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Ivahew [28]
3 years ago
11

Outputs of a purchasing process normally might include all of the following except: __________

Business
1 answer:
Tatiana [17]3 years ago
4 0

Answer: the answer is D

Explanation:

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On June 1, Year 1 Oxian Corp. receives $24,000 from a customer for work to be performed evenly over the next 2 years. What is th
pav-90 [236]

Answer:

$7,000 is the amount of revenue in year 1

Explanation:

The amount received from the customer is $24,000,which is payment for work to be performed over 24-month period i.e 2 years

In year 1,the work would be performed from June -December,hence  7-month worth of revenue should be recognized in year 1 as follows

revenue recognition in year=$24,000*7/24=$7,000

The amount of revenue attributable to year 1 on the income statement is $7,000

7 0
3 years ago
Which method of bond amortization amortizes the premiums/discounts accurately and is considered a conceptually superior method
SashulF [63]

Answer:effective-interest

Explanation:

3 0
3 years ago
Windhoek Mines, Ltd., of Namibia, is contemplating the purchase of equipment to exploit a mineral deposit on land to which the c
grin007 [14]

Answer:

Windhoek Mines, Ltd.

The net present value of the proposed mining project is:

=  ($232,950).

Explanation:

a) Data and Calculations:

Cost of new equipment and timbers = $500,000

Working capital required  = $100,000

Annual net cash receipts = $120,000

Cost to construct new roads in three years = $40,000

Salvage value of equipment in four years = $65,000

Estimated useful life of mine = 4 years

Working capital released in four years = $100,000

Required rate of return = 20%

                                                           Cash Flows   PV factor  Present Value

Cost of new equipment and timbers  $500,000      1               -$500,000

Working capital required                        100,000       1                 -100,000

Annual net cash receipts                       120,000     2.589            310,680

Cost to construct new roads in 3 years 40,000     0.579             -23,160

Salvage value of equipment in 4 years 65,000     0.482               31,330

Working capital released in 4 years     100,000     0.482              48,200

Net present value                                                                      ($232,950)

4 0
3 years ago
A drawback of buying a franchise is there is more opportunity for creativity, resulting in the owner spending too much time in t
abruzzese [7]

Answer:

If the national chain suffers, so does the franchisee

Explanation:

Franchises share common problems struggle for one can lead to struggle for all.

4 0
3 years ago
At the beginning of the year, the balance in Allowance for Doubtful Accounts is a credit of $760. During the year, previously wr
Tom [10]

Answer:

Given:

Allowance for Doubtful Accounts is a credit of $760

Written off accounts = $120

Accounts totaling = $740

The end-of-year balance (before adjustment) in Allowance for Doubtful Accounts will be computed as:

<em>Allowance for Doubtful Accounts - Accounts totaling + Written off accounts</em>

<em>⇒ $760 - $740 + $120</em>

<em>⇒ $140</em>

<u><em /></u>

<u><em>therefore, the correct option is (c).</em></u>

5 0
3 years ago
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