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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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The master budgeting process typically begins with the sales budget and ends with a cash budget and:
Serhud [2]

Answer:

Budgeted financial statements

Explanation:

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On september 1, knack company signed a $50,000, 90-day, 5% note payable with central savings bank. what is the journal entry tha
shepuryov [24]
<span>The Journal entry upon the 90 days (1/4 using 360 days a year) maturity at 5% rate should be $50,000 plus the Interest (I). Let Journal Entry upon Maturity be J Where J = Initial Signed Note + Initial Signed Note * Rate * Time Which is also written as J = Initial signed Note (1 + Rate * Time) Therefore J = 50,000 (1+5/100*1/4) = 50,625</span>
5 0
3 years ago
According to your lecture notes, which professional sports league has the highest average fan cost index?
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3 0
3 years ago
Samuel's full retirement age is 65 years old and his monthly benefit at that age is $1,000. According to the Social Security Adm
Marina86 [1]

Answer:

Assuming that Samuel's retiring age is exactly 65 years old, and he starts collecting benefits 24 months before his full retirement age (exactly on his birthday number 63), then he will receive $867 per month (or 86.7% of his full benefits).

This calculation varies depending on the number of months, e.g.

months before full retirement age                   % of full retirement benefit

24                                                                     86.7%

23                                                                      87.2%

22                                                                      87.8%

21                                                                      88.3%

20                                                                      88.9%

19                                                                      89.4%

18                                                                      90.0%

17                                                                      90.6%

16                                                                      91.1%

15                                                                      91.7%

14                                                                      92.2%

13                                                                      92.8%

8 0
3 years ago
When a business sells more than one product at varying selling prices, the business's break-even point can be determined as long
makvit [3.9K]

Answer: c. there is no limit

Explanation: There is no limit to the number of products sold at varying prices when determining the business's break-even point. The break even point is defined as that volume of production where total costs (fixed and variable costs) equals total sales (revenue) resulting into a no-profit no-loss situation.  As a result, when output falls below that point there is loss; and if output exceeds that point there is profit.

6 0
3 years ago
Read 2 more answers
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