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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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Suppose you just won the state lottery, and you have a choice between receiving $2,575,000 today or a 20-year annuity of $250,00
Shkiper50 [21]

Answer:

Ans. rate of return= 7.37%

Explanation:

The easiest way to find this discount rate is to set a MS Excel sheet and use the function "Find Goal". In the attachments, there is a spreadsheet that I got ready for you. There are 2 cells in color, one is yellow and the other one is green. You just go ahead and replace the value of the green cell with any percentage that you want, for example, 2%, then use the function "find goal" and set the objective cell to be the yellow cell (B5), changing the cell in green (B7), and hit enter.

Best of luck.

Download xlsx
8 0
3 years ago
Freytag Corporation's variable overhead is applied on the basis of direct labor-hours. The company has established the following
Serjik [45]

Answer:

a. -$783 Unfavorable

b. 550 Favorable

Explanation:

a. The computation of Variable Overhead Rate Variance is shown below:-

Variable Overhead Rate Variance = Actual hours × (Standard Variable Overhead rate per hour - Actual Variable Overhead rate per hour)

= 8,700 × ($4.10 - ($36,540 ÷ 8,700)

=  8,700 × ($4.10 - $4.19)

= 8,700 × -$0.09

= -$783 Unfavorable

b. The computation of Variable Overhead Efficiency Variance is shown below:-

Variable Overhead Efficiency Variance = Standard Variable Overhead Rate per Hour ×  (Standard Hours for Actual Production - Actual Hours)

= 5.5 × ((5.5 × 1,600) - 8,700)

= 5.5 × (8,800 - 8,700)

= 5.5 × 100

= 550 Favorable

5 0
3 years ago
Mitch, a single taxpayer, earns $100,000 in taxable income and $10,000 in interest from an investment in city of Birmingham Bond
Ivan

Answer:

The answer is: $18,289.50

Explanation:

The interest earned from the investment in Birmingham Bonds is not included in Mitch's gross income.

If Mitch earned $100,000, so he will fall under the fourth bracket for single filers.

He will have to pay $14,089.50 plus 24% of any income over $82,500.

taxes due = $14,089.50 + [($100,000 - $82,500) x 24%]

taxes due = $14,089.50 + $4,200 = $18,289.50

6 0
3 years ago
Where can a client identify the instant deposit options for their QuickBooks Payments account?
kolezko [41]

Answer:

in the settings

Explanation:

A QuickBooks payment service is a credit card processing option that is for the merchant accounts which includes the accounting software called QuickBook. It is managed by Intuit.

For instant deposit option in their QuickBooks payment account, a customer has to --

Select the Settings ⚙  button and then go to Account and settings. After that select the Payments tab and then go to the Deposit Speed section. From there select the Set a schedule for any instant deposits. Finally select the days for which you want instant deposits for.

6 0
3 years ago
The value of Investment A at the end of year 5 is $20,000. Assuming that interest is compounded annually, and the interest rate
mina [271]

Answer:

PV= $13,611.66

Explanation:

Giving the following information:

Future Value (FV)= $20,000

Number of periods (n)= 5 years

Interest rate (i)= 8%

<u>To calculate the present value, we need to use the following formula:</u>

FV= PV*(1+i)^n

Isolating PV:

PV= FV/(1+i)^n

PV= 20,000 / (1.08^5)

PV= $13,611.66

3 0
3 years ago
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