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Alex73 [517]
3 years ago
14

Bill is employed by a company to design and maintain custom software applications used by the company's employees to determine i

nventory levels. john is one of the employees who uses the software applications maintained by bill. these software applications are important for customer service because when customers call the company to place an order, very often the call is switched to john. john uses the software application to determine the inventory levels and then informs the customer if the order can be placed. john is the ______________ of bill. supplier external customer external supplier internal customer
Business
1 answer:
Alona [7]3 years ago
4 0

John is the <u>internal customer</u> of Bill.

An internal customer is someone within the business that relies on the assistance or work of <em>someone else in the business</em> to do their work. In this case John relies on the software that Bill creates.

Another example would be a marketer who relies on the graphic designer to create an ad before the marketer can use it in an ad campaign.

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Marshall-Miller &amp; Company is considering the purchase of a new machine for $50,000, installed. The machine has a tax life of
vlabodo [156]

Answer:

$10,620

Explanation:

Depreciation for Year 1 = 0.202 × $50,000

                                       = $10,100

Depreciation for Year 2 = 0.323 × $50,000

                                       = $16,150

Depreciation for Year 3 = 0.194 × $50,000

                                       = $9,700

Depreciation for Year 4 = 0.125 × $50,000

                                       = $6,250

Accumulated depreciation = $10,100 + $16,150 + $9,700 + $6,250

                                             = $42,200

Book value of machine as on date of sale:

= Purchase price - Accumulated depreciation

= $50,000 - $42,200

= $7,800

Selling price = $12,500

Gain on sale of machine = $12,500 - $7,800

                                         = $4,700

Tax rate = 40%

Tax on capital gain = $4,700 × 0.40

                                = $1,880

Net proceeds on sale of machine:

= Selling price – Tax paid on capital gain

= $12,500 - $1,880

= $10,620

8 0
3 years ago
When developing baseline standards, it is vital to use industry best practices. Industry best practices standards enable one to
Trava [24]

Answer: True

Explanation: There is always that opportunity to perfect existing industry standards and several analysis would have already be done which saves you a great deal of financial stress and a possible loss.

7 0
4 years ago
The amount of a company’s sales revenue that remains after subtracting the “cost of goods sold,” a standard accounting measure o
Alborosie

Answer:

you can use both. but not sure.

3 0
3 years ago
Equate, a brand of health and beauty care products, is available only at walmart stores. equate is a ____ brand.
tatiyna
The correct answer that would best complete the given statement above would be PRIVATE BRAND. <span>Equate, a brand of health and beauty care products, is available only at Walmart stores. Equate is a private brand. Other choices for this question include manufacturer's, international, family and corporate. Hope this helps.</span>
7 0
4 years ago
On May 15, 2000 you enter into a 1-year forward rate agreement (FRA) with a bank for the period starting November 15, 2000 to Ma
Artyom0805 [142]

Answer:

a.

3.51%

b.

0%

Explanation:

a.

First, we need to calculate the YTM of 6 months zero-coupon bond by using the following formula

Price = Face value / ( 1 + YTM )^numbers of years

96.79 = 100 / ( 1 + YTM )^1

1 + YTM = 100 / 96.79

1 + YTM = 1.0331646

Now calculate the YTM of 1 Year zero-coupon bond

93.51 = 100 / ( 1 + YTM )^1

YTM = 1.0331646 - 1

YTM = 0.0331646

YTM = 3.31646%

YTM = 3.316%

1 + YTM = 100 / 93.51

1 + YTM = 1.06940

YTM = 1.06940 - 1

YTM = 0.06940

YTM = 6.940%

YTM = 6.94%

Hence the forward rate is calculated as follow

Forward rate = [ (1 + YTM of 1 year zero coupon bond ) / ( 1 + YTM of 6 months year zero coupon bond ) ] - 1 = ( 1 + 6.94% ) / ( 1 + 3.316% ) = [ 1.0694 / 1.03316 ] - 1 = 1.03508 - 1 = 0.03508 = 3.508% = 3.51%

b.

At the time of inception the formward rate is 0.

7 0
3 years ago
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