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3 years ago

Who must make the determination to cancel an invitation for bids after bid opening?

Business

1 answer:

Maksim231197 [3]3 years ago

5 0

Answer to this Question is A): Contracting Officer

Explanation:

Contracting officer can cancel an invitation for bids after the formal bid opening. He can do it certainly, but after following a mentioned criteria. To fulfill that criteria he must make the determinations in writing which are required by the rules. (FAR - section 14 followed in 404 paragraph 1 (C) and next (e) 1. This is the only option left with the contracting officer when the bids have opened on the announced date. Furthermore, bid can still be cancelled if the offer has been received.

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Airline Accessories has the following current assets: cash, $93 million; receivables, $85 million; inventory, $173 million; and

prohojiy [21]

Answer:

See below

Explanation:

1. The current ratio is the sum of current assets divided by current liabilities. It used to measure the ability of the airlines accessories to meet its short term obligation due within a year

Current ratio = $93 million + $85 million + $9 million / $80 million + $26 million

Current ratio = $187 million / $106 million

Current ratio = 1.76:1

Current ratio = 1.76 times

2. Acid test ratio. This measure liquidity but with adjustment for risky current assets i.e Inventory

Acid test ratio = Current assets - Inventories / Current liabilities

Acid test ratio = ($187 million - $173 million) / $106 million

Acid test ratio = $14 million / $106 million

Acid test ratio = 0.13:1

Acid test ratio = 0.13 times

6 0

3 years ago

Assume a project has normal cash flows. All else equal, which of the following statements is CORRECT?

Step2247 [10]

Answer: B. A project's NPV increases as the WACC declines.

Explanation:

NPV is calculated by discounting the future cashflows at the Weighted Average Cost of Capital. This means that if the WACC is lower, the NPV will be higher because cash flow will not be discounted as much and if the WACC keeps going lower, the NPV keeps rising.

For instance, assume a company invested $10,000 and will get cash inflows of $10,000 for 2 years. What is the NPV at 10% and 15%.

NPV at 10% WACC = -10,000 + 10,000/1.1 + 10,000/1.1²

= -10,000 + 9.090.90 + 8,264.46

= $7,355.36

NPV at 15% WACC = -10,000 + 10,000/1.15 + 10,000/1.15²

= -10,000 + 8,695.65 + 7,561.44

= $6,257.09‬

Notice how NPV dropped when WACC increased.

7 0

3 years ago

What does the phrase "like animals escaped from their caves" imply about the sun's impact on the children?

Vikentia [17]

The sun being out causes children to come outside and “escape from their homes” to enjoy the sun. without the sun (rain or cloudy weather), children will most likely stay inside

5 0

3 years ago

costs that can be easily traced to cost-objects in a cost-effective manner are called costs. multiple choice question.

Elden [556K]

Costs that cannot be efficiently and promptly attributed to cost-objects are considered indirect costs.

<h3>What exactly are indirect costs?</h3>

Indirect costs are business expenses that are crucial to the running of the organization as a whole and the accomplishment of its objectives even though they aren't directly connected to a given grant, contract, project function, or activity.

Indirect costs include expenses that are typically classified as overhead, like rent and utilities, as well as general and administrative costs, like officer salaries, accounting department costs, and personnel department costs.

Direct expenses are those that can be connected to a specific product, whereas indirect costs are those involved in maintaining and operating a business.

To learn more about indirect costs visit:

brainly.com/question/14777070

#SPJ4

7 0

2 years ago

Amy borrowed $20,000 from her parents to open a bagel shop. She pays her parents a 5% yearly return on the money they lent her

Lilit [14]

Answer:

<h2>Amy's total fixed cost in this case is $10,000.</h2>

Explanation:

Amy's variable cost is given as $30,000 and a part if her annual fixed cost is $9000.She is supposed to pay 5% of the yearly return on $20000 that she borrowed from her parents.

Hence,Amy's yearly return on the money borrowed from her parents= $(20000\times 0.05)=1000 dollars$

Amy has to pay a fixed amount of $1000 to her parents every year.

Therefore,Amy's total fixed cost at the end of the year= $(9000+1000)=10000dollars$ or $10,000.

Therefore,Amy's total yearly fixed cost is $10,000.

5 0

3 years ago