WoodCore Inc. produces an entire line of office furniture at its manufacturing facility in the United States and then ships its products for sale to various companies in Europe. WoodCore Inc. is involved in A. outsourcing. B. licensing. C. franchising. D. exporting. E. diversifying.

Answers

Answer 1

Answer: D. exporting

Explanation:

Exporting is the sale of goods to other countries apart from your own even though the goods being sold were produced in your own country.

Exporting works best when the country doing the exporting is capable of producing the goods being exported at a lower price than the country that it is sending to, that way the people in that country have an incentive to buy it over locally made products. WoodCore is producing in the U.S. and selling elsewhere. This is exporting.


Related Questions

g The declaration, record, and payment dates in connection with a cash dividend of $59,400 on a corporation's common stock are July 9, August 31, and October 1. Journalize the entries required on each date.

Answers

Answer:

Dr Retained earnings $59,400

Cr Dividend payable $59,400

August 31 No entry

October 1

Dr Dividend payable $59,400

Cr Cash $59,400

Explanation:

Preparation of the journal entries required on each date.

July 9

Dr Retained earnings $59,400

Cr Dividend payable $59,400

August 31 No entry

October 1

Dr Dividend payable $59,400

Cr Cash $59,400

A popular application of the__________, which is a major business-to-business (B2B) e-commerce model, is e-procurement.

Answers

Answer:

seller-side marketplace model

Explanation:

B2B (business-to-business) is a marketing strategy that deals with meeting the needs of other businesses, by selling products or services to the organizations for resale to other consumers, used in production of goods or for the operation of an organisation.

B2B (business-to-business) model focuses on facilitating sales transactions between businesses.

Under the B2B, the producer sells its products directly to other businesses such as wholesalers or retailers and not the end consumers.

A seller-side marketplace model is a type of business transaction that involves selling goods to the customers of an organization.

One of popular application of the seller-side marketplace model, which is a major business-to-business (B2B) e-commerce model, is e-procurement of goods through the use of internet which eliminates the option of physical buying or procurement.

On December 31, the company estimates future sales refunds to be $900. As of that date, the company has an unadjusted debit balance in Accounts Receivable of $25,000 and an unadjusted credit balance of $300 in Sales Refunds Payable.

Requried:
Write down the necessary adjusting entry.

Answers

Answer:

Date      Account titles and Explanation       Debit    Credit

Dec 31   Sales return and allowance               $600

                     Sales refund payable                                $600

                     ($900 - $300)

              (To record the expected refund of sales)

Giannitti Corporation bases its predetermined overhead rate on the estimated machine-hours for the upcoming year. Data for the upcoming year appear below:
Estimated machine-hours 72,900
Estimated variable manufacturing overhead $ 3.50 per machine-hour
Estimated total fixed manufacturing overhead 838,710
The predetermined overhead rate for the recently completed year was closest to:________.
A. $6.66 per machine-hour
B. $10.50 per machine-hour
C. $8.69 per machine-hour
D. $15.00 per machine-hour

Answers

Answer:

D. $15.00 per machine hour

Explanation:

The computation of the predetermined overhead rate for the recently completed year is seen below;

First, we will calculate the fixed overhead rate.

Fixed overhead rate = Estimated total fixed manufacturing overhead / Estimated machine - hours

Fixed overhead rate = $838,710 / 72,900

Fixed overhead rate = $11.50

Then,

Predetermined overhead rate = Fixed overhead rate + Variable overhead rate

Predetermined overhead rate = $11.50 + $3.50

Predetermined overhead rate for the recently completed year was closest to $15.00 per machine hour

Jillian Diaz receives a regular salary of $1,500 a month and is entitled to overtime pay at the rate of one and one-half times the regular hourly rate for any time worked in excess of 40 hours per week. Diaz's overtime pay rate is a.$6.92. b.$1,800. c.$12.98. d.$276.92.

Answers

Answer: $14.07

Explanation:

The regular salary of $1,500 is based on a 40-hour week.

