Answer:
$171,000
Explanation:
Purchases in February = ($120,000 * 25%) + ($180,000 -$180,000*25%)
Purchases in February = $30,000 + $135,000
Purchases in February = $165,000
Payment in February = ($180,000 * 40%) + ($165,000 * 60%)
Payment in February = $72,000 + $99,000
Payment in February = $171,000
So, the bdgeted cash payments for inventory in February 2014 will be $171,000.
Answer: The correct option is A. when internal control over a particular activity is deemed essential.
Explanation: Outsourcing is the business practice in which there is an agreement between two companies, where company A hires company B to help perform some tasks, oversee operations, or provide services. These activities could range from those that have been previously carried out by company A to a new planned activity, and it could also involve the transfer of employees and assets from company A to company B.
The benefits if outsourcing include:
- helps to focus on core tasks.
- helps to lower costs as more employees need not be hired.
- helps to grant access to a larger talent pool and expertise.
However, one quality of outsourcing is that the hired company gets to exercise a level of control or autonomy, meaning that the hired company was actually hired to oversee a particular activity.
Therefore if an activity now requires the total control of the hiring company, then there would be no need for hiring an outsourcing firm. In this situation therefore, it would be a waste of resources to hire an outsourcing firm, and in summary it would not be beneficial.
Answer:
(1) To gain dominance in the Autonomous driving Technology.
(2) To utilize the vast network of drivers of Lyft to enhance the use of its technology
(3) To strategically place itself to compete favourably with other Autonomous driving Technology firms.
(4) To enhance its performance and profitability.
PART B
Lyft has a better transparent and user friendly application generally people trust their app in terms of pricing and trip duration.
LYFT HAS A BETTER REPUTATION THAN UBER WHICH HAS BEEN INVOLVED IN SERIES OF SCAMS IN 2017.
Explanation:
Waymo is a sister company to Google owned by alphabet inc., It is an autonomous driving Technology company with a state of the art Technology in the self driving cars.
Lyft is an American company which is involved in car lift,car hailing, car sharing etc services in major cities of the United States of America, it has developed a vast network of drivers and routes through out the United States.
The alliance between Waymo and Lyft was mainly to help both entities leverage on the competence of each party for the greater good of Both Companies.
Answer:
cash 515,000 debit
bonds payable 500,000 credit
Premium on Bonds 15,000 credit
Explanation:
to know the cash proceeds fro mthe issuance of the bonds we will multiply the face value by the point issued:
500,000 x 103 / 100 = 515,000
As the amount collected is higher than face value we reocgnize a Premium on Bonds Payable for the difference:
515,000 - 500,000 = 15,000
D) Can be submitted online or by mail