits in reserve, which means they will have less money available to lend. This can tighten credit conditions and reduce the economic money supply. Conversely, if the ratio is decreased, banks will hold less of their deposits in reserve, which means they will have more money available to lend. This can loosen credit conditions and increase the money supply in the economy.
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________ selling involves sales of goods and services to consumers through personal interactions and demonstrations in their home or office.
Personal selling, commonly referred to as face-to-face selling, is a sales technique where a single salesperson tries to persuade a consumer to purchase a product.
Describe Personal SellingWhen a salesperson meets with a potential customer to close a deal, this is known as personal selling. A sequential sales process with typically nine steps is used by many salespeople. For all or a portion of the sales process, some sales professionals write scripts.
Personal selling is described as "the process of person-to-person conversation between a salesperson and a prospective customer, in which the latter strives to meet the latter's requirements by providing the latter with the chance to purchase something of value, such as a good or service."
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suppose a firm operates in the short run at a price above its average total cost of production. in the long run the firm should expect
Priced over its typical total cost of production in the short term. Long-term, the company should prepare for the entry of new competitors. falling market value and declining profits
To what performance are you alluding?
Producing anything involves assembling it from components or raw resources. To put it another way, manufacturing employs inputs to produce a thing or product that has value for a consumer or end-user—an output that is acceptable for consumption.
What are production and examples?
It simply refers to a process of production or its result in its most basic form. Economists refer to producers as businesses that generate goods and services. These companies manufacture products that they sell to customers.
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an increase in the price of bread produced domestically will be reflected in a. both the gdp deflator and the consumer price index.
The GDP deflator and the consumer price index will both show an increase in the cost of locally produced bread.
Gross domestic Product?
A lot of acronyms are used by economists. The GDP, or gross domestic product, is one of the most often used. It is frequently cited in reports by governments, central banks, and the business sector as well as in newspapers, on television news, and in publications.
How is GDP calculated? What is GDP?GDP is calculated as private consumption plus gross domestic product plus public investment plus (exports – imports). The country's official statistical office often uses the international standard to calculate GDP.
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under the prudent investor act, a trustee's investment and management decisions should be evaluated: i based on each individual transaction ii based on the context of the portfolio as a whole iii as part of the investment strategy of each single trust beneficiary iv as part of the overall investment strategy for all beneficiaries of the trust
A trustee's investment and management choices should be assessed in light of the portfolio's broader context and place within the context of the trust's overall investment strategy for all beneficiaries. ( Option ii and iv )
- When investing trust assets on behalf of a trustor, trustees must adhere to rules outlined in the Uniform Prudent Investor Act (UPIA). It also applies to financial experts who execute deals or make recommendations on behalf of clients.
- Fiduciary accounts, or those in which someone is operating on someone else's behalf, are subject to the prudent investor rule. The fiduciary must exercise caution while handling these accounts.
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Robert has two cryptographic keys, and he needs to determine which of them is less prone to being attacked. The cryptoperiod is limited and equal for both the keys. The first key has a length of 2 and uses 16 characters, while the other key has a length of 3 and uses 15 characters. Which of the following is the best conclusion for Robert to come to?
a. Both the keys are equally secure.
b. The first key is more secure than the second key.
c. Neither of the keys are secure because they both have a limited cryptoperiod.
d. The second key is more secure than the first key.
The security of the second key exceeds that of the first key. The answer is option (d).
What is cryptographic key?A key is a piece of data that may encode or decode cryptographic data in cryptography. It often takes the shape of a string of numbers or characters that is saved in a file.
In the field of cryptography, a key is a string of letters that is a component of an encryption algorithm that modifies data and makes it appear random. It locks (encrypts) data, much like a real key, so that only those who have the proper key may decrypt it. An encryption key is a constant value used in cryptography thatis applied to a block or string of unencrypted text using an algorithm to create encrypted text or to decode encrypted material.
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which of the following represents an ethical responsibility that an independent insurance agent owes to the general public?
The option that represents an ethical responsibility that an independent insurance agent owes to the general public is The same sizes print as the agent's address or telephone number.
What is Ethical responsibility?Ethical responsibility can be described as the ability to recognize, interpret and act upon multiple principles as well as the values according to the standards within a given field .
