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Peachtree Windows Has No Windows in Inventory Waiting for Someone

question 125

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Peachtree Windows has no windows in inventory waiting for someone to order them.It does not make a window until it is ordered.It is able to make 27,000 different window configurations.
-Refer to Peachtree Windows.The company promises delivery in five working days because of the excellent relationships it has established with its suppliers.What does this partnering relationship that Peachtree Windows has established with its suppliers and contractors indicate the use of?


Definitions:

Bookkeeper

A person responsible for recording the financial transactions and maintaining the financial records of a business.

Basic Accounting Equation

An equation representing the relationship between a company's assets, liabilities, and shareholders' equity (Assets = Liabilities + Equity).

Transactions

Any business activity that involves the exchange of goods, services, or money between two or more parties.

Total Assets

The sum of all current and non-current assets owned by a business.

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