The rate per hour assuming 4 weeks is:

= 1,500 / (40 * 4)

= $9.38

Overtime rates are one and one-half times the regular hourly rate:

= 9.38 * 1¹/₂

= $14.07

The following is TRUE about Inventory: A. Firms increase inventory because more inventory means more movement of materials B. Firms increase inventory because there is a risk of interruptions in the flow of production due to unreliable or highly variable process outcomes C. Firms increase inventory because more inventory sitting for longer periods of time present more opportunities for damage, errors, rework, theft, and obsolescence D. Firms increase inventory because there is an opportunity cost to holding inventory E. Firms increase inventory because the more we spend on inventory, the more we need to spend on other inventory-related expenditures

Answers

Answer:

B) Firms increase inventory because there is a risk of interruptions in the flow of production due to unreliable or highly variable process outcomes

Explanation:

Brett wants to sell throw blankets for the holiday season at a local flea market. Brett purchases the throws for $15 and sells them to his customers for $35. The rental space is fixed fee of $1,800 for the season. Assume there is no leftover value for unsold units. If he orders 220 and demand is 160, what is the payoff

Answers

Answer: $500

Explanation:

The payoff will be calculated thus:

Revenue = Unit demanded × Selling price = 160 × $35 = $5600

Expenses will be:

= Total purchase expense + Rent

= (220 × $15) + $1800

= $3300 + $1800

= $5100

Payoff will now be:

= Revenue - Expense.

= $5600 - $5100

= $500

Jolene, a sales representative, was worried about her work-related productivity so she made a series of entries in her records to show that she had more sales than she actually did. This is known as _____.
a. defalcation.
b. fraudulent concealment.
c. false entries.
d. forgery.
e. pretexting.

Answers

Answer: False entries

Explanation:

False entries refers to the entries on the books of a company or a bank that is intentionally made as a form of deceit and false misinterpretation.

The intent of false entries is usually to defraud an organization. False entries is a punishable offence by law. Since Jolene recorded sales that was more than what she actually did, this is a false entry.

Entering records that shows that she had more sales than she actually did is called false entries.

What is false entries?

This is the act of fraudulently entering data that does not actually exist on a record.

This is a fraudulent act that can cost her the job when discovered. It shows that she does not have respect for work ethics.

Read more on false entries here: https://brainly.com/question/1757297

Howard Inc. had prepaid rent of $79,000 and $88,000 at the end of Year 1 and Year 2, respectively. During Year 2, Howard recorded $244,000 in rent expense in its income statement. Cash outflows for rent in Year 2 were:

Answers

Answer:

the Cash outflows for rent in Year 2 is $253,000

Explanation:

The computation of the Cash outflows for rent in Year 2 is shown below:

Prepaid rent at year 2 $88,000

Add: rent expense $244,000

Less: prepaid rent in year 1 -$79,000

Cash outflows for rent in year 2 $253,000

Hence, the Cash outflows for rent in Year 2 is $253,000

On May 10, 2020, Marin Co. enters into a contract to deliver a product to Greig Inc. on June 15, 2020. Greig agrees to pay the full contract price of $2,060 on July 15, 2020. The cost of the goods is $1,350. Marin delivers the product to Greig on June 15, 2020, and receives payment on July 15, 2020. Prepare the journal entries for Marin related to this contract. Either party may terminate the contract without compensation until one of the parties performs

Answers

Answer:

May 15, 2020

No Entry

June 15, 2020

Debit: A/R for 2,060

Credit: Revenue for 2,060

Debit: COGS for 1,350

Credit: Inventory for 1,350

July 15, 2020

Debit: Cash for 2,060

Credit: A/R for 2,060

Explanation:

Preparation of the journal entries for Cosmo related to this contract.

May 15, 2020

No Entry

June 15, 2020

Debit: A/R for 2,060

Credit: Revenue for 2,060

Debit: COGS for 1,350

Credit: Inventory for 1,350

July 15, 2020

Debit: Cash for 2,060

Credit: A/R for 2,060

When a firm uses the LIFO inventory cost flow assumption: ____________
a) ending inventory will be greater than if FIFO were used.
b) cost of goods sold will be the same as if FIFO were used.
c) net income will be greater than if FIFO were used.
d) better matching of revenue and expense is achieved than under FIFO.

