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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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Riverbed Company designated Jill Holland as petty cash custodian and established a petty cash fund of $236. The fund is reimburs

11Alexandr11 [23.1K]

Answer:

The journal entry is shown below:

Explanation:

According to the scenario, the journal entries for the given data are as follows:

Petty cash A/c Dr $236

To Cash A/c $236

(Being establishment of the fund is recorded )

Office supplies A/c Dr $94

Misc. Expense A/c Dr $89

Cash Over / Short Dr $22 ( $236 - $31 - $89 - $94)

To Cash A/c $205 ( $236 - $31)

(Being Reimbursement of the fund is recorded)

5 0

3 years ago

On June 30, 2021, Georgia-Atlantic, Inc. leased a warehouse equipment from IC Leasing Corporation. The lease agreement calls for

Mars2501 [29]

Answer:

1. $3,799,988

2. $3,419,989

Explanation:

1. Semiannual lease payment = $468,683

Total semiannual payments = 5*2 = 10

Incremental borrowing rate = 10%, 5% semiannual

Present value of minimum lease payments used to record right to use assets = Semi Annual lease payments * Cumulative PV Factor of annuity due for 10 periods at 5%

= $468,683 * 8.1078 = $3,799,988.0274 ≈ $3,799,988

2. Semiannual payment on 30.06.2021 = $468,683

Pretax amount of liability on 30.06.2021 = ($ 3,799,988.0274 - $468,683) = $3,331,305.0274

Interest expense for 31.12.2021 = $3,331,305.0274 * 5% = $166,565.25137

Semiannual lease payment on 31.12.2021 = $468,683

Pre tax amount for liability December 31, 2021 = $3,331,305.0274 + $166,565.25137 - $468,683 = $3,029,187.2788

Depreciation on right to use assets for 2021 = ($3,799,988.0274 ÷ 5) * (5/10)= $379,998.80274

Pre tax amount of right to use asset to be reported for 2021 = $3,799,988.0274 - $379,998.80274 = $3,419,989.2247 ≈ $3,419,989

5 0

3 years ago

Consider a risky portfolio. The end-of-year cash flow derived from the portfolio will be either $50,000 or $150,000, with equal

kvv77 [185]

Answer:

A. $86,956.52

B. 15%

C.$83,333.33

Explanation:

a) Calculation for how much will you be willing to pay for the portfolio

First step is to calculate the required rate of return on the portfolio using this formula

The required rate of return on the portfolio= Risk Free Return+Risk Premium

Let plug in the formula

The required rate of return on the portfolio=5%+10%

The required rate of return on the portfolio=15%

Second step is to calculate the Expected value of the portfolio

Expected value of the portfolio= 0.5*50,000+0.5*150,000

Expected value of the portfolio =$100,000

Assuming x is the amount you will be willing to pay for the portfolio which means that:

x*(1+15%)=100,000 OR x= $86,956.52

Therefore You would be willing to pay $86,956.52 for the portfolio.

b) Calculation for What will the expected rate of return on the portfolio be

Expected return on the portfolio= (100,000-86,956.52)/86,956.52

Expected return on the portfolio=15%

Therefore the Expected return on the portfolio will be 15%

c) Calculation for What is the price you will be willing to pay now

In a situation where the risk premium is 15%, which means that the required rate of return will be

Required rate of return=5%+15%

Required rate of return=20%

Therefore the price you will be willing to pay= 100,000/(1+20%)

Price=$83,333.33

3 0

2 years ago

On January 1, 2018, Gibson Corporation entered into a four-year operating lease. The payments were as follows: $26,000 for 2018,

Nesterboy [21]

Answer: $19,750‬

Explanation:

The Annual Lease expense is the average of the lease over the 4 year period.

Annual Lease Expense = Total lease expense / number of years

= (26,000 + 20,500 + 18,000 + 14,500) / 4

= 79,000 / 4

= $19,750‬

6 0

3 years ago

The visual enhancement of any drawing through color, value, and texture

emmasim [6.3K]

Answer:

That would be the composition of a work.

Source:

"The arrangement of elements within a work of art."

https://www.tate.org.uk/art/art-terms/c/composition

6 0

2 years ago