Why is it important in supply chain management for suppliers to have visibility into a company’s forecast and sales data?.

Answers

Answer 1

It is important for suppliers to have visibility into a company’s forecast and sales data because it allows them to adjust their supply of products depending on the market demand.

What is a supply chain management?

This refers to the handling of the entire production flow of a good or from the raw components to the delivering the final product to the consumer.

However, in the supply chain management, the suppliers must have visibility into a company’s forecast and sales data because it allows them to adjust their supply of products depending on the market demand.

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Related Questions

Suppose country A and country B are trading partners. The imposition of tariffs by country A on goods from country B may not be a sound economic idea because it would likely lead to ______.

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If country A imposes tariffs on goods from country B, it could lead country B to retaliate against country A.

What happens when countries impose tariffs?

When a nation imposes tariffs on another nation, it makes goods from that other country more expensive and will therefore limit trade.

The other country might then reply by placing tariffs on the goods of the first country as country B might do here.

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What should an organization do once it has determined the sources of information to fulfill the marketing research objectives? Gather the relevant data from secondary or primary sources, or both. Analyze, interpret, and summarize the information gathered. Conduct surveys and in-depth interviews with the respondents. Consider the costs and benefits of the research effort. Effectively communicate the results to decision makers.

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Consider the costs and benefits of the research effort.

Once the organization has determined the sources of information to fulfill the marketing research objectives, it should consider the costs and benefits of the research effort.

What are the steps of marketing research process?Locating and defining issues or problems is the first step: This step focuses on defining the parameters of a circumstance or issue pertaining to marketing strategy or implementation. The researcher should consider the study's goal, any pertinent background knowledge, the information that is required, and how the information will be used in decision-making when describing the issues or problems.Planning the Project for Market Research: This step focuses on developing a market research strategy or broad approach on how you're going to address the identified issue or problem. A framework or blueprint for carrying out the marketing research project is a research plan or approach. Gathering data: This step focused on gathering the data you'll need to address the issue or problem you identified. When gathering data, a field force or staff is used. They can work in the field, as in the case of conducting in-person interviews, from an office over the phone, or through the mail.Research Data Interpretation: This step focuses on reviewing the evidence and drawing a conclusion that resolves the issue.Report findings from research: The last step is to inform people who require the information to make judgments about the results of the market research. In order to be effectively used in the decision-making process, the findings should be presented in an understandable manner. To further improve clarity and effect, a verbal presentation to management should be delivered using tables, figures, and graphs.

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What is an independent agency? Group of answer choices an executive branch organization that is part of a cabinet an executive branch organization that is very much like a government corporation an executive branch organization that is established by Congress an executive branch organization that has broad powers to provide a public service that is either too expensive or too important to be left to private companies both c and d

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C) An executive branch organization that is established by Congress.

An independent agency is what?

Federal executive departments (those led by a Cabinet secretary) and the Executive Office of the President do not constitute independent entities of the United States government. In a more specific sense, the term only refers to those independent agencies that, despite being regarded as members of the executive branch, have the power to regulate or make rules and are exempt from presidential control, typically because of the president's ability to fire the agency's head or a member is constrained.

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During hyperinflation, the value of money: Multiple choice question. falls slowly rises slowly does not change falls rapidly rises rapidly

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The value of money grows fast during hyperinflation.

Hyperinflation is defined by fast and unrestricted price rises in an economy, generally at rates greater than 50% per month over time. In times of war and economic turbulence in the underlying manufacturing sector, along with a central bank creating an excessive quantity of money, hyperinflation can arise.

As essential items such as food and gasoline become limited, hyperinflation can cause price increases.

While hyperinflations are uncommon, once they start, they may quickly spiral out of control.

Therefore, the correct option is rises rapidly.

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As the aggregate price level in an economy rises, ____________________. interest rates increase consumer demand increases exports decrease investment increases

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As the aggregate price level in an economy rises, A. interest rate increase.

What is interest?

It should be noted that the interest rate simply means the rate that's put on the money that's collected by an entity.

In this case, when there's an increase in the aggregate price level in an economy rises, the interest rate increase as well.