Answers

Answer:

Answer is D. better matching of revenue and expense is achieved than under FIFO.

Explanation:

The inventory cost flow assumption describes the flow of product cost: from the inventory and to cost of goods sold. When a firm uses the LIFO inventory cost flow assumption: better matching of revenue and expense is achieved than under FIFO.

Alliances are often used to pursue business-level goals, but they may be managed at the corporate level. Explain why this portfolio approach to alliance management would make sense.

Answers

Answer:

mainly because of information

Explanation:

This approach makes sense mainly because of information. Business-level goals are all about performance and profit. Corporate is made up of individuals that are invested in the company itself. They have all the information on what the company wants to accomplish, long-term strategies being used, available resources, etc. Most of this information is closed off to the rest of the company and only available to those in Corporate. This information is what leads to informed decisions which allow for the best, most efficient, and most profitable choices to be made.

The current price of an annual coupon bond is 100. The derivative of the price of the bond with respect to the yield to maturity is -700.The yield to maturity is an annual effective rate of 8%. Calculate the duration of the bond.

Answers

Answer:

The duration of the bond = 7.56 years

Explanation:

Given the current price = 100

DM = -1 x Current derivative price / Current price

DM = (-1 x -$700 / $100)

DM = 7

Now,  D = DM (1 + r)

D = 7 (1 + 0.08)

D = 7.56

The duration of the bond = 7.56 years

Francisco buys five million sheets of paper from a vendor for his printing firm. He is satisfied with the product, and he orders the same quantity from the same vendor every week. This is most likely an example of a(n) ______.

Answers

Answer: Straight rebuy

Explanation:

A straight rebuy is used to describe a situation where a person or company buys the same good, in the same quantity, from the same supplier, on a routine basis.

Francisco here is going to be buying the same quantity of paper from this particular vendor every week. This is the textbook definition of a straight rebuy.

In the following MRP planning schedule for Item J, indicate the correct net requirements, planned order receipts, and planned order releases to meet the gross requirements. Lead time is one week.

WEEK NUMBER

ITEM J 0 1 2 3 4 5
Gross requirements 67 43 63
On-hand 46
Net requirements
Planned order receipt
Planned order release

Answers

Answer:

Planned order receipts

Item 3 - 55

Item 4 - 74

Planned order releases

Item 2 - 55

Item 3 - 74

Explanation:

Planned order receipts are the requirement for each item based on demand. Planned order releases is the finished goods processing time. When finished goods are ready, they are placed at warehouse for order dispatch.

Poorer developing countries which often produce and export primary commodities tend to face unfair _____________________ in relationship to rich countries that produce manufactured (capital) goods. Question 15 options:

Answers

Answer:

Poorer developing countries which often produce and export primary commodities tend to face unfair _______exchange values______________ in relationship to rich countries that produce manufactured (capital) goods.

Explanation:

Unfair exchange value means that rich countries that use the primary commodities of poorer developing countries to produce manufactured goods, especially capital goods, sell the manufactured goods at values that are not real or too exorbitant.  This practice contributes to the unfairness of international trade. It also means that the prices at which the primary commodities are bought form the poorer countries are too low when compared with the prices of the manufactured capital goods sold by rich countries to poorer countries.

What is the impact on cash flow from operations in the current year based on the change in operating assets and liabilities listed below
2 Balance sheets
Prior Year Current Year
4
5 Accounts receivable 1,725 1,825
6 Inventories 1,535 1,785
7 Accounts payable 1,325 1,475
a. -200
b. 0
c. -150
d. 200

Answers

Answer:

The impact on cash flow from operations in the current year based on the changes in operating assets and liabilities is:

a. -200

Explanation:

a) Data and Calculations:

                                Prior Year Current Year   Changes

Accounts receivable     1,725       1,825               $100

Inventories                    1,535       1,785              $250

Accounts payable         1,325       1,475              $150

b) Accounts receivable increased by $100, thereby reducing cash inflows. Inventories increased by $250, thereby reducing cash inflows. Accounts payable increased by $150, thereby increasing cash inflows. The net effect or impact is a reduction of $200 in the cash from operations.

