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3 years ago

The document that the purchasing department prepares and sends to the vendor to place an order is:

Business

2 answers:

oee [108]3 years ago

6 0

Answer: (B) Purchase order.

Explanation: The purchase order is a document used to formalize a purchase, which must have all the characteristics or details of it, such as the date of purchase, payment terms, name of the buyers, among others. These purchases can be cash (0 days) or a credit (30-90 days) to determine the agreement that the company has with its suppliers.

vagabundo [1.1K]3 years ago

3 0

Answer:

The correct answer is letter "A": Purchase requisition.

Explanation:

A purchase requisition is a document used to facilitate a product or service transaction as part of the accounting process. For stock purchases or production equipment, procurement specifications can also be used to create products for resale. Purchase requisitions are typically used by government agencies to authorize expenses.

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Cindy Medavoy will invest $7,990 a year for 19 years in a fund that will earn 10% annual interest. Click here to view factor tab

Rudik [331]

Answer:

The correct answer for future value if first payment occur today is $449,645.24 and if first payment occur at the end of year is $408,761.13.

Explanation:

According to the scenario, the given data are as follows:

Payment (pmt) = $7,990

Rate of interest (r) = 10%

Time (n) = 19 years

So, we can calculate the future value by using following formula:

Future Value ( if payment occurs today) :

FV = Pmt (((1+r)^n - 1) ÷ r) x (1+r)

By putting the value:

= $7,990 ((( 1+ 0.10)^19 -1) ÷ .10) × ( 1 + 0.10)

= $7,990 ( 51.16) × ( 1.10)

= $449,645.24

Future Value ( if payment occurs at the end of year):

FV = Pmt x ((1+r)^n -1)) ÷ r)

= $7,990 ((1 + 0.10)^19 -1) ÷ 0.10)

= $7,990 × 51.16

= $408,761.13

4 0

3 years ago

On July 31, Cynthia contributed land with a basis to her of $22,000 and a FMV of $30,000 to the Sterling Partnership in exchange

butalik [34]

Answer:

Explanation:

See attached file

8 0

2 years ago

A fixed asset with a cost of $31,588 and accumulated depreciation of $28,429.20 is sold for $5369.96. What is the amount of gain

Artist 52 [7]

Answer:

$2,238.16

Explanation:

In the disposal of assets, gain or loss will be a comparison between the book value and the selling price.

Book value is the asset costs minus accumulated depreciation.

in this case, the book value will be

= Asset cost - Depreciation

= $31,588- $28,429.20

=$3,158.8 is the book value.

Gain or loss = selling price- book value

=$5,369.96 - $3,158.8

=$2,238.16

A gain of$2,238.16 will be gain from that sale.

4 0

3 years ago

Which one of these affects the length of the cash cycle but not the operating cycle? A) Inventory period B) Accounts payable per

kifflom [539]

Answer:

E) Both the accounts receivable and the accounts payable periods

Explanation:

The account receivable and the accounts payable affect the length of the cash cycle. This is because, the longer the cash cycle, the more likely a firm will need external financing.

4 0

3 years ago

Austin and Erin are willing to pay $10 and $9, respectively, for a ticket to a screening of a new movie. What is the total consu

Rina8888 [55]

Answer:

B) $7

Explanation:

The computation of the consumer surplus is shown below:

Consumer surplus = Willing to pay - Market price

For Austin, The consumer surplus = $10 - $6 = $4

For Erin, The consumer surplus = $9 - $6 = $3

So, the total consumer surplus = $4 + $3 = $7

Simply we deduct the market price from the willing to pay so that the consumer surplus can be computed

8 0

2 years ago