All categories

4 years ago

What makes government contracts unique?

Business

2 answers:

faust18 [17]4 years ago

7 0

Answer:

The correct answer is the option D: They create obligations normally applied to government agencies.

Explanation:

On one hand, a government contract is the name given by law to the situation where to parties compromise themself with each other and where one of them is a government agency, therefore that its main characteristic is that those type of contracts involve a party that is a government entity.

On the other hand, a government contractor is the name that tends to receive the company, privately owned or publicly trade but not a state owned enterprise, whose characteristic is that it produces goods or services under contract for the government only.

Vika [28.1K]4 years ago

5 0

They create obligations normally applied to government agencies

You might be interested in

What particular activities are involved in the enterprise's internal operational scope?

nika2105 [10]

Answer:

A business internal operational scope is related to the dailya activities of the different business divisions that any company has:

Explanation:

The Marketing Department has operations like elaborating market studies, selling, and promoting products.

The Human Resources Department has operations like recruiting and training personnel.

The Operations department has operations related to the production process of the company (for a manufacturing firm)

And the Financial department has operations related with accounting and obtaining funds for the firm.

4 0

3 years ago

The manager at Rainbow International prepares a Cost of Quality report to report the following expenses:Inspection of raw materi

____ [38]

Answer:

E) $250,000

Explanation:

As for the provided information, we know that the External Failure Cost is defined as the cost of meeting the failure in products after sales.

Warranty cost in form of warranty claims = $250,000

Note :

Cost to dispose the rejected products are the cost incurred before sales thus, not part of external failure.

Training is done prior to sales, thus, not an external failure cost.

Recall cost is also not an external failure cost.

Production losses again are incurred before sales.

Defective products are found at inspection stage before sales.

Inspection in between the process of production, thus before sales.

Correct option is:

E) $250,000

6 0

3 years ago

The manager of a bulk foods establishment sells a trail mix for $6 per pound and premium cashews for $12 per pound. The manager

irakobra [83]

Answer:

Explanation:

12X+6(105-X)=105*10

12X+630-6X=1050

6X=1050-630

6X=420

X=420/6

So,

X=70 LBS. OF $12 CASHEWS IS USED.
105-70=35 LBS. OF $6 TRAIL MIX IS USED.

PROOF:

12*70+6*35=105*10

840+210=1050

1050=1050

3 0

3 years ago

Last year Urbana Corp. had $197,500 of assets, $307,500 of sales, $19,575 of net income, and a debt-to-total-assets ratio of 37.

saveliy_v [14]

Answer:

Increase in Return on equity = 10.876%

Explanation:

Given:

Assets = $197,500

Sales = $307,500

Old net income = $19,575

New net income = $33,000

Debt-to-total-assets ratio = 37.5% = 37.5 / 100 = 0.375

Computation of total debt:

Debt-to-total-assets ratio = Debt / Assets

0.375 = Debt / $197,500

Debt = 74,063 (approx)

Equity-to-total-assets ratio = 1 - Debt-to-total-assets ratio

Equity-to-total-assets ratio = 1 - 0.375

Equity-to-total-assets ratio = 0.625

Computation of total Equity:

Equity-to-total-assets ratio = Equity / Assets

0.625 = Equity / $197,500

Equity = $123,438 (approx)

Return on equity = (Net income / Equity) × 100

Return on equity (Old net income) = ($19,575 / $123,438) × 100

Return on equity (Old net income) = 15.858%

Return on equity (New net income) = ($33,000 / $123,438) × 100

Return on equity (New net income) = 26.734%

Increase in Return on equity = 26.734% - 15.858%

Increase in Return on equity = 10.876%

8 0

4 years ago

Insurance is a financial service that allows a

astra-53 [7]

Insurance is a financial service that allows a consumer to share liability with a company.

The answer is C

4 0

3 years ago

Read 2 more answers