The record least vital in figuring out the financial value of a purchase is purchase requisition.
The Requisition (REQS) file is used to file a purchasing request for goods or offerings from a doors dealer. A requisition refers to the manner of formally soliciting for a provider or object, typically the use of a purchase requisition shape or every other standardized record. The requisition manner is a standardized manner of maintaining tune of and accounting for all requisitions made inside a commercial enterprise.
A purchase requisition shape is a record submitted by means of a worker to request the acquisition of products or offerings on behalf of the enterprise. these purchases can be for enterprise operations, stock, or to manufacture resources for sale. filing a purchase requisition shape sets off the buying method. anytime an employee wants to make a buy – say, as an example, they need a brand new laptop – they will use a buy requisition shape to explain exactly what the purchase is and why they want it for paintings.
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Answer:
a. Prior period adjustments.
Explanation:
"Retained earnings is the cumulative total of earnings that have yet to be paid to shareholders. These funds are also held in reserve to reinvest back into the company through purchases of fixed assets or to pay down debt."
Prior period adjustments in the beginning balance are key to calculate the retained earnings at the end of the period:
Retained Earnings = RE Beginning Balance + Net Income (or loss) – Dividends.
Therefore, prior period adjustments may either increase or decrease RE.
Reference: Morah, Chizoba. “Which Transactions Affect Retained Earnings?” Investopedia, Investopedia, 11 July 2019
Answer:
marginal cost = $2
Explanation:
given data:
cost on wool when 10 sweater made in one month = $15
cost on wool when 11 sweater made in one month = $17
fixed cost = $100
In case of no other cost present, marginal cost is given by
Marginal cost = cost of eleven sweaters - cost of ten sweaters
= $17 -$15
= $2
Answer: an absolutely personal and independent activity
Explanation:
Since Schweitzer realized that direct human service can only be accomplished when one collaborates with an official organization, this shows that he wanted to be an absolutely personal and independent activity.
In such case, he wants an activity that will be free from the outside control. Other options are wrong as he wasn't really interested in funding of organizations, or increasing the number of official organizations that are dedicated to direct human service.
Answer: Q = 5.8 units
Explanation:
Q = 9 - 0.1p - py + 0.01pz + 0.0005Y
Where,
p = own price of the good
py = price of a related good = $3
Q = quantity demanded
pz = price of a different related good = $200
Y = consumer income = $4,000/mo
Therefore,
Q = 9 - 0.1p - 3 + 0.01 × 200 + 0.0005 × 4000
Q = 9 - 0.1p - 3 + 2 + 2
Q = 10 - 0.1p
If price of this good 'x' is equal to $42 per unit then,
Q = 10 - 0.1 × 42
= 10 - 4.2
Q = 5.8 units ⇒ Quantity demanded
