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nirvana33 [79]
3 years ago
14

Younjin is a purchasing agent for Acme Enterprises. One of the products she is responsible for is the copier paper for the compa

ny's copiers. The company makes lots and lots of copies so they use more than 60 cases of copier paper each week. Younjin will probably treat copier paper as a ____________ decision?
Business
1 answer:
11111nata11111 [884]3 years ago
5 0

Answer:

Straight rebuy

Explanation:

When a purchasing agent performs a straight rebuy, he/she is in a situation where the same products or services are bought over and over again on a relatively steady basis.

The products and services purchased are also simple and common products or services, nothing very complex or specialized that requires looking for new information or investigating who the best vendor might be.

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Linda sells 100 bottles of homemade ketchup for $10 each. The cost of the ingredients, the bottles, and the labels was $700. In
son4ous [18]

Answer:

c. $300; negative $100

Explanation:

Accounting profit is total revenue less total cost or explicit cost.

Accounting profit = Total Revenue - Total cost

Total revenue = price x quantity

100 × $10 = $1,000

Total cost = $700

Accounting profit = $1000 - $700 = $300

Economic profit is accounting profit less implicit cost or opportunity cost.

Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.

Implicit cost = $20 × 20 = $400

Economic profit = $300 - $400 = $-100

I hope my answer helps you

5 0
4 years ago
Congratulation! You just won $10 million in the lottery. But instead of squandering your newfound wealth on luxury goods and a l
Fudgin [204]

Answer:

Distinguish among different types of financial institutions.

Explanation:

7 0
3 years ago
What does a store's buyer do?
olga2289 [7]

Answer:

B) Retail buyers are mainly in charge of planning, selecting, and buying merchandise for retail establishment resale purposes, they select and purchase products sold in retail stores.

3 0
3 years ago
Assume a project will increase inventory by $61,000, accounts payable by $28,000, and accounts receivable by $36,000. what is th
masha68 [24]

The initial net working capital requirement for this project exists $69,000.

<h3>What is meant by net working capital?</h3>

The difference between a company's current assets such as cash, accounts receivable/unpaid invoices from customers, and inventories of raw materials and completed goods and its current liabilities such as debts and accounts payable is known as working capital, sometimes known as net working capital (NWC).

The difference between a company's current assets and current liabilities is known as net working capital. A company's balance sheet is used to calculate net working capital. The more net working capital you have, the more probable it is that your business will be able to pay its present commitments.

net working capital requirement = $61,000 − 28,000 + 36,000

net working capital requirement = $69,000

The initial net working capital requirement for this project exists $69,000.

To learn more about net working capital refer to:

brainly.com/question/26214959

#SPJ4

8 0
2 years ago
The Cinci Company issues $100,000, 10% bonds at 103 on April 1, 2020. The bonds are dated January 1, 2020 and mature eight years
Snezhnost [94]

Answer:

$101,593.75

Explanation:

Total amortization period  = 8 Years = 8 x 12 = 96 months

Number of months of Amortization =  9 months in 2020 + (3*12 months) till 2023 = 9 months + 36 months = 45 months

Premium on bonds payable = Issue Price - Face Value

Premium on bonds payable = ($100,000*103%) - $100,000

Premium on bonds payable = $103,000 - $100,000

Premium on bonds payable = $3,000

Unamortized premium  = Premium on bonds payable - Amortized premium

Unamortized premium  = $3,000 - $3,000*45/96

Unamortized premium  = $3,000 - $1,406.25

Unamortized premium  = $1,593.75

Carrying value on December 31,2023 = $100,000 + $1,593.75

Carrying value on December 31,2023 = $101,593.75

7 0
3 years ago
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