Answer:
The correct answer is C.
Explanation:
In the inventory of a company, when it is on the balance sheet date, goods in transit purchased at an f.o.b. shipping point must be included.
Goods in transit are goods that are not physically in the warehouse but have already been paid for by the company. This already acquired merchandise is property of the company, only that its arrival is only waited for to the deposit.
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Let's look at the Accounting Equation = Assets = Liabilties + Stockholders' Equity
For most businesses, their chart of accounts will include Current Assets (or Short Term Assets) as well as Long Term Assets. An example of a current asset if cash, and a building is a long term asset.
Short term and long term Liabilities are also included too - money you owe. A Note Payable is a long term example, Interest Payable is a short term one.
Stockholders' Equity is one too - these include your stocks, your retained earnings.
But, expect for Retained Earnings, the names of your <em>statements </em>are not. So "Balance Sheet" is not a category, nor is "Cash Flows Statement".
Question Completion with options:
a. Past performance information provided directly by the offeror should not be relied upon.
b. The past performance evaluation satisfies the responsibility determination required under FAR subpart 9.1.
c. Evaluations should take into account past performance information regarding predecessor companies.
d. Offerors with demonstrated past performance that is neither relevant nor recent must not be removed from further consideration for award.
Answer:
The statement that is true regarding the evaluation of the past performance is:
c. Evaluations should take into account past performance information regarding predecessor companies.
Explanation:
It has been established that past performance is the best indicator of future performance. Past performance can predict future performance, behavior, and success. Organizations that achieve some good performance in the past build the required confidence, which will help them to forge ahead in the present and future. This is why in selecting companies for a negotiated competitive services acquisition, even the past performance of predecessor companies should be reviewed to get a better handle on the company's ability to deliver on the projects.
Based on the financial statements given for Watervan Corporation, the Economic Value Added is $54.501 million.
<h3>What is the Economic Value Added?</h3>
This can be found by the formula:
= (EBIT x (1 - Tax rate)) - (Cost of capital x Capital)
Tax rate is:
= 20 / 97 x 100
= 20.6%
Capital invested:
= Equity + Long term debt
= 256 + 121
= $377 million
Economic value added is:
= (109 x (1 - 20.6%)) - (8.5% x 377)
= $54.501 million
Find out more on economic value added at brainly.com/question/15469792.
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