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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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The Wildhorse Company has disclosed the following financial information in its annual reports for the period ending March 31, 20

kiruha [24]

Answer: $535,251.25

Explanation:

Cash flow to investors from operating activities is calculated by:

= EBIT + Depreciation - Taxes

EBIT = Sales - Cost of goods sold - Depreciation

= 1,484,000 - 803,000 - 175,000

= $506,000

Taxes = Tax rate * (EBIT - Interest)

= 35% * (506,000 - 89,575)

= $145,748.75

Cash flow to investors = 506,000 + 175,000 - 145,748.75

= $535,251.25

3 0

3 years ago

Assumes ABC Company had 50 units in beginning Finished Goods Inventory and sold 1,213 units. Additional data includes: Units pro

worty [1.4K]

Answer:

Dollar amount of ending Finished Goods Inventory = $1,073

Explanation:

The first step is to calculate the cost per unit.

Using absorption costing, the cost of one unit is

Cost per unit = direct materials + direct labor + variable manufacturing overhead + fixed manufacturing overhead per unit.

$Cost = 12 + 8 +2 + 7\\Cost = 29$

Now, the number of units left in inventory should be defined

Finished Goods Inventory (FGI) = Beginning Finished Goods Inventory + Units produced - units sold

$FGI = 50 +1200 - 1213\\FGI = 37$

The dollar amount of ending Finished Goods Inventory is FGI multiplied by the cost per unit.

$37*29 = 1,073$

3 0

2 years ago

P. Jameson Co. sold $500 of merchandise on Master Card credit sales. The net cash receipts from the sale are immediately deposit

Alchen [17]

Answer:

The journal entry would be as follows:

Account Debit Credit

Cash $480

Sales Revenue $500

Credit Card Expense $20

The Credit Card Expense corresponds to the 4% fee that Master Card charged P. Jameson Co. ($500 x 20% = $20)

4 0

3 years ago

In the past year, TVG had revenues of $3 million, cost of goods sold of $2.5 million, and depreciation expense of $200,000. The

beks73 [17]

Answer:

TVG

Times Interest Earned Ratio (TIER) = Earnings Before Interest & Taxes divided by Interest Expense

= $300,000/$$80,000 = 3.75 times

Explanation:

a) TVG Income Statement:

Revenue $3,000,000

Cost of goods sold 2,500,000

Gross profit $500,000

Depreciation 200,000

EBIT $300,000

Interest Expense 80,000

Pre-tax Income $220,000

b) TVG's TIER shows the number of times that its earnings before interest and taxes covers the interest expense. It shows the ability of the TVG to settle its maturing debt obligations from current earnings. It is an important financial performance measure which potential investors in TVG will use to gauge the ability of TVG to meet financial obligations from the earnings it generates.

5 0

3 years ago

Data concerning Dorazio Corporation's single product appear below:

Reika [66]

Answer:

30600 less 25 000 = 5600

increase in net income

Explanation

1400 units 1000 units

sales 224 000 160 000

(1400*160) (1000*160)

variable costs (106 400) (48 000)

(1400*76) (1000*48)

contribution margin 117 600 112 000

fixed costs (87 000) (87 000)

net operating income 30 600 25000

6 0

2 years ago