Interest on purchase consideration, the salary of partners, and interest on vendor capital are to be charged during the pre-incorporation period.
Answer:
Authorizing the team to make decisions traditionally made by managers.
Explanation:
That gives them a sense of leadership and knowing that certain ideas and contributions they make will eventually be valid. It fuels their energy to do more and that helps the company grow which is what the management looks out for.
Yes you have to credit a fact if it doesn't involve numbers
Answer:
Actual Cost of Supplier A: $291.60
Actual Cost of Supplier B: $271.60
Explanation:
<u>Supplier A:</u>
Cost - 270
Shipping FOB shipping point
Purchase Discount = Invoice Price * Discount
For Supplier A, the invoice price is 270 and discount is 2/10 = 2%, so:
Purchase Discount = 270 * 0.02 = $5.4
Cost is:
270 + 27(shipping FOB point) - 5.4 = $291.60
<u>Supplier B:</u>
Cost - 280
Shipping Destination (so 0)
Purchase Discount = Invoice Price * Discount
For Supplier B, the invoice price is 280 and discount is 3%, so:
Purchase Discount = 280 * 0.03 = $8.4
Cost is:
280 - 8.4 = $271.60
<span>If a special sales order is accepted for 5,000 sails at a price of $125 per unit, and fixed costs remain unchanged,the effect on operating income be Increase by $225,000. Since fixed costs remain unchanged, operationg income would increase. If fixed costst remain changed, operationg income would decrease.</span>