Bennett enterprises issues a $675,000, 90-day, 4% note to spectrum industries for merchandise inventory. required: a. journalize bennett enterprises’ entries to record (refer to the company’s chart of accounts for exact wording of account titles): 1. the issuance of the note. 2. the payment of the note at maturity. assume a 360-day year. b. journalize spectrum industries’ entries to record (refer to the company’s chart of accounts for exact wording of account titles): 1. the receipt of the note. 2. the receipt of the payment of the note at maturity. assume a 360-day year.

If kroger had whole foods’ number of days’ sales in inventory, how much additional cash flow would have been generated from the smaller inventory relative to its actual average inventory position? round interim calculations to one decimal place and your final answer to the nearest million.

The face of a company is often that of the lowest paid employees who meet the customers. select one: true false

Emery pharmaceutical uses an unstable chemical compound that must be kept in an environment where both temperature and humidity can be controlled. emery uses 825 pounds per month of the chemical, estimates the holding cost to be 50% of the purchase price (because of spoilage), and estimates order costs to be $48 per order. the cost schedules of two suppliers are as follows: vendor 1 vendor 2 quantity price/lb quantity price/lb 1-499 $17 1-399 $17.10 500-999 $16.75 400-799 $16.85 1000+ $16.50 800-1199 $16.60 1200+ $16.25 (a) what is the economic order quantity for each supplier? (b) what quantity should be ordered and which supplier should be used? (c) the total cost for the most economic order sire is $