Which member of the buying team helps determine the priorities to be addressed when making the purchase decision and expresses their opinions regarding potential solutions? a. purchaser b. None of these answers are correct. c. gatekeeper d. decider e. influencer
Q: The data for an investment center is as follows: Current Assets Plant Assets January 1, 2022 $…
A: Current assets are assets in the form of cash or can be converted into cash within a year. Total…
Q: Your small remodeling business has two work vehicles. One is a small passenger car used for job-site…
A: Net Saving : Saving in the cost reduction, in comparison with the current cost and upgraded cost.
Q: The balance in the Prepaid Insurance account before adjustment at the end of the year is P7,200…
A: Adjusting Entry – Adjusting Entries are the entries that make the accrual principle work for the…
Q: English company operates two segments, the Reading Segment, and the Language Segment. Reading…
A: Transfer pricing is a mechanism where prices are set for internally transferred goods and services.…
Q: Required information ($ thousands) Net sales Cost of goods sold Current Year $ 885,182 396,513…
A: A trend Percentage, commonly referred to as an "index number," can be used to compare financial data…
Q: 1. Materials are added at the start of the process in the first department of JG Manufacturing…
A: Disclaimer: “Since you have asked multiple questions, we will solve the first question for you. If…
Q: a critical evaluation of the accounting function in informing social needs and expectations
A: Answer:- Accounting meaning:- Accounting is the practice of keeping track of a company's financial…
Q: 27. SM Company found that the difference in product costs resulting from the application of…
A: As per the Honor code of Bartleby we are bound to give the answer of first part only, please post…
Q: On January 1, 2021, Aloha Co. received the following note: Face amount…
A: Notes receivables are claims supported by formal promise to pay usually in the form of notes. Non…
Q: Why has the current 10-yr US Treasury changed from 2.79% in August to 3.51% now? Why is it…
A: The current 10-year US Treasury has changed from 2.79% in August to 3.51% now due to an increase in…
Q: Note Your answers may differ from those offered below due to rounding error in all cases, select the…
A: Pariculars Actual units % of completion Equivalent units Completed during the period 4400 100%…
Q: Sky Limited is going into the manufacture of Smart Vehicle Tracking Device (SVTD) particularly…
A: Capital investment decisions are very important as they are critical for any business entity's…
Q: If a lawyer refuses to furnish corroborating information regarding litigation, claims, and…
A: The correct answer is: (C) consider the refusal to be a scope limitation. The auditor would…
Q: All techniques, conflicting rankings Nicholson Roofing Materials, Inc., is considering two mutually…
A: The question has asked to compute the NPV, payback period, and IRR. Capital budgeting decision:…
Q: Distinguish between lapping and kiting. Describe audit procedures that can be used to uncover each.
A: Fraud is an important aspect that accountants and auditors keep an eye on and try to reduce and…
Q: Prove the ending balances in these accounts at December 31 by listing the beginning balance and all…
A: Dividend: A dividend is a reward paid out of a company's net profits to the shareholders for…
Q: Lenlen Corporation produces a product through a continuous process in two departments. Materials in…
A: For normal loss discovered at the beginning, the cost of units received from department A and…
Q: The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall…
A: Ratio Analysis -The ratio is the technique used by the prospective investor or an individual or…
Q: Which of the following accounts cannot be found in the post-closing trial balance? Land Capital…
A: POST CLOSING TRAIL BALANCE Post Closing Trail balance is represented the Ending Balance of all…
Q: The following is the post-closing trial balance for the Whitlow Manufacturing Corporation as of…
A: A trial balance is the financial report of an organization that represents the ending balances of…
Q: Write the method used to identify whether the interest is compounded annually or at some other…
A: Interest indicates the additional amount to be paid or received in consideration of the principal…
Q: A Phil took $60,000 coronavirus -related distribution from his qualified retirement plan in 2020…
A: As per the guidelines of the CARES Act, special distribution schemes are made available for…
Q: The Wyeth Corporation produces three products, A, B, and C, from a single raw material input.…
A: The correct answer is: (C) Processed further and then sold The decision to process product A…
Q: A study has been conducted to determine if Product A should be dropped. Sales of the product total…
A: AVOIDABLE FIXED COST Avoidable Fixed Cost are Costs you are not required to Incurred if the…
Q: The difference between the monthly payments on a $120,000 mortgage at 6 ½% and at 8% for 25 years…
A: EMI = [P x r x (1+r)n / (1+r)n - 1] Present Value = $120,000 Time period = 25 years or 300 months
Q: During its first year of operations, Vader Corp. issued 15,000 shares of its $1 par common stock f…
A: Common stock account is based on the par value of common shares issued. Common stock is not reduced…
Q: A $7,000, 4%, 120-day note dated March 20 is discounted on July 15. Assuming a 3% discount rate, the…
A: Answer The value of an notes payable = $7000 + ( $7000 × 4% × 120/360) $7093.33 Total…
Q: 10) The ABC partnership has the following capital accounts on its books at December 31, 2017: Credit…
A: A partnership is a style of business in which two or more people formally agree to be co-owners,…
Q: Explain why profit should be reconciled to net operating cash flows. Give examples from this…
A: Profit is reconciled to Net operating cash flows to determine the actual cash flows from operations.…
Q: On March 12, Bill Jones accepted a $12,000 note in granting a time extension of a bill for goods…
A: Answer Correct option is = 2 nd option = $12163 Explanation : Maturity value on notes =…
Q: Other than 1040, what other forms need to be completed?
