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Feliz [49]
3 years ago
10

identify and discuss five ways that companies can work more closely to achieve efficient management of procurement system in Gha

na
Business
1 answer:
Ilia_Sergeevich [38]3 years ago
8 0

Answer: More people can come to work and do their job, but also management can work together, if they come together then they can sale more things and both of their business can go up.

Explanation: I say this because, not all companies work together because their always trying to go against each other and instead of helping one an other be great together.

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Assume the company is considering investing in a new machine that will increase its fixed costs by $42,500 per year and decrease
Semenov [28]

Answer:

The company should purchase the machine.

Explanation:

Note: The complete question is attached below

Forecasted contribution margin income statement

For the Year Ended December 31

Particulars                                       Amount$

Sales                                                2,440,000

Variable cost(10,000*185(195-10))  <u>1,850,000</u>

Contribution margin                        590,000

Fixed cost (327,600+42,500)         <u>370,100</u>

Income                                              <u>$219,900</u>

Because the income increase by $57,500 due to the pruchase, the company should purchase the machine

8 0
2 years ago
Companies must follow generally accepted accounting principles (gaap) for ______ accounting reports.
Snowcat [4.5K]

Companies must follow generally accepted accounting principles (gaap) for  international financial reporting standards accounting reports

<h3><u>What are international financial reporting standards ?</u></h3>
  • The International Financial Reporting Standards (IFRS) are a group of accounting guidelines that specify which kinds of transactions and events must be disclosed in financial statements.
  • The International Accounting Standards Board created and maintains them (IASB).
  • The IASB wants the rules to be implemented consistently across the world so that investors and other users of financial statements may compare the financial performance of publicly traded firms with that of their worldwide peers on an equal footing.
  • More than 100 nations, including the European Union and more than two-thirds of the G20, currently utilize IFRS.
  • International Accounting Standards (IAS), which were more traditional standards that IFRS superseded in 2000, are occasionally mistaken with IFRS.

To view more about GAAP refer to:

brainly.com/question/14957399

#SPJ4

8 0
2 years ago
Ellen supports her family as a self-employed attorney. She reports $90,000 of income on her Schedule C and pays $8,000 for healt
stepladder [879]

Answer:

$14500

Health insurance+dental+health insurance for daughter

Disability can't be deducted

Explanation:

3 0
3 years ago
Identify and explain each of the situational influences that are described in this scenario: Which situational influence was not
12345 [234]

Answer:

Physical surroundings.

Explanation:

Ruth wants to buy special gift for her best friend's baby shower party. She has invited her sister to help her out with the selection in the shopping. Situational influence is described but there is no hint of physical surrounding. Author has not mentioned anything about the physical surrounding in the passage.

6 0
3 years ago
An LCD screen is purchased to be used in the manufacturing of a digital watch. The standard price for the LCD screen used is $40
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The answer would be
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