Answer: Purchases could be made from a vendor controlled by a buyer at prices higher than normal.
Explanation:
Based on the information given in the question, one possible fault of this system is that the purchases could be made from a vendor controlled by a buyer at prices higher than normal.
It should be noted that this system will help in curtailing the department managers buying unnecessary supplies. Also, payment cannot be made for supplies that are not received.
The problem is missing some details. But here is the complete solution. Now consider the second alternative-5 annual payments of $2,000 each. Assume that the payments are made at the starting of each year.
N = 5
I = 10.25
---> this is computed by: [(1+i/n)^n] -1I = <span>[(1+10/2)^2] -1 = 10.25
</span>PV = O
PMT = -2,000
Using a financial calculator...
Future Value = 13, 528.90
The right answer for the question that is being asked and shown above is that: "a cooperative a nonprofit organization." a semi-independent business that pays fees to a parent company in return for the exclusive right to sell a certain product or service in a given area called <span>a cooperative a nonprofit organization</span>
Answer: One of the costs of not having insurance is the cost of repairing. Another cost is paying insurance premiums. Losses caused by a lack of insurance are the price of not having insurance.