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3 years ago

If contracting a vendor for multiple locations, particularly over a wide geographic area, the most important factor would be

Business

1 answer:

OLga [1]3 years ago

5 0

Criteria in contracting a vendor are:

Years in business Ability to constantly supply products. Ability to supply complete requirements. Flexibility to allow changes in orders or product lines. Substantial catalogue of products. Has staff that can answer questions you may have. Testimonials and references. Sustainability and financial stability. Prices. Delivery times. Terms of business. Customer service.

The most important factor to consider in contracting a vendor for multiple locations would be delivery times. You need assurance that deliveries can be made where and when you want them.

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FINISH THIS SENTANCE

Evgesh-ka [11]

When he runs into a old dog who so happens to be a dog that guides blind people.

6 0

3 years ago

The temperature of rinse water in a warewashing machine that uses chemical sanitizing should be between

Law Incorporation [45]

This is the answer:

The temperature of rinse water in a warewashing machine that uses chemical sanitizing should be between 68°F to 100°F.

Hope this helps.

8 0

3 years ago

Balance Sheet

anyanavicka [17]

Answer:

a. current ratio = 1.98

b. average collection period = 32.85 days

c. debt ratio = 35,56%

d. total asset turnover ratio = 1.11 times

e. operating profit margin = 47,50%

f. inventory turnover ratio = 2 times

Explanation:

a. current ratio

Current ratio = Current Assets / Current Liabilities

= 3,075,000 / 1,550,000

= 1.98

b. average collection period.

Average collection period = Accounts Receivable / (Sales / 365)

= 900,000 / (10,000,000 / 365)

= 32.85 days

c. debt ratio.

Debt ratio = Interest bearing debt / Total Assets × 100

= (700,000+2,500,000)/ 9,000,000 × 100

= 35,56%

d. total asset turnover ratio.

Total asset turnover ratio = Sales / Total Assets

= 10,000,000 / 9,000,000

= 1.11 times

e. operating profit margin

Operating profit margin = Operating Profit / Sales × 100

= (4,550,000+200,000) / 10,000,000 × 100

= 47,50%

f. inventory turnover ratio

Inventory turnover ratio = Cost of Sales / Inventory

= 3,000,000 / 1,500,000

= 2 times

7 0

4 years ago

Moss County Bank agrees to lend the Cullumber Company $695000 on January 1. Cullumber Company signs a $695000, 6%, 9-month note.

DiKsa [7]

Answer:

The interest on notes is calculated as follows

Interest payable = Face value of bonds * Interest rate * (Time of maturity / 12 months)

= $695,000 * 6% * 9/12

=$31,275

Cullumber company will pay the face value of the notes as the notes are payable at par, along with interest rate of 6% for the period of 9 months. This will result in outflow of cash, thereby crediting cash account. The liability on account of notes payable and interest payable will be settles, thereby debiting the payable account

General Entry

Date Account Title and Explanation Debit Credit

30 Sep. Notes payable $695,000

Interest payable $31,275

Cash $726,275

(To record the amount to be paid at maturity)

6 0

3 years ago

In the Republic of Sildavia, a market basket of goods and services cost $130 in 2009, $140 in 2010, and $160 in 2011. Based on t

yarga [219]

Answer:

23.07%

Explanation:

For computing the inflation rate first we have to determine the price index for 2011 which is shown below:

Price index for 2011 is

= (market basket of goods and services cost in year 2011) ÷ (market basket of goods and services cost in year 2009) × 100

= ($160) ÷ ($130) × 100

= 123.07%

Now the inflation rate is

= (Price index for 2011 - price index for 2009) ÷ (price index for 2009) × 100

= (123.07 - 100) ÷ (100) × 100

= 23.07%

And, the price index for 2009 is

= ($130) ÷ ($130) × 100

= 100%

4 0

4 years ago