Ask question

Ask question

All categories

2 years ago

9

Briefly define the term spend as it is used in business purchasing. In a paragraph or two, explain how the Internet has reduced

the spend of many U.S. manufacturing companies.

1 answer:

Phantasy [73]2 years ago

6 0

Answer: check the attached file for the answer

Explanation:

<span class="sg-text sg-text--link sg-text--bold sg-text--link-disabled sg-text--blue-dark"> docx </span>

<span class="sg-text sg-text--link sg-text--bold sg-text--link-disabled sg-text--blue-dark"> docx </span>

You might be interested in

The number of minorities in the workforce is _____. a. diminishing b. increasing c. unchanging d. decreasing

lara31 [8.8K]

Answer:

Option b (increasing) is the correct choice.

Explanation:

Business owners may use statistics on either the minority race demographic to select a representative sample of about there workers with either the aspects of the brand living nearby.
The population group query has also been used to obtain a depend on a number element.

The remaining three options are not relevant to the situation in question. It should be the correct solution to the above.

8 0

3 years ago

Perfect competition is the term used to describe: an industry in which a few price-taking firms produce identical products. an i

Olenka [21]

An industry in which numerous price-taking firms produce identical products.

8 0

3 years ago

When originally purchased, a vehicle costing $23,040 had an estimated useful life of 8 years and an estimated salvage value of $

Novosadov [1.4K]

Answer:

$5,360

(not given in the options)

Explanation:

Depreciation is the systematic allocation of cost to an asset based on estimates. It is given as

Depreciation = (cost - salvage value)/useful life

When originally purchased, a vehicle costing $23,040 had an estimated useful life of 8 years and an estimated salvage value of $1,600

Annual depreciation = ($23,040 - $1,600)/8

= $2,680

After 4 years

Accumulated depreciation = 4 × $2,680

= $10,720

The net book value then

= $23,040 - $10,720

= $12,320

Since the asset's total estimated useful life was revised from 8 years to 6 years and there was no change in the estimated salvage value

New depreciation = ($12,320 - $1,600)/2

= $5,360

The depreciation expense in year 5 equals $5,360

8 0

2 years ago

You have a loan outstanding. It requires making three annual payments at the end of the next three years of $1000 each. Your ban

Shalnov [3]

Answer:

$2722.82

Explanation:

Present value of loan = $1,000 * [(1+5%)^3 - 1]/ 5%

= $1,000 * (1.157625 - 1) / 0.05

= $1,000 * 0.157625/ 0.05

= $1,000 * 3.1525

= $3152.50

The present value of loan before bank restructuring is $3152.

Future value = Cash flow / (1+r)^n

= $3152 / (1+0.05)^3

= $3152 / (1.05)^3

= $3152 / 1.157625

= $2722.82

Therefore, the final payment required to pay to make indifferent for both payment is $2722.82

6 0

3 years ago

Ponzi Products produced 100 chain-letter kits this quarter, resulting in a total cash outlay of $10 per unit. It will sell 50 of

vesna_86 [32]

Answer:

Explanation:

From the given information: we are to:

a) Prepare an income statement for Ponzi for today and for each of the next three quarters. Ignore taxes. (LO1)

An income statement involves depicts the achievement of a certain business over a period of time .

The income statement for Ponzi for today and for each of the next three quarters is as follows:

Quarter 1 Quarter 2 Quarter 3 Quarter 4

Sales $0 $550 $600 $0

(-)

cost of goods 0 $500 $500 $0

sold

Net income 0 $50 $100 0

We will see that in the first and the fourth quarter ; the firm neither pay any cash to purchase goods nor collect cash for sales. Thus ; the cashflow will be zero in those instances and we will consider only the second and the fourth quarter for sales income and production cost.

SO:

Quarter 2 sales = 50 × 11 = $550

Quarter 3 sales = 50 × 12 = $600

(b) What are the cash flows for the company today and in each of the next three quarters?

Cash flow is like a database that helps to keep tracks and records the cash inflows and cash outflows of a financial instrument.

The cash flow in each month is as follows:

Quarter 1 Quarter 2 Quarter 3 Quarter 4

Sales $0 $550 $600 $0

(-)

cost of goods 0 $500 $500 $0

sold

Net income 0 $50 $100 0

Inventories $1000 $500 0 0

Account

Receivables 0 550 600 0

Net working

capital $1000 $1050 $600 0

Change in WC $1000 $50 $450 $600

CashFlow $1000 $0 $550 $600

Hint:

The Cash flow = net income - change in net working capital

The net working capital = Inventory + Account receivables

Quarter 2 sales = 50 × 11 = $550

Quarter 3 sales = 50 × 12 = $600

(c) What is Ponzi’s net working capital in each quarter? (LO1)

The net working capital in each quarter can be illustrated as :

Quarter 1 Quarter 2 Quarter 3 Quarter 4

Inventories $1000 $500 0 $0

Account recei- 0 $550 $600 $0

vables

Net working $1000 $1050 $600 $0

capital

8 0

2 years ago