Answer:
By formation of legally binding contract.
Explanation:
Contacts are a good way for procuring inputs that have well-defined and measurable quality specifications and require highly specialized investments. Because of the high quality expected in the goods procured, having a legally enforceable contact will make the vendor provide high quality products that meets required specifications.
However when contracts dictate a particular price, so if the market price of input were to go down we will still be obligated to buy at the higher price from the vendor.
Answer:
$1040.56
Explanation:
A bond is debt instrument issued by a borrower which promises to pay the holder regular interest for the holding period and the terminal value at the end of the period.
According to the discounted cash flow model, the value of an asset is the present value of the future cash flows arising from the assets discounted at the required rate of return.
Present value is the worth today of an amount expected in the future.The process of calculating the present value is called discounting
To calculate the price of this bond, we shall discount the future cash flows using the required return of 8% per annum, which is the same as 4% per six-month
Interest payment per 6 month = (9% × $1000)/2= $45
PV of interest payment = 45 × (1- (1.04)^(-2×5))/0.04)= 364.995
PV of redemption value = 1000 × 1.04^(-2× 5) = <u>675.56</u>
Price of the bond 1<u>040.56</u>
Answer: Expatriate, third country national.
Explanation: An international employee is an individual who is employed to work in a company that is not in his country of origin.
International workers are most times referred to as expatriates. Expatriates are people who live and work in a country which is not their country of origin.
A third country national is an individual living in a country foreign to his, and applying for a visa to migrate to another foreign country. A third country can also fill in the category of an international worker.
Answer:
Explanation:
New machine cost =160,000
Annual cash operating cost = 14,000
Disposal value = 32,000
Calculations:
Original cost of New Machine 160,000
Total Annual cash operating costs 70000 [14000*5
]
Less: Disposal value of Old Machine (32,000)
Total relevant costs if the new machine is purchased 198,000
Answer and Explanation:
The journal entry is shown below:
Notes Receivable, Dame Company $4,945
To Accounts Receivable, Dame Company $4,945
(Being the note receivable is recorded in settlement of the account receivable)
Here the note receivable is debited as it increased the assets and at the same time the account receivable is credited as it decreased the assets. Also the assets contains normal debit balance