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Your home and property have a market value of $240,000. To meet the coinsurance provision, you would need at least ________ of insurance. Question 13 options: $144,000 $168,000 $192,000 $216,000 None of these

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Your home and property have a market value of $240,000. To meet the coinsurance provision, you would need at least $192,000 of insurance.

A property insurance clause that reduces the insured's ability to recover losses if the limit of insurance obtained by the insured is less than or equal to a certain percentage (often 80%) of the value of the insured property.

When a property owner fails to keep insurance coverage equal to at least 80% of the replacement cost of the home, the coinsurance formula is used. A property owner effectively agrees to retain some of the risk if they purchase insurance for less than the minimum amount needed by the coinsurance provision.

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Marshall suggested that the cause of a downward-sloping long-run supply curve is a. The absence of fixed cost in the long run. B. The increased number of firms in the industry. C. Reduced input prices. D. Reduced output prices.

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Marshall suggested that the cause of a downward-sloping long-run supply curve is A) The absence of fixed cost in the long run.

A fixed fee has a bent to increase the marginal cost curve in the quick run however due to the reality that the constant cost isn't feasible ultimately, the marginal charge declines and so the prolonged-run supply curve is falling ultimately.

In a decreasing fee enterprise, the prolonged-run deliver curve is downward sloping due to the reality that as output will grow and new businesses input, production expenses decline. The computer company is an example of a downward sloping transport curve, considering the truth that because the style of computer systems produced multiplied, the charge of inputs, together with chips, declined.

The lengthy-run deliver curve for an employer in which production charges boom as output rises (a developing-value industry) is upward sloping. The long-run deliver curve for a business enterprise in which manufacturing fees decrease as output rises (a decreasing-price business company) is downward sloping.

The lengthy-run shipping is the shipping of goods available at the same time as all inputs are variable. The lengthy-run delivery curve is continuously extra elastic than the fast-run shipping curve. The lengthy-run common fee curve envelopes the short-run commonplace rate curves in the u-customary curve.

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What is the real interest rate if the current nominal interest rate is 10% and the inflation is 6.5%

Answers

Answer:

65.0

Explanation:

it will mutiple the the inflation rate and the more the inflation the bigger the interest

You are managing a digital marketing campaign with the following characteristics: 30 day duration; $18,000 cost; 580,000 impressions; 40,000 clicks; $92,000 in sales revenues. Rounding to the nearest cent, what is the CPC for this campaign? Group of answer choices $2.30 $0.45 $2.22 $0.42 .03

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The CPC for this campaign will be $2.22.

CPC

Cost-per-click (CPC) bidding means that you pay for each click on your ads. For CPC bidding campaigns, you set a maximum cost-per-click bid - or simply "max. CPC" - that's the highest amount that you're willing to pay for a click on your ad (unless you're setting bid adjustments, or using Enhanced CPC).

CPC) is calculated by dividing the total cost of your clicks by the total number of clicks. Your average CPC is based on your actual cost-per-click (actual CPC), which is the actual amount you're charged for a click on your ad. Note that your average CPC might be different than your maximum cost-per-click .

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Appraiser Jerry is looking past how a property is being used to determine a more optimal function. What is he determining

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When appraiser Jerry is looking past how a property is being used to determine a more optimal function, he is determining the highest and the best use of the property.

What is optimal function?

Optimal function is a practice of business management that deal with ensuring the best possible use of the resources available in the hands of an organization.

In the above case, optimal function is used in such a way that Jerry, the appraiser, is successfully able to ensure that the property is being used in the best ways possible.

Hence, option B holds true regarding optimal function. The complete question has been attached as an image for better reference of the students.

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Katie was notified in November that she will be receiving a $75,000 bonus. This is her first year as an executive and she is thrilled, but she is concerned about the tax impact. She decides to take $25,000 in December (the normal payable date) and to defer the residual for 15 years when she plans to retire. Has she violate the economic benefit rule with this decision

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When Katie decides to take $25,000 in December (the normal payable date) and to defer the residual for 15 years when she plans to retire. "She does not violate the economic benefit rule with the decision."

What is Economic Benefit Rule?

It is a principle of taxation that affects taxpayers with cash basis who are paid for their services.