It should be noted that the Ethics guides us to make the world a better place through the choices we make however the Ethics in business can be used by the Business leaders sdo the can posses the unique role and a great responsibility in shaping the ethical culture of their businesses, hence in the case above it can be seen that same sizes print as the agent's address or telephone number serves as the ethical responsibility.
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missing options:
The same sizes print as the agent's address or telephone number.
The difference size of the polpulation
the term is best defined as the difference between the benefits that are gotten and costs that must be given up by consumers to acquire or use a product.
Value is the discrepancy—ideally a negative one—between the advantages of using and owning a thing and the costs that go along with it.
The ability of any branded product to solve problems or meet needs is another way to define value. A market is a gathering place for consumers and sellers where they can exchange goods and services. Markets might be real-world, like a physical store, or digital, like an online discrepancy. Price, quality, and what the good or service can do for that specific person are a few examples. Consumers take into account monetary, time, energy, and emotional expenditures when determining the worth of a purchase.
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a manufacturer of automatic locking devices shipped 20,000 devices to an automobile manufacturer that was unable to use them because of a design flaw. if the manufacturer of the devices waited until the parts were returned before determining why it created unusable component parts, it would be using control.
A manufacturer of automatic locking devices for vehicles shipped 20,000 devices to a car manufacturer that was unable to use them because of a design flaw. If the manufacturer of the devices waited until the parts were returned before determining why it created unusable component parts, it would be using feedback control.
manufacturing is the introduction or production of products with the assist of device, exertions, machines, equipment, and chemical or organic processing or formulation. it is the essence of secondary sector of the financial system.[1] The term may additionally consult with more than a few human interest, from handicraft to high-tech, however it's far most generally applied to business design, wherein raw substances from the primary quarter are transformed into finished items on a huge scale. Such goods can be bought to other manufacturers for the manufacturing of different more complex merchandise (including plane, household appliances, furnishings, sports activities gadget or motors), or allotted via the tertiary enterprise to end customers and customers.
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Which of the following statements is CORRECT?
a. In general, a firm with low operating leverage also has a small proportion of its total costs in the form of fixed costs.
b. There is no reason to think that changes in the personal tax rate would affect firms' capital structure decisions.
c. A firm with high business risk is more likely to increase its use of financial leverage than a firm with low business risk, assuming all else equal.
d. If a firm's after-tax cost of equity exceeds its after-tax cost of debt, it can always reduce its WACC by increasing its use of debt.
e. Suppose a firm has less than its optimal amount of debt. Increasing its use of debt to the point where it is at its optimal capital structure will decrease the costs of both debt and equity financing.
Among the following options in the given answer, option a is correct: In general, a firm with low operating leverage also has a small proportion of its total costs in the form of fixed costs.
A business with low operating leverage incurs a high percentage of variable costs, which results in a lower profit margin on each sale but less need for sales growth to offset its lower fixed costs.
In general, strong operating leverage is preferable to low operating leverage since it enables enterprises to make significant profits on every additional sale. However, businesses with minimal operating leverage could find it simpler to turn a profit when coping with reduced sales levels.
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Which of the following is NOT a typical source selection criterion that an organization would use to evaluate potential contractors?
(C) Personalities is NOT a typical source selection criterion that an organization would use to evaluate potential contractors.
Make sure to Employ Qualified Contractors:
Always request proof of a possible contractor's Skills, Knowledge, Attitude, Training, and Experience (competence) before considering them for a job. This would include their credentials and training, memberships in trade associations and industry associations, and samples of prior similar work. Inquire about their familiarity with the relevant laws, industry standards, and best practices.Verify their references. Inquire from the contractor's past clients about the quality of their work and how they handled health and safety on the job.Always insist on seeing documentation of the job-specific risk assessment.Verify if the company has identified the risks specific to the activity and your specific site.Always insist on seeing documentation of the job-specific risk assessment. Verify if the company has identified the risks specific to the activity and your specific site.Make sure the contractor can demonstrate that they have safe working practices in place, and that the safety measures and controls they identify as essential are really implemented both before and during the course of the project.Verify the managerial presence that the company will have to oversee the work before it begins. Plan monthly progress meetings, and make sure you have the contact information for management staff in case of an issue on the job site.Inquire about any HSE enforcement actions, including any possible prosecutions, the company may have experienced in the three to five years prior. To verify the provided information, visit the websites of the HSE enforcements.complete question
Which of the following is NOT a typical source selection criterion that an organization would use to evaluate potential contractors?
a. life cycle cost
b. references
c. personalities
d. technical approach
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FILL IN THE BLANK. the acrimony between the conservative and business elements in texas republican party was most apparent in the fight over_____.
