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julia-pushkina [17]
3 years ago
14

The Eagle Pawn Company is a regional business that owns seven pawn stores in the Houston area. The owners of Eagle Pawn have rec

ently purchased a new software system designed to better track their inventory. Now that they have had the system for a couple of months, they have decided to upgrade to a newer version. The original purchase is an example of a(an) ________, while the current purchase will be a(an) _____.
Business
1 answer:
AysviL [449]3 years ago
8 0

Answer:

The original purchase is an example of a(an) <em><u>New Buy/Purchase</u></em>, while the current purchase will be a(an) <em><u>Modified rebuy</u></em>.

Explanation:

New Buy: When a company purchases a new good or service for the first time to implement, it refers to a new buy. Since the Eagle Pawn Company has purchased a new inventory tracking software for the first time to monitor the inventory control, that purchase is an example of a new buy.

Modified Rebuy: Modified rebuy defines the state of upgrading a product to maximize its production. Since the Eagle Company has updated a newer version, they have modified their rebuy. It takes less time, and it is not challenging at all.

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Which of the following statements is true of effective business communication? Group of answer choices The communication is most
Basile [38]

Answer:

The speaker should seek and understand feedback from the speaker's audience

Explanation:

Business communication is defined as the exchange of information among people in an organization that seek to promote the aims, goals and objectives of the organization . It also refers to how information is shared to consumers in order to promote its products for profit increase.

Business communication is said to be effective when the speaker seek and understand feedback from it's audience. This helps management to effectively discharge their duties in the organization.

Effective communication is that which must be complete, correct and factual. It must provide clarity where necessary. It must be concise and there must be an element of creativity .

3 0
3 years ago
Stories Company purchased equipment and these costs were incurred:Cash price $22,500Sales taxes 1,800Insurance during transit 32
Harrizon [31]

Answer:

d. $25,050.

Explanation:

The computation of the acquisition cost is shown below:

= Cash price of equipment + sales tax + Insurance during transit + Installation and testing

= $22,500 + $1,800 + $320 + $430

= $25,050

To find out the acquisition cost, we have to consider all that cost which is related to the purchase of equipment. Since, all the costs are related, so we have to take all costs which are mentioned in the question.

4 0
3 years ago
During January, 7,000 direct labor hours were worked at a standard cost of $20 per hour. If the direct labor rate variance for J
igor_vitrenko [27]

Answer:

$17.50

Explanation:

Given that,

Direct labor hours = 7,000

Standard cost = $20 per hour

Direct Labor Rate Variance = $17,500 Favorable

(Standard Rate - Actual Rate) × Actual Hours = $17,500 Favorable

(20 - Actual Rate) × 7,000 = $17,500 Favorable

140,000 - 7,000 Actual Rate = $17,500 Favorable

Therefore,

7,000 Actual rate = (140,000 - $17,500)

Actual rate = 122,500 ÷ 7,000

                  = $17.50

8 0
3 years ago
1. Why do you think savings, scholarships, and state aid are good “preparation"
valentina_108 [34]

Savings, scholarships and state aid are good preparations steps for one to take before applying for federal financial aid because They help one to

save enough money to be able to pay for college and also prevent serious debt after graduating.

Financial intelligence is a vital and indispensable virtue one must cultivate,just like the question stated, before going high as to seek federal aid,it is imperative to start from savings, scholarships and state aid because those can help you after graduating and not put you through serious debt after graduating.

If you must apply for federal aid,that implies that you have tried other better, easier means and all proved abortive and the only option that is left is the federal aid.

And while on federal aid,plans must be made on the means to pay back all sorts of financial issues so that once graduated,the financial burden will be minimal.

4 0
3 years ago
A manufacturer of disposable foam products entered into a written contract with a take-out restaurant to sell them 5,000 disposa
saveliy_v [14]

Answer:

Option B

Explanation:

Since the contract did not mentioned any thing about the retuning of containers that were not defective, it becomes the obligation of the buyer to pay the final delivery amount on the basis of Good-faith modification.

Hence, option B is correct

3 0
3 years ago
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