Answer:A) Debit Encumbrances Control for $550,000
Explanation:
A) Debit Encumbrances Control for $550,000
Encumbrance is a restriction that controls the usage of funds, Encumbrance prevents the organisation from overspending
when X city ordered supplies of $550 000 the city created an encumbrance control with an amount of 550 000. when the supplies are received expenditure on supplies will be limited to $550 000
Answer:
c) 8.44x
Explanation:
Total current assets = cash + account receivable + inventory
⇔ $79,000 = $35,550 + $19,750 + Inventory
⇒ Inventory = $79,000 - $35,550 - $19,750 = $23,700
The inventory circles based on annual sales = Sales/ inventory = $200,000/ $23,700 = 8.44
Answer:
Straight rebuy
Explanation:
When a purchasing agent performs a straight rebuy, he/she is in a situation where the same products or services are bought over and over again on a relatively steady basis.
The products and services purchased are also simple and common products or services, nothing very complex or specialized that requires looking for new information or investigating who the best vendor might be.
C. Portobello, is a good example of a mushroom with a meat like texture.
B it is b because i would like it to be B please