The conflict over the "bathroom bill" was where the tension between the conservative and business wing of the Texas Republican Party was most pronounced.
Texas Republican Party: What is it?In the state of Texas, the United States Republican Party is affiliated with the Republican Party of Texas. Matt Rinaldi took over as chair in the place of Allen West, who resigned before his term ended to run for governor of Texas. Austin serves as the party's headquarters.
In Amarillo, are there more Republican votes than Democrat ballots?Although this is the only region in Texas where most counties have been losing population, there may be more Republican votes to win here. Amarillo's neighborhood has been expanding, albeit more slowly than typical Texas cities.
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Littleburg has 6 restaurants, which collectively serve 300 bowls of noodles per day. Then, 5 of the restaurants accidentally burn down, leaving only Nelly’s Noodle Hut intact. Now, Nelly’s will serve _______ (less than exactly or more than) b. 300 bowls of noodles per day, and the price will be _______ (higher, lower, or same as before) c. Philpot Industries Inc. is the only producer of left-handed coffee mugs. Currently, they are making very little profit. You tell them they could raise their profits by ________ (decreasing the number, increasing the quantity lowering the price or increasing the number) of the mugs they produce.
Littleburg has 6 restaurants, which collectively serve 300 bowls of noodles per day. Then, 5 of the restaurants accidentally burn down, leaving only Nelly’s Noodle Hut intact. Now, Nelly’s will serve Less than (less than exactly or more than) b. 300 bowls of noodles per day, and the price will be Higher (higher, lower, or same as before) c. Philpot Industries Inc. is the only producer of left-handed coffee mugs. Currently, they are making very little profit. You tell them they could raise their profits by Decreasing the number of mugs(decreasing the number, increasing the quantity lowering the price or increasing the number) of the mugs they produce.
A. Less than
B. Price will be higher
C. Decreasing the number of mugs
Profit describes the financial benefit realized when the revenues from a business activity exceed the expenses, costs and taxes associated with maintaining the activity.
Profits are important because:
– provide a measure of business success that is important for new businesses.
– are the best source of finance/capital for business expansion investment.
- they attract additional funds from investors attracted by the possibility of high returns on their investment.
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A production budget should include which of the following?
- types and capacities of machines
- economic quantities to produce
- available resources
The sales forecast and the anticipated amount of finished goods inventory are combined to generate the production budget, which determines the required number of product units.
A creation spending plan ought to incorporate kinds and limits of machines, monetary amounts to deliver, accessible assets.
What is the first step in the process of controlling the budget?Having a written strategic plan is the first step in budgeting. This guarantees that the organization's resources are utilized to support its strategy and growth.
What are the four budgeting stages?The national government's budgeting process consists of four distinct phases: preparation, authorization, implementation, and accountability of the budget Even though they are distinct processes, their implementation during a budget year overlaps.
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using a perpetual inventory system, when a company records a sale of merchandise, it must also record? A. a decrease in its inventory B. an increase in its inventory C. Cost of goods sold, which will be reported on the income statement D. Cost of goods sold, which will be reported on the balance sheet
The perpetual inventory technique does not make an effort to keep track of counts of tangible goods. Periodic inventory is in contrast to perpetual inventory systems.
What exactly is an inventory system?The method through which you keep track of your products across the whole supply chain, from purchase to manufacture to final sales, is known as just an inventory management system (or inventory system). It controls how you go about managing your company's inventory.
What is the unbreakable inventory rule?Freely count - Inventory and spare parts that are improperly organized in the warehouse will inevitably lead to disorganized storage and pitiful accountability. Additionally, this will waste time and add to the workload. Therefore, inventory should be organized properly, made visible, and count free.
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Anticipated sales for Safety Grip Company were 42,000 passenger car tires and 19,000 truck tires. Rubber and steel belts are used in producing passenger car and truck tires according to the following table:The purchase prices of rubber and steel are $1.20 and $0.80 per pound, respectively. The desired ending inventories of rubber and steel belts are 40,000 and 10,000 pounds, respectively. The estimated beginning inventories for rubber and steel belts are 46,000 and 8,000 pounds, respectively.
