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Inga [223]
4 years ago
11

Anderson Distribution Company has purchased 15 forklifts over the past two years. As it plans to place its next order for anothe

r five machines, management wonders if additional features may be needed in order to handle changes in the product lines it carries. For Anderson, these new forklifts represent a ____ purchase. a. new-task b. repetitive c. straight rebuy d. repetitive order e. modified rebuy
Business
1 answer:
djyliett [7]4 years ago
6 0

Answer:

The answer is: E) modified rebuy

Explanation:

A modified rebuy happens when a company (or an individual consumer) will buy a product or service which it has already purchased in the past. But now the company wants to change either the supplier, the product's specifications or the terms of the sale.

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All of your teammates are dedicated to the project. They put in the time and effort to complete their individual assignments and
lapo4ka [179]

Answer:

Structure team discussions to focus on a smaller set of key issues.

Explanation:

The best way to get outcome from the team is to set structure team discussions so they can focus on key issues and any ambiguity or issues can be resolved with an outcome as a team.

8 0
3 years ago
Min invested $18,000 cash in the business. Paid $7,540 cash for monthly rent expense for May. Paid $4,600 cash for this year’s i
Olenka [21]

Answer:

\left[\begin{array}{ccc}$Account&$DEBIT&$CREDIT\\$Cash&37,600&-\\$Prepaid insurance&4,600&\\$Office supplies&890&-\\$office equipment&12,900&\\$accouts payable&-&12,900\\$Capital Account&&18,000\\$drawins&3,370&\\$Sales revenue&&36,000\\$Rent expense&7,540&\\$Total&66,900&66,900\\\end{array}\right]

Explanation:

We must do ledger for each accounts, most of them only got one transaction so we just post them directly.

For cash we must do it as there are several transaction:

       CASH

<u>DEBIT          CREDIT</u>

18,000

                    (7,540)

                    (4,600)

                       (890)

36,000

<u>                     (3,370)</u>

37,600

Assets and expenses goes into debit column

Liabilities, equity and revenues into credit column

7 0
3 years ago
Roberts Company uses the gross method and a perpetual inventory system. Assuming the following entries, compute the amount that
Romashka-Z-Leto [24]

Answer:

August 1, sold goods on account terms 3/10, n/30

Dr Account receivable 5,000

    Cr Sales revenue 5,000

Dr Cost of goods sold 3,000

    Cr Merchandise inventory 3,000

Dr Accounts receivable (freight) 320

    Cr Cash 320

When FOB shipping point is used, buyer pays the freight. When FOB destination is used, the  seller pays the freight.

August 7, damaged merchandise returned

Dr Sales returns and allowances 1,200

    Cr Accounts receivable 1,200

Dr Merchandise inventory 720 (approximately 60% since $3,000/$5,000)

    Cr Cost of goods sold 720

August 11, invoice and freight charges collected

Dr Cash 4,006

Dr Sales discounts 114 (3% of $3,800)

    Cr Accounts receivable 4,120 ($3,800 for the merchandise and $320 for the prepaid freight)

8 0
3 years ago
An officer participates in litigation against the CPA firm. This is an example of which type of threat to compliance with which
Shkiper50 [21]

Answer: An officer participates in litigation against the CPA firm. This is an example of Adverse interest.

<u>Explanation:</u>

This is an example of Adverse interest. Adverse here means against the interest of others. This type of interest in mostly found in case of property disputes. Like if a person has illegally occupied someone else's property than his interest in that property will be adverse the interest of the real owner of that property.

Similarly here an officer is participating in legal action against CPA firm,The interest of an officer will be an adverse.

7 0
3 years ago
As you read the business news, you come across an advertisement for a bond mutual fund – a fund that pools the investments fro
Alika [10]

Answer:

Follows are the solution to this question:

Explanation:

Follows are the two ways of describing its high return:

Firstly, the mutual fund is invested in pretty unstable debt and is reciprocating with greater yields for taking a risk.

Secondly, during every decrease in bond yields, the finance kept bonds so the income on stocks exceeded this same rate of interest significantly. Remember that bond costs skyrocket as interest rates drop as well as give the purchaser an investment income. Because once interest rates are now close to zero, it's also likely that they could increase as well as the owners would then lose their money. Its high return could be due to a drop in interest rates, and not only will it not be replicated, but the low or even low return will almost definitely be followed by either a rise in interest rates.

6 0
3 years ago
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