According to its provisions, a taxpayer is subject to taxation if they derive a "economic benefit" from an unqualified right to acquire property in the future.

Some examples of economic benefit rule are-

net income and revenues,profit and net cash flow,a decrease in anything, such a cost, cheaper labour or raw material costs.

Thus, the benefit a person receives from paying less for a good than the utmost price they are willing to pay for it is known as the net economic benefit.

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Mail order selling, catalog sales, and telemarketing are all examples of: Group of answer choices indirect marketing personal selling direct marketing impersonal marketing channel bypass marketing

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The correct option is channel bypass marketing.

Mail order selling, catalog sales, and telemarketing are all examples of channel bypass marketing.

Working with a third party to sell your goods or services is known as channel marketing. Compared to more conventional growth methods, it is a quicker and more productive strategy that can be beneficial to organizations of all sizes and in a variety of industries.

When channel partners are forced to compete with one another or the internal sales team of a vendor, this is known as channel conflict. The indirect sales division of a vendor consists of channel partners, such as value-added resellers and IT services providers.

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Trevor's boss told him that he would now also be responsible for answering the phones and filing correspondence in addition to the tasks he already did. This provided Trevor with an even wider range of tasks and is an example of ______.

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The responsibility for answering the phones and filing correspondence in addition to the tasks is an example of extension.

What is an extension?An extension refers to doing an even wider range of tasks in addition to the tasks assigned. Task switching is a sort of multitasking that involves switching between several abilities, tasks, or cognitive sets. Multitasking is the practice of dividing one's attention among several skills, tasks, or cognitive sets.The process of working as an extension involves interspersing and overlapping the execution of various programs. This is frequently accomplished by taking advantage of the discrepancy between a computer's quick processing power and its slower input/output devices.If necessary, put off other chores so that one may focus entirely on the important ones when working as an extension.In order to do the assignment on time, one may need to make wise choices, such as calling off a meeting. A good leader may change with the times and deviate from the norm to deal with the problems at hand.

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Ahmed is in charge of hiring new employees for his company. He wants to hire people who are very organized, responsible, and will work hard for the company. In which trait is Ahmed MOST interested

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the qualities to look for in new employees are hard work, dedication and motivation

qualities for jobs-

it is necessary for an HR to be well educated to be able to decipher their inner qualities to judge their suitability for the job. the person must never shy away from working hard and and must be interested in the job. it is only then that they would be motivated to do the work on each day. they should be willing to accept constructive criticism and work on it. they must be eager to gain new knowledge. these are a few things to search in a new employee before hiring them.

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A company pays each of its two office employees each Friday at the rate of $240 per day for a five-day week that begins on Monday. If the monthly accounting period ends on Tuesday and the employees worked on both Monday and Tuesday, the month-end adjusting entry to record the salaries earned but unpaid is:

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Debit Salaries Expense $960 and credit Salaries Payable $960.

What is salary expense?Salaries expense is the fixed pay earned by employees. The expense represents the cost of non-hourly labor for a business. It is frequently subdivided into a salaries expense account for individual departments, such as: Salaries expense - accounting department. Salaries expense - engineering department.

Salary expense per employee = $240 per day

Number of employees = 2

Salary expense for 2 days = Salary expense per employee * Number of employees * 2 = $240 * 2 * 2 = $960

Now, calculate salary -

Date   Account title           Debit     Credit

        Salaries expense     $960  

                  Salaries payable             $960

         (To record salaries expense for 2 days)

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if demand increases while supply remains unchanged the equilibrium price of the product will and the equilibrium quantity will

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An increase in demand while the supply remains unchanged causes equilibrium price and quantity to increase.

If demand increases and supply does not change, shortages will occur and equilibrium prices will rise. If demand falls and supply does not change, there will be a surplus, and equilibrium prices will fall. If demand does not change and supply increases, the surplus will occur and the equilibrium price will fall.

An increase in demand and a decrease in supply will increase the equilibrium price, but the impact on the equilibrium amount cannot be determined. 1.1. For each quantity, consumers will appreciate the goods and producers will have to have higher prices to supply the goods. Therefore, the price will go up.