Total cost of anticipated sales of rubber and steel belts is $3,826,400.
It is given in the question that rubber and steel belts are in producing passenger car and truck tires
Passenger tires :
Rubber - 1470000
Steel Belts - 210000
Truck tires:
Rubber - 1482000
Steel Belts - 152000
Plus desired ending inventory :
Rubber - 40000
Steel Belts - 10000
Total Pounds required for production:
Rubber -2992000
Steel Belts - 372000
Less estimated beginning inventory:
Rubber- 46000
Steel Belts- 8000
Total units purchased :
Rubber - 2946000
Steel Belts- 364000
Unit price :
Rubber - $1.20
Steel Belts-$0.80
Total direct materials to be purchased:
Rubber- $3,535,200
Steel Belts- $291,200
Total cost = $3,826,400
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(i) historically, countries with colonial settlers who planned on staying for long periods of time set up sound economic institutions. (ii) countries with harsh environments not suitable for permanent settlements resulted in colonial settlers favoring extractive institutions because they were often primarily interested in resource extraction.
(i) In the past, nations with colonial settlers who intended to stay for a long time established reliable economic systems. (ii) Because colonial settlers were frequently primarily concerned in resource extraction, they favored extractive institutions because nations with hostile conditions made it difficult to establish long-term colonies. Both the statements are true.
what are extractive institutions?
The goal of extractive institutions, which are the antithesis of inclusive ones, is to direct the economic benefits toward a relatively tiny elite. Extractive institutions either limit people's ability to engage in economic initiative (since they are aware that little of the gain will go to themselves) or discourage them from doing so.
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a portable concrete test instrument used in construction for evaluating and profiling concrete surfaces (macrs-gds 5-year property class) is under consideration by a construction firm for $26,000. the instrument will be used for 6 years and be worth $2,750 at that time. the annual cost of use and maintenance will be $8,000. alternatively, a more automated instrument (same property class) available from the manufacturer costs $31,500, with use and maintenance costs of only $7,000 and salvage value after 6 years of $4,000. the marginal tax rate is 25%, and marr is an after-tax 12%.
The first option is to purchase the portable concrete test instrument for $26,000, which will have an annual cost of use and maintenance of $8,000. The salvage value after 6 years will be $2,750. The total cost of the instrument over 6 years will be $60,750.
The second option is to purchase the more automated instrument for $31,500, with an annual cost of use and maintenance of $7,000. The salvage value after 6 years will be $4,000. The total cost of the instrument over 6 years will be $65,500.
The decision criteria is to choose the option that yields the lower net present value (NPV). After considering the marginal tax rate of 25%, the after-tax cost of the first option is $45,563.75 and the after-tax cost of the second option is $48,875. The NPV of the first option is calculated as $14,687.25, while the NPV of the second option is $11,375. Thus, the first option is the better investment as it yields a higher NPV.
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the fair labor standards act requires that a minimum wage of a specified amount be paid to all employees in all industries.
The statement 'the fair labor standards act requires that a minimum wage of a specified amount be paid to all employees in all industries' is true.
In the field of business, the fair labor standard act can be described as an act that was formulated inorder to give basic rights to laborers.
Before the fair labor standards act, the laborers were given a very small amount for the hard work that they did.
Hence, the fair labor standard act came up with a policy under which a minimum wage of a specific amount was set and no employee could be paid an amount less than this specified minimum wage. Hence, the statement above is true.
The question can correctly be written as:
The fair labor standards act requires that a minimum wage of a specified amount be paid to all employees in all industries. true or false
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Which if the following is not a type of inventory?
A) Finished goods in the stockroom
B) food cans in a foods store raw materials
C) job being processed on the machine
D) all of above
Food cans in a food store raw materials are not a type of inventory. Thus, Option B) is the correct answer.
Raw materials required for a product's production, work in progress, or jobs being processed by a machine, and finished goods kept in warehouses and required for delivery to clients make up the inventory items. The things that are finished and unfinished and ready to be shipped to clients make up the inventory. They include everything required for the purpose of production.
