The Electronic Data Interchange is the element of supply chain management that enables the business partners to send and receive information on business transactions.
<h3>What is an
Electronic Data Interchange?</h3>
This refers to the electronic interchange of business information which a company sends to another company, individual, stakeholders etc.
Hence, this is element of supply chain management that enables the business partners to send and receive information on business transactions.
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Answer:
5.32 years
Explanation:
Particulars Amount
Sales $16,700
Less: Expenses <u>$7,300</u>
Profit before tax $9,400
Less: income tax <u>$3,760</u>
Net income $5,640
Add: Depreciation <u>$4,700</u>
Annual Cash flow <u>$10,340</u>
So, the payback period for the new machine = Total investment/Annual cash flow = $55,000 / $10,340 = 5.319148936170213 = 5.32 years
A motive is a reason for doing something, so A
The accountant have upon retirement $336,509.63
What is the future value of an annuity?
The accumulated balance in the accountant's retirement account upon retirement is the future value of $6,000 invested for 3 years earning 4% annual rate of return using the future value formula of an ordinary annuity as shown below:
FV=PMT*(1+t)^N-1/r
FV=accumulated balance after 30 years=unknown
PMT=annual investment=$6,000
r=rate of return=4%
N=number of annual investments in 30 years=30
FV=$6000*(1+4%)^30-1/4%
FV=$336,509.63
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Answer and Explanation:
The computation of the incremental net income is shown below:
<u>Particulars Sell Process Further Incremental Net income
</u>
Sales $20,000.00 $50,000.00 $30,000.00
(10,000 units × $2) (10,000 × $5)
Less:
Additional
Processing cost $18,000.00 $18,000.00
Total $20,000.00 $32,000.00 $12,000.00
