"Straight rebuy" is business-to-business terms refers to the routine purchase of items that a B2B customer regularly needs.
<u>Answer:</u> Option A
<u>Explanation:</u>
A simple rebuy is the regular buying or reordering of products from a manufacturer that is on a list of approved and time needed. The manufacturers make an effort in a straight rebuy to preserve the product quality and service and simplify the structuring processes, thus act as time saver.
For instance the straight rebuy is purchase of office supplies or bulk chemicals. The amount and requirements of the contract are routine, and the purchase is produced at frequent intervals from the same qualified manufacturer, with no decision making process.
Answer:
The company's income will decrease in $1,500
Explanation:
Giving the following information:
Burlington Company offers to purchase 3,000 units at $9 each. HHI will incur special shipping costs of $2.50 per unit. HHI Company $7 of variable costs.
The company has unused capacity, so we will not have into account the fixed costs.
Total variable cost= 7 + 2.5= 9.5
Selling price= 9
Marginal contribution= -0.5
Effect in income= -0.5*3000= $-1,500
Uhm is there a question or are you just stating this lol
Answer:
Increase current liabilities by $278.25; increase non-current liabilities by $15,900.
Explanation:
Quarterly interest expense = Amount borrowed * (Annual interest rate / 4) = $15,900 * (7% / 4) = $15,900 * 1.75% = $278.25
Since, interest is paid at the end of the second and fourth quarters and principal payments are due at the end of each year, that means both the interest expense and the principal are still liabilities at the end of the first quarters.
It should be noted that a three-year promissory note of $15,900 is a non-current liability since its tenure is more than one year, while the quarterly interest expense of $278.25 for the first quarter is a current liability since it is dues within a year.
Therefore, the effect of this new promissory note on the current and non-current liability amounts reported on the classified balance sheet prepared at the end of the first quarter will be as follows:
Increase current liabilities by $278.25; increase non-current liabilities by $15,900.
The answer & explanation for this question is given in the attachment below.