Below Is a List of Various Balance Sheet Accounts and Their

question 119

Multiple Choice

Below is a list of various balance sheet accounts and their balances. $\begin{array}{|l|r|r|} \hline& {\text { Debit }}&\text { Credit } \\\hline \text { Building } & \$ 100,000 \\\hline \text { Cash } & 2,000 \\\hline \text { Supplies } & 800 \\\hline \text { Furniture } & 2,600 \\\hline \text { Prepaid insurance } & 150 \\\hline \text { Accumulated depreciation-furniture } & & \$ 900 \\\hline \text { Inventory } & & \\\hline \text { Land } & 25,000 \\\hline \text { Accumulated depreciation-building } & & 4,800 \\\hline \text { Accounts rec eivable } & 1,500\\\hline\end{array}$
- What are the total long-term assets that would be shown on the balance sheet?

• A) $127,600
• B) $121,900
• C) $128,400
• D) $96,900

Describe the components and management of supply chains.

Differentiate between various types of supply chain partnerships (e.g., keiretsu, joint ventures).

Evaluate the challenges of local optimization within supply chains.

Understand the principles and advantages of different supplier relationship models, including drop shipments and joint ventures.

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Definitions:

Divisional Sales Revenues

The total amount of money generated from sales activities by a specific division within a company during a given period.

Customer Satisfaction

A measure of how products or services provided by a company meet or surpass customer expectation.

Citrus Juice

The liquid extract from citrus fruits like oranges, lemons, and grapefruits, rich in vitamins and often consumed for its health benefits.

Salad Dressing

A mixture of ingredients like oil, vinegar, herbs, and seasonings applied to salads to enhance their flavor.