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lina2011 [118]
3 years ago
5

A long term care facility purchases at least 85% of its food and supplies from one distributor. this is an example of which type

of purchasing?
Business
1 answer:
Digiron [165]3 years ago
8 0

<span>This long term care facility purchases at least 85% of its food and supplies from one distributor and it’s an example of prime vending. A prime vending is a type of purchasing that has gained acceptance and popularity among restaurant and non-commercial buyers. It is also a service which people or the workers do.</span>

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Santa Fe purchased the rights to extract turquoise on a tract of land over a five-year period. Santa Fe paid $429,000 for extrac
givi [52]

Answer:

cost depletion expense =  $128700

so correct option is B. $128,700

Explanation:

given data

paid = $429,000

recover = 6,500 pounds

extracted = 1,950 pounds

sold = $277,000

to find out

cost depletion expense

solution

we get here cost depletion expense that is express as

cost depletion expense = \frac{paid}{recover} × extracted   ...........1

put here value we get

cost depletion expense = \frac{429000}{6500} × 1950

cost depletion expense =  $66 × 1950

cost depletion expense =  $128700

so correct option is B. $128,700

5 0
3 years ago
Aiden tells Harry that, "The heart of Bergman’s would still be intact. All Priya is proposing here really is taking the idea of
nirvana33 [79]

Answer:

Answer is adaptive.

Refer below for the explanation.

Explanation:

Therefore,

Aiden tells Harry that, "The heart of Bergman’s would still be intact. All Priya is proposing here really is taking the idea of self-checkout a couple steps further…" Based on this statement, Aiden most likely believes automation represents adaptive change.

Adaptive means to modify or become adjusted to new situations.

8 0
3 years ago
On January 1, 2019, Everlasting, Inc. purchased Comet Corporation for $650,000. On that date the net assets of Comet had a book
DedPeter [7]

Answer:

A. $30,000

B. $250,000

C. $190,000

Explanation:

A. Calculation for What amount of 2019 Equity Income was recognized by Everlasting

Based on the information given the amount of 2019 Equity Income that was recognized by Everlasting will be $30,000 which is FIFO Inventory Undervalued amount.

B. Calculation for 2019 consolidated net income

Everlasting had income from its own operations of $220,000

Add FIFO Inventory --Undervalued, $30,000

Consolidated net income $250,000

C. Calculation for What amount of goodwill appeared on the consolidated balance sheet at December 31, 2019

Cost of Acquisition $650,000

Less: Book value $320,000

FIFO Inventory --Undervalued, $30,000

Land--Undervalued, $10,000

Equipment , $75,000

Patent, $25,000

Goodwill $190,000

8 0
3 years ago
Amarillo Company experienced the following events during its first accounting period. (1) Purchased $5,000 of inventory on accou
Mandarinka [93]

Answer:

The discount will not affect the net income as no gain is recognize nor expense.

the cash flow statemetn will decrease by 3,960 which is the cash used.

the balance sheet after the series of trasnactions, will show inventory for 3,960

Cash would have decrease by 3,960

No change on equity.

Explanation:

inventory 5,000 debit

  accounts payable 5,000 credit

account payable 1,000 debit

  inventory                   1,000 credit

Account payable 4,000 debit

     Inventory                     40 credit

     Cash                       3,960 credit

3 0
4 years ago
A corporate coupon bond of 6.9 percent is callable in five years for a call premium of one year of coupon payments. Assuming a p
bagirrra123 [75]

Answer:

$1,069

Explanation:

Data provided in the given question

Future value = $1,000

Coupon bond = 6.9%

Time period = 5 years

The computation of price paid is shown below:-

Amount Paid = Principal Amount + Call premium

= $1,000 + 6.9% × $1,000

= $1,069

Therefore, for calculating the amount paid we simply add principal amount add call premium.

3 0
3 years ago
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