Since there are resources required to create the food that fills the cans before they are finally sealed and canned, the food can in a food store's raw materials is not a part of the ordinary inventory. The full cans that are prepared to be distributed make up the company's inventory.
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suppose an economy is operating above full employment. which of the following fiscal policy actions and resulting changes in aggregate demand will move the economy back towards full employment?
A fiscal policy actions and resulting changes in aggregate demand will move the economy back towards full employment is increasing taxes, which will shift the AD curve leftward.
The desire for all final products and services generated in an economy is measured as aggregate demand. The entire amount of money spent on those products and services at a certain price point and period is referred to as aggregate demand.
Consumption, investment, government expenditure, and net exports are the total of four components that make up aggregate demand. Consumption can alter for a variety of reasons, such as changes in income, taxes, expectations for future income, and changes in asset levels.
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California's Compulsory Financial Responsibility Law requires every driver and every owner of a motor vehicle to maintain financial responsibility (liability coverage) at all times. There are four forms of financial responsibility:
A motor vehicle liability insurance policy.
A deposit of $35,000 with DMV.
A surety bond for $35,000 obtained from a company licensed to do business in California.
A DMV issued self-insurance certificate.
You must carry written evidence of financial responsibility whenever you drive and show it to a peace officer after a citation stop or accident. You may have to pay a fine or have your vehicle impounded if you don't.
If you don't have acceptable financial responsibility and have an accident, you may lose your driver license for up to four years.
The California Compulsory Financial Responsibility Law requires every driver and every owner of a motor vehicle to maintain financial responsibility (liability coverage) at all times.
Finance is the observation and field of cash, foreign money and capital belongings. it is related to, but no longer synonymous with economics, the take a look at of manufacturing, distribution, and consumption of cash, property, items and services (the area of economic economics bridges the 2). Finance sports take vicinity in economic structures at various scopes, for this reason the field can be kind of divided into personal, corporate, and public finance. In a monetary machine, belongings are bought, bought, or traded as economic gadgets, together with currencies, loans, bonds, shares, stocks, options, futures, and so forth.
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Work-study is a program that includes
A. working at an outside job to help pay for school
B. taking a school job to help pay for an education
C. agreeing to serve in the military for financial aid
D. participating in a service program to receive aid
Work-study is a program that includes working at an outside job to help pay for school. Thus option (A) is correct.
What is school?
It means an institution where formal learning or education is conducted.
A school is a division of the school system consisting of students comprising one or more grade groups or other identifiable groups, organized as one unit with one or more teachers to give instruction of a defined type and housed in one or more buildings.
More than one school may be housed in one building or compound, as is the case when elementary and secondary schools are housed in the same building or compound.
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if a country changes its corporate tax laws so that foreign businesses build and manage more business in that country, then the net capital outflow of that country group of answer choices falls and the net capital outflow of other countries rise. none of the above are correct. rises and the net capital outflow of other countries fall. and the net capital outflow of other countries rise. next
If a country changes its corporate tax laws so that foreign businesses build and manage more business in that country, then the net capital outflow of that country will falls and the net capital outflow of other countries rise
Net capital surge alludes to the net progression of assets that is contributed abroad by a specific country at a specific period. It ought to be noticed that a positive net capital stream just implies that such nation invests more external more than what different regions of the planet puts resources into it.
Given the inquiry above, since the nation changes its corporate tax laws regulations so homegrown organizations construct and oversee more business in different nations, it implies that the net capital surge of that nation falls and the net capital outpouring of different nations rise.
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A food handler cannot find the ice scoop. What should the food handler do to be sure that customers are served safely
Answer:
use a spoon or find the scoop.
Explanation:
he can use a spoon instead and should not touch the other parts of spoon other then the handle.
FILL IN YHE BLANK. ________ refers to the number of distributors or other intermediaries that it takes to get the product from the manufacturer to the market.
Channel length refers to the number of distributors or other intermediaries that it takes to get the product from the manufacturer to the market.
The number of middlemen in a specific distribution channel between the manufacturer and the customer is referred to as the channel length. Long or short distribution channels are both possible. Short channel: A few successive intermediaries labor to deliver items to the consumer.
The quantity of intermediaries affects the length of the distribution channel. Company > VAR > Customer could be a condensed distribution channel. The following is an example of a lengthy distribution chain: Company > Distributor > Wholesaler > Retailer > Customer.
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