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3 years ago

issuing a Purchase order (PO) is the completion of the contract between the buyer and seller. True or False

1 answer:

4 0

False, a contract is complete when the goods have been delivered and paid for. A purchase order is one of the first steps that defines what is purchased, when it should be delivered, and how much will be paid.

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Which of the following economic consequences to a provisioning ecosystem service will most likely result from increased global w

Sveta_85 [38]

Answer:

Explanation:

Based on the information provided within the question it can be said that the most likely result would be the collapse of local fisheries, because of the damage to coral reefs from ocean acidification . This is mainly because the coral reefs provide habitat for a vast majority of the fish, and the same carbon dioxide that is causing global warming is also causing ocean acidification. Which in term is destroying the coral reefs, and therefore the habitats of all these fishes who will die without them.

6 0

3 years ago

Find the amount to which $625 will grow under each of the following conditions. Do not round intermediate calculations. Round yo

ella [17]

Answer:

Results are below.

Explanation:

<u>To calculate the future value, we need to use the following formula:</u>

FV= PV*(1+i)^n

a) i= 0.04 annually compounded

n= 5

PV= $625

FV= 625*(1.04^5)

FV= $760.41

b) i= 0.04/2 = 0.02 semiannually compounded

n= 5*2= 10

PV= $625

FV= 625*(1.02^10)

FV= $761.87

c) i= 0.04/4 = 0.01 quarterly compounded

n= 5*4= 20

PV= $625

FV= 625*(1.01^20)

FV= $762.62

d) i= 0.04/12 = 0.0033 monthly compounded

n= 5*12= 60

PV= $625

FV= 625*(1.003333^60)

FV= $763.11

7 0

3 years ago

Abbott Company purchased $7,100 of merchandise inventory on account. Abbott uses the perpetual inventory method. How does this t

yaroslaw [1]

The answer is b I hope this helps

6 0

3 years ago

Evan Engineering Group receives royalties on a technical manual written by two of its engineers and sold to a publishing company

natta225 [31]

Answer:

$8,565

Explanation:

Sales revenue of the year 2015 = $30,010

Accrued royalty revenue on December 31, 2015 = 30,010 x 10%

= $3,001

Evan received royalties of $2,613 on April 1, 2016.

Hence, royalty receivable for the year ended December 31, 2015 = 3,001- 2,613

= $388

On October 1, 2016, Evan received royalties of $4,631.

Thus, royalty received for the first half of the year 2016 = 4,631 - 388

= $4,243

The 2nd half of 2016 sales were estimated to be $43,220

Hence, royalty for the second half of the year 2016 = 43,220 x 10%

= $4,322

Evan's 2016 royalty revenue = Royalty revenue for the first half + Royalty revenue for the second half

= 4,243 + 4,322

= $8,565

5 0

3 years ago

Allen is in the marketing department of a midsize firm that develops and sells communications systems. He is proud of the human

hichkok12 [17]

Answer: Building customer loyalty depends on a committed workforce

Explanation: The duties of human resource department includes employing suitable individuals for different jobs and maintaining a positive culture within the work place, so that the employees feel comfortable. Also the training of employees and resolution of any conflict is also done by the HR department.

But customer loyalty is done by the marketing department of any organisation as they are responsible for building positive relationships with the existing and potential customers.

Hence, from the above we can conclude that the correct option is D.

5 0

4 years ago