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matrenka [14]
3 years ago
9

What is the primary goal of the purchasing process?

Business
1 answer:
8_murik_8 [283]3 years ago
8 0
Answer : ensure uninterrupted flows of raw materials at the lowest total cost, improve total cost,improve quality of the finished goods produced,and maximize customer satisfaction
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_____________ is the new-product development phase where hope springs decides that the flavor additive has enough market interes
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Commercialization<span> is the new-product development phase where Hope Springs decides that the flavor additive has enough market interest and the company will launch full-scale production and sales.

Commercialization refers to the process of adding and introducing a new product and making it available for purchase from consumers. When you commercialize an item you go through phases from beginning to end of the process.</span>
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3 years ago
On December 16, Carboy, Incorporated, borrows $120,000 cash from Third National Bank at 9 percent annual interest. The note is d
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Since there is an interest due of 450, interest payable becomes debit as the payment is done. The same as for notes payable. Carboy records an adjusting entry at December 31, 2019.

<h3>Journal Entry </h3>

Interest Expense (Debit) 450 (Note - 1)

    Interest Payable  (Credit) 450

Note - 1: Borrowing - $120,000; Interest Rate = 9%; Maturity date = 45 days.

(Assuming 360 days = 1 year).

Therefore, interest expense = ($120,000*0.09)*(15/360) = $450.

Since the maturity date is 45 days, from December 16 to December 31, it should be 15 days. And the maturity date should be January 30, 2020.

The journal entry to record the interest plus principal paid -

Date          Particulars               Debit        Credit

Jan-30, 2020 Interest Expense             900

           Interest payable              450

           Notes Payable            120,000

                   Cash                           121,350

The interest expense for this month to be payable = $(120,000*0.09)/12 = $900.

To learn more about interest expense visit the link

brainly.com/question/14185533

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6 0
2 years ago
Dr. Ruiz shares equal responsibility and liability with her colleagues in their small business, which is a medical practice. Her
Brrunno [24]
Dr. Ruiz shares equal responsibility and liability with her colleagues in their small business, which is a medical practice. Her business is a general partnership. Compared to limited partnership, general partnership have unlimited liability and that general partners are liable to their partnership's obligations. The answer would be letter B.
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US Unemployment Rate 1980–1985 A graph titled U S Unemployment Rate from 1980 to 1985 has year on the x-axis, from 1980 to 1985,
rjkz [21]

Answer:

1982

Explanation:

4 0
3 years ago
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Goal-setting theory is one of the most influential management practices. there is strong evidence that setting goals:______.
klasskru [66]

Goal-setting theory is one of the most influential management practices. there is strong evidence that setting goals increase employee engagement within the workplace.

In accordance with goal-setting theory, productivity can be increased by defining explicit, quantifiable goals. One may boost employee engagement while also enhancing employee performance in the workplace by implementing the goal-setting principle.

Goals should be sufficiently difficult to maintain employees' interest and concentration while carrying out the necessary tasks to accomplish each goal. Achieving goals that are overly time-consuming or simple may demotivate you and leave you feeling less satisfied with your accomplishments.

A key element of the goal-setting theory is feedback. To make sure tasks continue on track to accomplish the objective, frequent feedback should be given throughout the goal-achieving process.

Goals ought to be divided into smaller ones. A review and updating should be carried out once each smaller goal has been accomplished.

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