Answer:Electronic data interchange (EDI)
Explanation:
Because manual operation in business tend to cause sluggish processing of documents, Electronic data interchange (EDI) is adopted which is the use of standard electronic format to replaces paper-based documents like purchase orders or invoices, postal mail, fax so that business operations and recordings can flow straight through to the appropriate application.
Using a standard format like ANSI, EDIFACT etc for EDI documents is necessary so that computers in use understands each piece of information is and in what format it should document so as to pass relevant information to a receiver.
Because the exchange of EDI documents is typically between business partners, Electronic Data Interchange is important because it helps to eliminates manual data entry errors
,Streamline transaction processing leading to Increases productivity because it easier and more cost-effective since business do not require more staff.
The advantages of primarily cash pay are the following:
1. It motivates the owner to expand the business.
2. The desirable increase in the level of services.
The disadvantages are the following:
1. There was a little incentive to the owner.
2. There was potential to lose sight to the customers.
Answer:
a. Accounted for prospectively
Explanation:
Warranty cost is an expense i.e. to be incurred for the repair or replacement of the goods comes under the warranty given by the company.
Here if there is a change in the rate i.e. used for determining the warranty cost so it would be accounted in prospectively manner i.e. it would be changed in the current period and also the amount should be estimated or predicted
Hence, the correct option is a.
Answer:
to maximize profit, farmer must use 0.208 pounds of fertilizers
Explanation:
For profit maximization, marginal revenue must be equal to marginal cost.
Here marginal product of fertilizer= 1-N/200
selling price per busher= $4
total marginal revenue= (1-N/200)× 4
Total cost of fertilizer= 1.2N
To maximize profit
Marginal cost= marginal revenue
1.2N= (1-N/200)× 4
4.8N= 1-N/200
N= 0.208 pounds
to maximize profit, farmer must use than 0.208 pounds of fertilizers
Answer:
The answer is 6.72%
Explanation:
Calculating the imputed rate from a discount bond as follows:
( 1 + i )^n = FV / PV
( 1 + i )^3 = FV / PV, here FV= 1000 and PV= 727.25
so putting values in equation we have:
( 1 +i )^3 = 1000 / 727.25
( 1 + i )^3 = 1.375
solving for i
( 1 + i) = 1.375^1/3
( 1 + i ) = 1.112
i = 0.112 before tax rate
0.112 * (1 - tax rate) = after tax interest rate
0.112 * .60 = 0.0672 = 6.72%
thus the expected after tax cost of this debt issue is 6.72%
