Answer: This miscategorization will impact Morgan's total inventory by making the inventory be $14,000 too high.
Explanation:
The goods that are in transit to the customers FOB shipping point are going to be part the inventory of the customer. This is not the inventory of the company that is selling the goods.
If they are listing the goods with the FOB destination this can then make the goods a part of the sellers inventory. This would result in the inventory being higher than it should be.
Morgan Enterprises' miscategorization of a $14,000 shipment from FOB shipping point to FOB destination means they didn't include something they should have in their inventory, leading to their total inventory being understated by $14,000.
In the context of inventory management, FOB shipping point means that the buyer takes ownership of the goods as soon as they leave the seller's premises. In contrast, FOB destination implies that the seller retains ownership until the goods reach the buyer's location.
Therefore, the $14,000 shipment should have been included in Morgan Enterprises' inventory as it was FOB shipping point. By wrongly classifying it as FOB destination, this means that Morgan Enterprises didn't count something they should have. So in this case, Morgan's total inventory would be understated by $14,000.
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Answer:
Planning.
Explanation:
Planning is the process used by managers to identify and select appropriate goals and courses of action for an organization. The planning function determines how effective and efficient the organization is and determines the strategy of the organization.
Purpose or Importance of planning:
- Leads to economic utilization of resources
- Reduces the risk of uncertainty
- Facilitates decision making
- Encourages innovation and creativity
- It gives direction to managers and non managers alike.
- Planning can reduce the impact of change.
- It minimize waste and redundancy.
- Planning establishes objectives or standards that facilitate control.
c. increases liquidity.
b. reduces risk.
d. increases marketability. Please select the best answer from the choices provided User: An example of an investment account in which contributions can remain tax free over a period of time is a(n)
a. IRA account.
c. savings account.
b. mutual fund account.
d. municipal bond.
Investing in several types of securities reduces risk. The answer is letter B.
An example of an investment account in which contributions can remain tax free over a period of time is a savings account. The answer is letter C.
The correct option is d. All of the above are characteristics of debt financing. Debt financing refers to raising funds by borrowing money, often from banks or other financial institutions. When a company borrows money, it must make regular payments on the loan, which reduces its net income.
Debt financing also increases the return to equity holders, as the cost of debt is generally lower than the cost of equity. When a company takes on debt, it increases its leverage, which means it has a higher level of debt relative to equity.
While debt financing can provide a company with access to funds that it may not have been able to raise otherwise, it also comes with risks. If a company takes on too much debt, it can become difficult to make payments, which can lead to financial distress or bankruptcy.
Therefore, it is important for companies to carefully consider their debt levels and ability to make payments before taking on debt financing. The correct option is d.
To know more about financing refer here:
brainly.com/question/10024737#
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Answer:
Explanation:
When money is said to be accessible, it means that the owner can get to it quickly and easily. This means that the money is very liquid and so can be used in times of emergency.
Examples of accessible money include physical cash, short term investments and checkable deposits at banks. The owners can access these easily and quickly because they either have the money, can sell the investments pretty quickly to get money or can simply withdraw the money from their bank accounts.