A purchasing procedure that requests vendors to submit products and prices for new technology that satisfies a user's needs exists called a request for proposals.
<h3>Who are vendors?</h3>
A vendor, often known as a seller, is an organisation that offers products or services to a supply chain. A supply chain vendor often produces inventory or stock products and sells them to the chain's next link. These terms now describe a provider of any goods or services.
Anyone who buys and sells goods or services is referred to as a vendor in general. A vendor buys goods and services to resell them to another business or person. The products that large retailers like Target purchase at wholesale costs and resell at higher retail prices are supplied by a variety of different vendors.
A request for proposals is a document that asks prospective suppliers to submit business bids. This request is frequently issued through a bidding procedure by an organisation or company interested in purchasing a good, service, or valued asset.
Hence, A purchasing procedure that requests vendors to submit products and prices for new technology that satisfies a user's needs exists called a request for proposals.
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the quantity demanded is inversely related to price is the answer to this question
The inverse relationship between price and demand
Therefore, the price of a product and the quantity required for this product are in the opposite relationship, as stipulated by the Law of Demand. The inverse relationship means that the higher the price, the lower the quantitative demand, and the lower the price, the higher the quantitative demand.
The law of supply and demand is the basis of modern economics. According to this theory, the price of a good is inversely proportional to its supply. That makes sense for many products. Because the more expensive it is, the fewer people can afford it and the less demand it has.
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Answer:
$15,189.49
Explanation:
In order to determine the annual payment we have to use the PMT formula i.e to be shown in the attachment below:
Given that,
Present value = $200,000 - $29,000 = $171,000
Future value = $0
Rate of interest = 5%
NPER = 30 years
The formula is shown below:
= PMT(Rate;NPER;-PV;FV;type)
The present value come in negative
So after applying the formula, the annual payment is $15,189.49
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Answer:
4.76% and 0.5
Explanation:
The computation is shown below:
Average borrowing rate is
= Cost of debt capital ÷ (1 - tax rate)
= 3% ÷ (1 - 0.37)
= 4.76%
And, the market beta is
Cost of equity = Risk free rate of return + Beta × (Market risk premium - risk free rate of return)
5% = 2.5% + Beta × 5%
So, the beta is 0.5
The (Market risk premium - risk free rate of return) is also known as market risk premium