A: Schedule A: This is one of the schedules accompanying Form 1040. This schedule is used by filers to…
Q: Required information [The following information applies to the questions displayed below) Incentive…
A: STATEMENT OF SHAREHOLDERS EQUITY Statement of Changes in Equity is Also Known as the Statement of…
Q: Statement 1: The worksheet of a merchandising entity has more accounts than that of a service…
A: Financial Statement - Financial Statements includes Income Statement, Statement of Retained Earnings…
Q: insky owns a new Volvo. His June monthly interest is $400. The rate is 8 ½%. Matty's principal…
A: Given Monthly interest = $400 i=8.5% pa or 0.71% per month n =30 days
Q: The following data relate to the operations of Picanuy Corporation, a wholesale distributor of…
A: The cash budget is the estimate of inflows and outflows within a specific period, as well as the…
Q: Barbie and Ken agrees to lend Dora money in exchange of monthly payments of P= P 5,000 begin- ng…
A: Please Note: As per guidelines, only first three sub parts of single problem is to be solved in…
Q: Public goods have the following characteristics Orivaled Oexcludable Onon-excludable Olow social…
A: Different type of goods provide different economic benefit and private and public goods and to the…
Q: The Pan American Bottling Company is considering the purchase of a new machine that would increase…
A: The Pan American Bottling Company is considering the purchase of a new machine that would increase…
Q: Which of the following will be debited in a closing entry? Withdrawals Depreciation Transportation…
A: Journal Entry :— It is an act of recording transaction in books of account when transaction…
Q: 3. Laura Company carried a provision of P2,000,000 in the draft financial statements on December 31,…
A: As per Indian Accounting Standard (Ind AS) 37 - Provisions, Contingent Liabilities and Contingent…
Q: he maximum amount a taxpayer may claim for the lifetime learning credit is: O $2,000 per return.…
A: Disclaimer: “Since you have asked multiple questions, we will solve the first question for you. If…
Q: 4) Create a budget on a spreadsheet supposing you earn $45,000 a year
A: Budget is the estimation of revenue and expense prior to start the operation. To manage the working…
Q: The following information is relevant: 1. On 31 March 2010 Harcourt plc made a 1 for 5 rights issue…
A: ANSWER : No. of right share issued= No. of ordinary shares*(1/5)= 40lakh*(1/5)= 8lakh if conversion…
Q: Are the following statements true or false? 1) Life cycle costing assesses a product's profitability…
A: Life cycle costing: Life cycle costing is a system that identifies and accumulates, the actual costs…
Q: Jordan Company is considering investing in two new vans that are expected to generate combined cash…
A: (a) CALCULATION OF NET PRESENT VALUE (NPV) A Present Value of Cash Inflows ( Van Combined…
Q: Dunbrook Travel, Inc. acquired an 80% interest in Ocean Cruises on December 31 for $970,000.…
A: In relation to its investment, return on investment is a proportion of net income. It is a…
Q: Ben Brown bought a home for $225,000. He put down 20%. The mortgage is at 6 ½% for 30 years. Using…
A: Total Present Value = $225,000 Down payment = 20% EMI = P x r x [(1+r)n / (1+r)n - 1]
Q: The restaurant projected 3,000 lunches to be sold for September at an average price of $5.50. The…
A: The variance arises when there is difference between actual results and budgeted results. The result…
Q: Exercise 8-16 (Static) Record warranties over two years (LO8-5) Lindy Appliance begins operations in…
A: The date, the amount to be credited and debited, a brief description of the transaction, the…
Q: Quebec. She gets together with them often. She wants to purchase a new aerobic trainer and would…
A: The decision regarding the purchase of any item depend on the manufacture that need to be considered…
J.
Step by step
Solved in 2 steps
- A transfer pricing structure that considers the opportunity costs of selling to internal rather than external customers uses_______. A. the cost approach B. the general transfer pricing approach C. the market-based approach D. the opportunity cost approachWhat is frequency regarding the make or buy decision?Postpurchase dissonance is a function of a. None of the mentioned b. The difficulty of choosing among the alternatives c. The degree of commitment or irrevocability of the decision d. All of the mentioned e. The importance of the decision to the consumer
- Harrison Company determines that an opportunity cost of an alternate course of action is relevant to a make-or-buy decision. Which statement is true of the opportunity cost? should be ignored if it does not involve a cash outlay should be added to the "buy" costs should be subtracted from the "make" costs should be added to the "make" costsIdentify any two potential drawbacks that purchasing manager could face given their choice of sourcing method.Identify and explain other factors that Gibson should consider before deciding whether to adopt JIT purchasing.
- Explain how the lower of cost and net realizable value rule is applied to purchase commitments.How would you explain Valuation Principles and Law of One Price in simple language to someone without any financial background?A common mistake that can occur in valuing a target would be: Group of answer choices Applying the acquirer’s growth rate in revenues to the target’s sale levels. Applying the acquirer’s cost of capital in the target’s evaluation equation. Applying the acquirer’s price-earnings ratio to the target’s earnings. All of these choices.
- Answer true or false to the follwoing statement, and explain “ Purchasing Power Parity (PPP) theory fails to explain the facts.”Give an example on the Sell or process further and solve itWhich of the following does NOT accurately describe the requirements to apply relative valuation? a. The market value of the comps should be available. b. The valuation object should be compared with similar firms, preferably in industry, size, market and other measures. c. The market value of the valuation object should be available. d. The prices of the comps should be standardized, meaning a price ratio instead of the absolute price value should be compared.