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Karolina [17]
2 years ago
14

A company regularly purchases cleaning supplies from a vendor and orders relatively consistent amounts of the same products on e

ach purchase from the same vendor. This is an example of a(n) ________.
Business
1 answer:
RSB [31]2 years ago
6 0

The answer is straight rebuy.

A straight rebuy is when a client buys the same items in the same amount and on the same conditions from the same supplier.

It refers to a corporate purchasing situation in which the buyer reorders something without making any changes. The buying department normally handles it on a regular basis. "In" providers strive to maintain product and service quality in order to retain business. "Out" providers seek innovative methods to add value or exploit unhappiness in order to get the consumer to consider them.

Therefore, the answer is straight rebuy.

To know more about straight rebuy click here:

brainly.com/question/15347051

#SPJ4

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Which is not a typical job responsibility for a marketing communications manager? A. Creating marketing presentations
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D. adding up purchases and accepting payments has nothing to do with marketing managing.
5 0
3 years ago
On October 31, Year 1, A company general ledger shows a checking account balance of $8,445. The company’s cash receipts for the
slamgirl [31]

Answer:

Balance as per cash book                                                     $ 8,445

Adjustments to be recorded in cash book

Less: Bank Service Fees                                                        $ (  310)

Add: Note receivable                                                             $ 6,600                                                              

Add: Interest earned                                                              <u>$  1,120</u>

Adjusted cash balance                                                       <u>$ 15,855</u>

Balance as per bank statement                                           $ 12,895

Add: Deposits in transit ( $ 74,640 - $ 71,375)                    $  3,265        

Less: Unpresented cheques ( $ 72515- 71270)                   $ (1,245)

Add: Correction of error                                                        <u>$    940</u>

Adjusted bank balance                                                        $ 15,855

Explanation:

For cash book, the adjustments that have to be recorded are the bank service fees, collection of notes and interest.

For bank statements, the adjustments that have to be recorded are the deposits in transits ( collections not deposited). unpresented cheques ( cheques issued but not presented) and the correction of the wrong entry.

3 0
3 years ago
Aeryn Soon is a potential investor of Hippy Dippy Inc.’s preferred stock, which is currently selling for $475 per share. Hippy D
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Answer:

Yes she should purchase this preferred stock.

Explanation:

Return on investment as a percentage = return/capital invested * 100

For Aeryn to decide whether she should purchase this preferred stock, its return on investment should be higher than or equal to 8%. The return on investment of this preferred stock is $40/$475 * 100 = 8.42%, which is higher than her required return therefore she should purchase the preferred stock.

5 0
3 years ago
The Law Firm prepays for advertising in the local newspaper. On January​ 1, the law firm paid for months of advertising. How muc
kupik [55]

Answer and Explanation:

The computation of the advertising expense that should be record for the two month under following basis is

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b. For accrual basis

= $2,000 ×2 ÷5

= $800

In this way, it should be determined

And, the same should be relevant

7 0
3 years ago
Where is market equilibrium located
Lina20 [59]

Answer:

B. at the intersection of supply and demand

Explanation:

Equilibrium is a market condition where there no excess or shortage in demand and supply. It is when the quantity demanded matches the quantity supplied. At equilibrium, buyers and sellers are happy with the prevailing prices.

In a graph showing the demand and supply curve, the equilibrium point is the intersection of the supply and demand curve.  

8 0
2 years ago
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