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Junji is the sales manager for a firm located in a northwest province of China. His product is clearly the market leader in that province. Junji suggests that his firm implement a regionwide price reduction of all its product lines to discourage new firms from entering his lucrative market. Which company objective is being promoted

Answers

Competitor orientation company objective is being promoted.

What does competitive orientation mean?The amount of effort one puts into competing may be influenced by their competitive orientation, which is described as the urge to strive for success in competitions.

What is competition oriented?A pricing strategy in which factors such as consumer demand and manufacturing costs are less important than the price of a comparable product supplied by a strong competitor; also known as competition-based pricing.

What is competitor oriented marketing?Market-oriented pricing, sometimes referred to as competition-oriented pricing, refers to setting your product or service prices based on those of your competitors rather than taking consumer demand and your own costs into account.Additionally, this pricing strategy entails studying and researching your target market.

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What is the approximate market value of a bond that pays $60 interest each year if comparable interest rates have dropped to 5 percent

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The approximate market value of such a bond based on the interest pay year and the drop in comparable interest rates is $1,200.

How can the bond's market value be found?

The value of the bond can be found as:

= Interest payment per year / Decrease in interest rates

Solving gives:

= 60 / 0.05

= $1,200

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Multiple Select Question Select all that apply Bad Debt Expense ______. (Check all that apply.) Multiple select question. should exceed the revenue generated from incurring the cost is a cost of extending credit to customers is based on actual events and does not require estimation is an estimate

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Bad Debt Expense is a cost of extending credit to customers is based on actual events and does not require estimation is an estimate.

When a receivable is no longer recoverable as a result of a customer's inability to pay an outstanding debt owing to bankruptcy or other financial issues, a bad debt expense is recorded.Big Store stops paying its debts and fails to reimburse Company XYZ for goods valued at $100,000. Company labels the $100,000 as a bad debt because it has little faith that Big Store will ever make good on its obligations.When a customer's repayment of previously granted credit is thought to be uncollectible and is therefore recorded as a charge off, a business incurs a bad debt expense.Bad debt charges are categorized as operating costs and are typically listed under selling, general, and administrative costs on your company's income statement.

Thus this is the answer.

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A _____ entity has a primary key that is partially or totally derived from the parent entity in the relationship. A _____ entity has a primary key that is partially or totally derived from the parent entity in the relationship. Strong child weak business

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A weak entity has a primary key that is partially or entirely generated from the relationship's parent entity.

An entity type should contain a key attribute that uniquely identifies each entity in the entity set, although certain entity types do not have a key attribute. These are known as Weak Entities.

Entity sets with insufficient properties to generate a primary key are referred to as weak entity sets, whereas entity sets with a primary key are referred to as strong entity sets. Because the weak entities lack a primary key, they cannot be recognized on their own and must rely on another entity (known as owner entity).

Hence, the correct option is weak entity.

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If you are considering transferring to a university after community college, when is it best to make this decision?.

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Answer: If you transfer during your first year, your high school transcript may hold more weight, experts say. At UCF, Chavis says, admissions officers are more likely to look at your high school transcripts and related materials if you enter with fewer than 60 credits. Prospective transfer students should consider whether their high school grades may help or hurt their odds of admission.

Bob visited the offices of MASS, a successful insurance company in Boston. MASS needs people who are good with numbers. When Bob visited, he noticed that the analysts wore conservative suits and their desks were laid out in a large space like a warehouse, without cubicles, walls, or decorations. The ________ seemed like a clue to a miserly culture.

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Bob visited the offices of MASS, a successful insurance company in Boston. MASS needs people who are good with numbers. When Bob visited, he noticed that the analysts wore conservative suits and their desks were laid out in a large space like a warehouse, without cubicles, walls, or decorations. The physical space and décor seemed like a clue to a miserly culture.

What is Insurance Company ?

Insurance company are financial intermediaries which offer direct insurance or reinsurance services, providing financial protection from possible hazards in the future.

Insurance companies assess the risk and charge premiums for various types of insurance coverage. If an insured event occurs and you suffer damages, the insurance company pays you up to the agreed amount of the insurance policy. The way insurance companies work, they can pay this and still make a profit.

