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4 years ago

I want to know about basic procurement principles

1 answer:

3 0

A principle is a fundamental statement, which generally Become Platform Thinking / acting. The fundamental principle of a statement are:
Practically, that principle is always can be Used irrespective From Time or When applied,Relevant (related) with a provision That is the fundamental basis and thus provide a view Size That covers many things,Consistent (steady) hearts the sense that hearts Similar situations will arise Similar findings Also,

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Timothy periodically purchases bonds issued by Prince Waste Collection. Last year, he bought two bonds in February, two bonds in

My name is Ann [436]

Answer:

$344.22

Explanation:

Calculation to determine how much profit did he make from buying and selling these bonds

First step is to calculate how much Timothy invested in February, June and August

February=2 x $1,000 x 94.593%

February = $1,891.86

June= 2 x $1,000 x 92.661%

June= $1,853.22

August= $1,000 x 105.48%

August = $1,054.80

Total investment = $4,799.88

($1,891.86+$1,853.22+$1,054.80)

Seconds step

Since Timothg sold 5 bonds in the month of October at 102.882 each which means he will received:

Amount received= 5 x $1,000 x 102.882%

Amount received= $5,144.10

Now let determine his Total profit

Total profit = $5,144.10 - $4,799.88

Total profit= $344.22

Therefore how much profit did he make from buying and selling these bonds will be $344.22

4 0

3 years ago

OMG Inc. has 4 million shares of common stock outstanding, 3 million shares of preferred stock outstanding, and 50 thousand bond

babymother [125]

Answer:

$w_{d}$ = 0.3274 or, 32.74%

Explanation:

We know,

Capital Structure = Debt + Common Stock + Preferred stock

Given,

Common Stock = 4,000,000 shares

Share price = $21

Total common stock = No. of shares x share price

Total common stock = 4,000,000 shares × $21 = $84,000,000

Preferred Stock = 3,000,000 shares

Share price = $10

Total preferred stock = $10 x 3,000,000 shares

Total preferred stock = $30,000,000

Debt rate = 111% = 1.11

Debt = 50,000 bonds x $1000 par x 1.11

Debt = $55,500,000

Total Capital = $(55,500,000 + 84,000,000 + 30,000,000)

Total capital structure = $169,500,000

The weight for debt in the computation of OMG's WACC

= $\frac{Debt}{Total Capital Structure}$

= $\frac{55,500,000}{169,500,000}$

= 0.3274

or, 32.74%

8 0

4 years ago

2/31/2020: During 2020, $10,000 in accounts receivable were written off. At the end of the second year of operations, Yolandi Co

Artyom0805 [142]

Answer:

$395,000

Explanation:

Bad Debt expense:

= 1.5% of sales will be uncollectible

= 1.5% × $1,000,000

= 0.015 × $1,000,000

= $15,000

Allowance for Doubtful accounts:

= Bad Debt expense - accounts receivable written off

= $15,000 - $10,000

= $5,000

Net realizable value:

= Accounts receivable - Allowance for Doubtful accounts

= $400,000 - $5,000

= $395,000

6 0

3 years ago

_____ involves looking at trends and discontinuities and imagining possible alternative future to build a framework within which

KatRina [158]

Answer:

The correct answer is letter "A": scenario building.

Explanation:

Scenario building refers to the efforts companies make to scheme adverse situations that could arise in the future and link the consequences of those events with the way it could affect the operations of the firm. Scenario building is part of the strategic planning of the company.

Organizations cannot predict exactly what will happen in the future but they can set contingency plans to be ready in front of different situations that could arise.

3 0

3 years ago

Read 2 more answers

Palmona Co. establishes a $330 petty cash fund on January 1. On January 8, the fund shows $237 in cash along with receipts for t

alexandr402 [8]

Answer:

The following information was missing:

"... with receipts for the following expenditures: postage, $36; transportation-in, $13; delivery expenses, $15; and miscellaneous expenses, $25. Palmona uses the perpetual system in accounting for merchandise inventory.

Prepare journal entry to establish the fund on January 1, reimburse it on January 8, and reimburse the fund and increase it to $450 on January 8, assuming no entry in part 2."

Part 1:

January 1, petty cash fund established

Dr Petty cash fund 330

Cr Cash 330

Part 2:

January 8, petty cash expenses

Dr Postage expenses 36

Dr Transportation expenses 13

Dr Delivery expenses 15

Dr Miscellaneous expenses 25

Dr Cash short and over 4

Cr Petty cash fund 93

Part 3:

January 8, petty cash expenses

Dr Postage expenses 36

Dr Transportation expenses 13

Dr Delivery expenses 15

Dr Miscellaneous expenses 25

Dr Cash short and over 4

Cr Petty cash fund 93

January 8, petty cash fund is replenished

Dr Petty cash fund 213

Cr Cash 213

7 0

3 years ago