Issued 56,000 shares of non-par common stock in exchange for $560,000 in cash. Purchased equipment at a cost of $92,000. $23,000 cash was paid and a notes payable to the seller was signed for the balance owed. Purchased inventory on account at a cost of $170,000. The company uses the perpetual inventory system. Credit sales for the month totaled $250,000. The cost of the goods sold was $150,000. Paid $7,500 in rent on the warehouse building for the month of March. Paid $7,750 to an insurance company for fire and liability insurance for a one-year period beginning April 1, 2021. Paid $150,000 on account for the merchandise purchased in 3. Collected $112,500 from customers on account. Recorded depreciation expense of $2,300 for the month on the equipment.

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1. the sum of all activities involved in getting high-quality products into the marketplace

2.operations

3. the principle of looking at the supply chain as a whole in order to improve the overall flow through the system.

4. produced; performed

5. activities producing tangible products, such as radios, newspapers, buses, and textbooks.

6. activities producing intangible and tangible products, such as entertainment, transportation, and education.

7.   customer focus

8. analyzing a competitor's products to identify desirable improvements

9. the systematic direction and control of the processes that transform resources into finished projects that create value for and provide benefits to consumers.

10. operation management.

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answermeasured by how well she or he does the job'; /