In preparing a company's statement of cash flows for the most recent year using the indirect method, the following information is available:
Net income for the year was $58,000
Accounts payable increased by $18,600
Accounts receivable decreased by $25,600
Inventories increased by $6,200
Depreciation expense was $31,800
Net cash provided by operating activities was:_________.

Answers

Answer:

Net cash provided by operating activities was $127,800.

Explanation:

Net cash provided by operating activities can be calculated as follows:

Net cash provided by operating activities = Net income for the year + Increase in accounts payable + Decrease in accounts receivable - Increase in inventories increased + Depreciation expense = $58,000 + $18,600 + $25,600 - $6,200 + $31,800 = $127,800

Therefore, net cash provided by operating activities was $127,800.

__________aggregate customers' opinions related to products or services that they have purchased and then suggest them to others with the same interest.

Answers

Answer:

Recommendation websites

Explanation:

Recommendation websites aggregate customers' opinions related to products or services that they have purchased and then suggest them to others with the same interest.

These websites make use of customer data based on what they have purchased in the past (product or service) to present to them new/similar products.

You own a stock portfolio invested 30 percent in Stock Q, 14 percent in Stock R, 40 percent in Stock S, and 16 percent in Stock T. The betas for these four stocks are .99, 1.05, 1.45, and 1.90, respectively. What is the portfolio beta

Answers

Answer:

the portfolio beta is 1.33

Explanation:

The computation of the portfolio beta is shown below:

= respective percentage × respective betas

= 0.30 × 0.99 + 0.14 × 1.05 + 0.40 × 1.45 + 0.16 × 1.90

= 0.297 + 0.147 + 0.58 + 0.304

= 1.328

= 1.33

Hence, the portfolio beta is 1.33

The same should be considered and relevant too

Barnes Books allows for possible bad debts. On May 7, Barnes writes off a customer account of $10,600. On September 9, the customer unexpectedly pays the $10,600 balance. Record the cash collection on September 9

Answers

Answer:

1. Debit Accounts recievable $10,600

Credit Allowance for uncollectable amounts $10,600.

2. Debit Cash $10,600

Credit Accounts receivable $10,600

Explanation:

Preparation of the journal entries to Record the cash collection on September 9.

Based on the information given the appropriate journal entries to Record the cash collection on September 9 will be:

September 9

1. Debit Accounts recievable $10,600

Credit Allowance for uncollectable amounts $10,600

2. Debit Cash $10,600

Credit Accounts receivable $10,600

W, Inc. plans to have the same inventories at year end as was in the beginning of the year. The expected total fixed costs for the year are $288000, and the estimated variable costs per unit are $14. The planned number of units to be sold during the year is 60000, and the average unit selling price is $20. The maximum sales level within the relevant range are 70000. Requirements: NOTE: (SHOW ALL WORK) 1. What is the contribution margin ratio

Answers

Answer:

i needd points

Explanation:

lol

The efficiency gains resulting from a just-in-time inventory management system will allow a firm to reduce its level of inventories permanently by $333,000. What is the most the firm should be willing to pay for installing the system

Answers

Answer:

Since the benefits of adopting a just-in-time inventory management system are $333,000, and these benefits are permanent; then we can assume that the company should be willing to pay up to $333,000 for installing the system. This amount varies depending on maintenance expenses or the costs of operating the system.

Explanation:

g For a closed economy, when net capital outflow is measured along the horizontal axis and the real interest rate is measured along the vertical axis, net capital outflow is drawn as a: Group of answer choices line that slopes up and to the right. horizontal line at the world real interest rate. line that slopes down and to the right. vertical line at 0.

Answers

Answer:  vertical line at 0.

