Answer the Following Questions.(Show Your Work.)

question 87

Essay

Answer the following questions.(Show your work.)
a.Equipment is purchased for $48,000,to be used for eight years.Assuming zero value at the end of eight years,what is the equipment's carrying value after two years and three months?
b.Prepaid Insurance has an $800 balance prior to adjustment.By year end,one-fourth has expired.What will be the balance in Prepaid Insurance after the adjusting entry has been made?
c.A company purchased $210 in supplies during the year,recorded $120 in Supplies Expense,and ended with $350 of supplies.What was the beginning balance of Supplies?

Identify the creation of various utilities (form, time, place, quantity) in logistics activities.

Recognize the balance necessary between different logistics activities such as warehousing, transportation, and procurement.

Understand the relationship between product characteristics (value, weight density) and logistics costs (packaging, transportation).

Comprehend the role of logistics in creating customer value through time and place utility.

---

Definitions:

Linear Regression Equation

A formula to determine the line of best fit in a dataset, depicting how the dependent variable is influenced by one or more independent variables.

Slope

A measure of the steepness or incline of a line, typically represented as the ratio of the rise over the run between two points on a graph.

Y-intercept

The Y-intercept of a linear equation is the point where the line crosses the Y-axis on a graph, representing the value of the dependent variable when the independent variable is zero.

Correlation

A statistical measure that expresses the extent to which two variables change together, indicating the strength and direction of their relationship.