1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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.

You might be interested in
Sheridan Company has recently tried to improve its analysis for its manufacturing process. Units started into production equaled
klemol [59]

Answer: $3.40

Explanation:

Based on the information given in the question, the materials cost per unit will be calculated thus:

First, we'll calculate the completed units which will be:

= 18500 - 1400

= 17100

Ending inventory = 1400 units

Equivalent Production Unit with respect to Material = (17100 x 100%) + (1400 x 100%)

= 18500 Units

Material Cost Per Unit will be:

= Total Material Cost / Equivalent Production Unit

= $62900 / 18500

= $3.40 per unit

The material cost per unit is $3.40

7 0
2 years ago
Arron, the CEO of a multinational corporation, believes that effective control in an organization comes from each employee's int
Nataly [62]

Answer:

Arron,the CEO of a multinational corporation believes that effective control in an organisation comes from each employee's internal motivation rather than from authoritarian control from top levels of management.In this scenario.Arron's beliefs are most consistent with <u>Human relations movement.</u>

<u>Explanation:</u> Human relations movement study the behavior of people.This movement originated from Dr .Elton Mayo's Hawthorne studies. According to this movement personal growth and development as well as goal setting for employees is essential for making business successful.

The organisations which overlook personal interest of employees cannot become successful. Hawthorne says that we can motivate the employees more by placing them in a team.

The employees of every organisation must communicate and convey information.They must understand the emotions of other employees.It will help in resolving various conflicts and arrive at the solutions quickly without wasting the time. It will improve relationships.

So human relation movement plays a very optimistic role in the success of a concern because an organisation's real assets are it's human resources.Without work force an organisation stands nowhere.

3 0
3 years ago
Bali Inc. reported $605,800 net income before tax on this year’s financial statements prepared in accordance with GAAP. The co
kodGreya [7K]

Answer:

$669,950

Explanation:

Computation of taxable income

Bali’s net book income before tax$605,800 Excess of book over tax depreciation25,600

Book gain on equipment sale$(23,000)

(53,000-27,400)

Tax gain on equipment sale38,000 15,000

(23,000-38,000=15,000)

Nondeductible loss on sale to related party 23,550

(75,000-51,450)

Taxable income$669,950

(605,800+25,600+15,000+23,550)

Therefore the taxable income will be $669,950

4 0
3 years ago
Switching costs, the number of buyers, and if the items represent a relatively small portion of the cost of finished products ar
Murrr4er [49]

Switching costs, number of buyers, and if the items represent a relatively small portion of the cost of finished products are key considerations regarding the bargaining power of buyers.

Switching costs are the costs which are paid by a consumer as a result of switching brands, suppliers, or products. Some companies may employ high switching costs in order to prevent customers from moving to another brand.

Suppose if the customer purchases large volumes of standardized products from the seller, then the buyer's bargaining power is quite high.  Also, when substitute of a product is available in the market, the buyer power increases.

Hence, most prevailing switching costs are monetary in nature.

To learn more about switching costs here:

brainly.com/question/15561738

#SPJ4

7 0
1 year ago
Equipment costing $16000 is purchased by paying $4000 cash and signing a note payable for the remainder. The journal entry shoul
grigory [225]

Answer:

c. credit to notes payable

Explanation:

Based on the information given we were told that the Equipment which cost the amount of $16000 was purchased by paying the amount of $4000 as cash which means that if the company sign a NOTE PAYABLE for the remainder. The journal entry should include a: CREDIT TO NOTES PAYABLE

5 0
3 years ago
Other questions:
  • A firm might try to increase its market power in order to
    12·1 answer
  • The payment of a portion of the amount initially borrowed of an installment note is referred to as a.principal only. b.interest
    6·1 answer
  • Dana is planning on renovating her kitchen. When she went into a home improvement store, she admired the various model kitchens
    7·1 answer
  • "A Registered Investment Adviser publishes a web-based newsletter. He is approached by a marketing firm for a list of the RIA's
    9·1 answer
  • A shift in the market supply is called a change in quantity supplied. true or false.
    14·1 answer
  • What is not a criterion that influences manufacturing plant or warehouse facility location decisions?
    6·1 answer
  • Elisa ran 34 miles more than Darryl last week. Elisa ran 49 miles. How many miles did Darryl run?
    15·2 answers
  • Enterprise mashup technology does not provide a mechanism to easily customize and share knowledge throughout the company.
    12·2 answers
  • Shout Magazine focuses its marketing efforts on reaching teen-aged girls interested in fashion and celebrity culture. The firm b
    6·1 answer
  • In the early 2000s, easy credit made real estate the investment of choice in the United States. By the end of the decade, howeve
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!