Explanation:

In a closed economy, investments from other countries do not come in and the country does not invest in other countries. This means that capital is neither flowing in nor out.

Net capita outflow is the difference between capital flowing in and capital that is flowing out. If there is no capital flowing in nor out then net capital outflow will be 0. On the graph described, net capital outflow will therefore be zero for all real interest rates which will create a vertical line at 0.

Cross-training occurs: Group of answer choices when employers need to enhance the effectiveness of training by reducing employees' job duties. when e-learning is used as the primary mode for delivering the content of a training program. when the training takes place outside the employing organization. when people are trained to do more than one job.

Answers

Answer:

When people are trained to do more than one job

Explanation:

Cross-training

This is simply defined as a type of training usually in diverse areas so as to improve the overall performance

It uses the good qualities or effectiveness of each training method and combining them to remove the limitations of each method.The origin of cross-training is the said to be triathlon which came about in the 1970s.

Its aims specifically is to combine exercise in which five components of fitness cardiorespiratory endurance, muscular strength, muscular endurance, flexibility, body composition.

Cross training uses more than one type of training such as

•Fartlek training on Tuesdays

• Circuit training on Thursdays

• Weight training on Saturdays

Advantages of Cross training

1. It is very good if an individual is involved.

2. It has more than one activity

3. It is an activity that is made up of different types of events etc.

A company borrowed $19,000 by signing a 180-day promissory note at 10%. The maturity value of the note is: (Use 360 days a year.)

Answers

Answer:

$950

Explanation:

Calculation to determine what The maturity value of the note is:

Maturity value of the note=$19000*10%*180/360

Maturity value of the note=$950

Therefore The maturity value of the note is: $950

n a make or buy decision, management should consider: (Check all that apply.) Multiple select question. Employee morale product quality Available capacity Sunk costs Incremental costs Existing sales

Answers

Answer:

Sunk cost

Explanation:

Sunk cost is the cost that are already spent and now it is not recovered. We can called as the past cost also. Moreover it is not relevant for the decision making purpose. It includes the expenses like depreciation, rent, etc

So as per the given situation all cost are considered for making or purchasing decision but not the sunk cost

Answer:

Employee morale

Product quality

Workload

Incremental costs

Explanation:

Buying goods or services from an external supplier is called outsourcing. The decisions to make or buy depends on the cost of each alternative.

Suppose that $1 lottery tickets have the following probabilities and values: 1 in 5 to win a free ticket (worth $1), 1 in 100 to win $5, 1 in 100,000 to win $1000, and 1 in 10 million to win $1 million. What is the expected value of a lottery ticket to the consumer

Answers

Answer:

$0.36

Explanation:

Expected value of the lottery ticket = (p1 x a1) + (p2 x a2) + (p3 x a3) + (p4 x a4)

p1 = probability of winning $1 = 1/5 = 0.2

a1 = $1

p2 =  probability of winning $5 = 1/100 = 0.01

a2 = $5

p3 =  probability of winning $1000 = 1/100,000 = 0.00001

a3 = $1000

p4 =  probability of winning $1 million = 1/10,000,000 = 0.0000001

a4 = $1 million

(0.2 x 1) + (0.01 x 5) + (0.00001 x 1000) + (1,000,000 x 0.00001) = $0.36

What percentage of authorized shares was issued by Coca-Cola at December 31, 2015, and by PepsiCo at December 26, 2015

Answers

Answer:

December 26

Explanation:

Because Pepsi Co is buy

The Bretton Woods system ended when: A. several countries tied the value of their currencies to the U.S. dollar.
B. the United States decided to stop backing the U.S. dollar with gold reserves C. the United States experienced its second Industrial Revolution
D. the gold standard became more popular in countries around the world​

Answers

Answer:

B

Explanation:

There is no other answer but B. That was Nixon's doing. He took the American dollar off the Gold system. Gold in 1980 eventually went from 35 dollars to 800 which is a stupendous move. Many people, unfortunately for them, bought at the top and it took 31 years (I think) for them to recover their money.

Answer:

B

Explanation:

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