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Watchez Corporation has recently launched a high-end watch. What kind of corporate financial planning must it take into account?
A)ways to curb variable expenses
B)ways to offset the limited economic benefits
C)ways to reduce fixed expenses
D)ways to reduce labor turnover

Answers

The best corporate financial planning to be taking into account for the product launch is the ways to curb variable expenses.

What is the reason for curbing of variable expenses?

In a manufacturing process, it is known that the variable expenses flunctuates to any level and can lead to high cost of operation if care are not exercise by the firm.

Hence, in order to remain at profitable level, the best financial planning for the product launch is the ways to curb variable expenses.

Therefore, the Option B is correct.

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Private saving equals ____; public saving equals ______; national saving equals ____. Group of answer choices 800; 200; 600 800; 200; 1,000 1,000; 800; 1,000 1,500; 700; 2,700

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Answer:

Private saving equals 1500,public saving equals 1000,national saving equals 2700

Private saving equals 1500, public saving equals 1000, and national saving equals 2700.

Saving is a system of putting aside a part of contemporary income for future use or the drift of sources accumulated in this manner over a given time period. Saving may also take the form of increases in bank deposits, purchases of securities, or accelerated cash holdings.

Saving cash offers you a manner out of the uncertainties of life and gives you the possibility to revel in an excellent life, placing aside a sum of money in a systematic manner allows you to steer out of many hurdles and barriers in lifestyles.

The significance of saving money is easy: It permits you to revel in extra security in your lifestyle. When you have cash set aside for emergencies, you've got a fallback must something sudden manifests. And, if you have financial savings set aside for discretionary fees, you will be capable of taking risks or attempting new things.

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A farmer sells wheat at a price of $5 per bushel. If the farmer sells 100 bushels, his total revenue is ________ and his average revenue is __________.it cannot change its quantity of output. a.$50; $5 b.$500; $5 c.$500; $50 d.$5,000; $500

Answers

The correct option is b.$500; $5

A farmer sells wheat at a price of $5 per bushel. If the farmer sells 100 bushels, his total revenue is $500 and his average revenue is $5 .it cannot change its quantity of output.

Revenue, which is determined by multiplying the average sales price by the quantity of units sold, is the money made from regular business operations. The top line (or gross income) figure is what is used to calculate net income by deducting costs. Sales are another name for revenue in the income statement.

The amount made per unit of output is referred to as average revenue. In other words, it is the money the seller makes from each commodity unit that is sold. Divide the entire revenue by the total output to get the average revenue for a company.

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. _________________ results when an economy experiences high unemployment and high inflation at the same time

Answers

high prices of goods and the change of currency

Explanation:

the the government loses a huge amount of money the currency demands a high exchanging rate

As a project manager, you choose the best project management methodology for your team and ensure they adhere to it throughout the project. What project management responsibility does this represent?

Answers

The project management responsibility that this represent is helping teammate adopt the right workflows and project management styles.

Who is a project manager?

It should be noted that a project manager simply means the person that is in charge of a project

In this case, the project management responsibility that this represent is helping teammate adopt the right workflows and project management styles.

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In socialism: Multiple select question. individuals own some smaller businesses and property government owns and operates some basic industries such as steel mills, utilities, or transportation citizens rarely work in government-operated organizations. taxes and unemployment tend to be low

Answers

In socialism some of the basic businesses are owned by the government.

What does socialism mean?

A political and economic system known as socialism is, broadly speaking, one in which the state or government typically controls property ownership and the means of production. Socialism is predicated on the notion that a more egalitarian society results from collective or public ownership of resources and manufacturing equipment.

What benefits does socialism have?

Everybody has access to essential goods under the socialist system, even those who are unable to contribute. As a result, the system works to reduce the amount of poverty in the community.

What is socialism's primary objective?

Social equality, a wealth distribution based on one's contribution to society, and an economic system that would benefit society as a whole are among socialism's main goals.

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In socialism some of the basic businesses are owned by the government.

Which is better capitalism or socialism?Contrary to what socialists claim, capitalism, with all of its flaws, has been found to be the most effective economic system for lifting the majority of people out of poverty and transforming them into valuable members of society both in the United States and around the world. Keep in mind that whereas socialism encourages mediocrity, capitalism honors excellence.

What does socialism mean?Generally speaking, a socialist political and economic system is one in which the state or government has control over property ownership and the means of production. Socialism is based on the idea that collective or public ownership of resources and production machinery leads to a more equal society.

What benefits does socialism have?Under the socialist system, everyone has access to necessities, even those who are unable to contribute. As a result, the system attempts to lower the level of poverty in the neighborhood.

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The journal entry for the issuance of an interest-bearing note for the purpose of borrowing funds for the business is

Answers

The journal entry for the issuance of an interest-bearing note for the purpose of borrowing funds for the business is Debit cash.

What is Debit Cash?When a person uses debit cash, money is automatically taken out of their checking account. These cards, which are sometimes known as "check cards" or "bank cards," can be used to make purchases of products or services, withdraw cash from an automated teller machine, or make additional purchases at merchants who will accept them.You might not be able to make a very large purchase using debit cash because they typically have daily spending limits.A personal identification number is typically not required to use a debit card (PIN).

Hence, Debit cash is the journal entry for issuing an interest-bearing note for the purpose of borrowing money for the company.

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A person responsible for the movement of goods within a warehouse or on the factory floor to specific workstations is working in the field of

Answers

A materials handler is the person responsible for the movement of goods within a warehouse or on the factory floor to specific workstations.

What is a materials handling?

This refers to the movement, storage & control of materials or products throughout manufacturing, warehousing, distribution department.

Hence, a materials handler is the person responsible for the movement of goods within a warehouse or on the factory floor to specific workstations.

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A handball of mass 0.10 kg, traveling horizontally at 30 m/s, strikes a wall and rebounds at 24 m/s. What is the change in the momentum of the ball The force of gravity, just as all forces, is an action on an object. Forces appear due to the interactions between pairs of objects. Therefore, for the force of gravity to act on a falling object, there should be another object that, in a sense, is creating that force. Which object is responsible for creating the force of gravity observed on falling objects The movement to fix the problems that resulted from industrialism is calledA. the Open Door.B. progressivism.C. idealism.D. Socialism. The actual half-life of amoxicillin is about 62 minutes. Recall that half-life is the amount of time it takes for a substance to decay to half of its original amount. How long after Haidar gives Aldi his last dose of medication will it take before the amount of medication in Aldi's bloodstream is effectively 0? Describe how you determined your solving method. Using the unique pythagorean triple 5 12 13 as a guide, what is the missing number from the triple x, 48, 52? Candice is managing the recruitment process for open positions at her law firm. What is the best way for Candice to identify a pool of qualified applicants 17. A chef mixed 4.85 lb of white rice with twice as many pounds of brown rice. She then cooked half the amount of the mixed rice. How many pounds of mixed rice did she cook? Give your answer correct to 2 decimal places. How many liters are in 21 cups Ozzie Foster deposits $2,000 at the end of each year (ordinary annuity) into an Individual Retirement Account at Bishop Bank. The account pays 7% compounded annually. a) How much will be in the account in 25 years? b) If Ozzie had deposited the $2,000 at the beginning of each year (annuity due), how much would be in the account in 25 years? A committee specially appointed to iron out the differences between House and Senate versions of the same bill, so it can get to the Governor is called a How did Switzerland remain neutral throughout World War Two? Select the correct answer.Read the introductory paragraph of an argument.What type of claim is the author making?O A.policy claim B.value claim C.fact claimO D.cause claimTechnology: a gateway to learning I need help ASAP! I need this within an hour from now! Jackson has a gift card for $120 to use at a department store. he wants to purchase 2 shirts and 3 pairs of pants with his gift card. if x represents the cost of the shirts and y represents the cost of the pants, what are the domain and range of this relationship? Can someone answer this for me What is used and produced in the Krebs cycle?1. 8 NADH2. 6 CO23. 2 FADH24. 2 ATP5. 2 pyruvatea. producedb. used Fill in the blank with the correct form of connatre or savolr, whichever verb ismore appropriate in this context.Est-ce que tuque ______ Mlissa part en vacances dans les Alpes?A. connaissentB. saitC. saisD. connat five times Lindas age is 85 Simplify.(x + 1) x 2 PLEASE I NEED THIS SO MANY POINTS