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2 years ago

What factor is usually agreed upon prior to the submission of a purchase order?

Business

1 answer:

tester [92]2 years ago

4 0

Answer:

number of products to be purchased

Explanation:

A purchase order is prepared by a customer and addressed to a trader. The document instructs the trader to supply the customer with the goods stated in the purchase order document.

Before a customer writes the purchase order, an agreement is made on the quantity to be ordered. The trader has to confirm that they have the required quantity in the stores, or it will be availed within a reasonable time.

The price is agreed at the quotation stage. The customer first sends an inquiry, which the customer responds to with a quotation.

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Richard owns and operates a small business at an outdoor market where he sells fruits and vegetables. What does the UCC specific

gulaghasi [49]

Answer:

a. Observance of reasonable commercial standards of fair dealing

Explanation:

As Richard owns and operates a small business at an outdoor market where he sells fruits and vegetables. UCC specifically require Richard with respect to his customers to treat them equally and fairly and he should not be involved in any kind of cheating and misleading the customers in any way and at any level. Customers should be proved with the quality and fresh fruits and vegetables at the reasonable mentioned and set prices.

5 0

3 years ago

Firms will generally make-to-order when

Semmy [17]

Firms will generally make-to-order when the demand for goods is not stable.

<h3>What is Make to order?</h3>

Make to order (MTO) is a production process that involves a customer ordering a specific products which is usually different from the general products.

The products may be customized and its usually done when a company has less demand or work.

Therefore, Firms will generally make-to-order when the demand for goods is not stable.

Learn more make to order below

brainly.com/question/24553900

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8 0

2 years ago

Suppose a recent college graduate's first job allows her to deposit $150 at the end of each month in a savings plan that earns 6

Radda [10]

Answer:

Final Value= $51,312.68

Explanation:

Giving the following information:

Monthly deposit= $150

Interest rate= 0.06/12= 0.005

Number of months= 9*12= 108

First, we need to calculate the future value of the first investment. We will use the following formula:

FV= {A*[(1+i)^n-1]}/i

A= monthly deposit

FV= {150*[(1.005^108)-1]} / 0.005

FV= $21,410.99

The second part of the investment:

Number of years= 15

Annual interest rate= 6%

<u>I will assume that the interest rate is annually compounded now. </u>If this is not the case, just change the interest rate (0.005) and "n" (15*12=180)

We need to use the following formula:

FV= PV*(1+i)^n

FV=21,410.99* (1.06^15)

FV= $51,312.68

3 0

3 years ago

Explain how and why each of the following factors would influence current aggregate demand in the United States: a. increased fe

sukhopar [10]

The effects of the given factors on current U.S. aggregate demand would be:

a. Lower current aggregate demand (AD).
b. Higher current AD.
c. Higher current AD.
d. Higher current AD.
e. Lower current AD.

<h3>What affects Aggregate Demand?</h3>

When there is an increased fear of recession, aggregate demand drops as people want to save money for the recession. A higher price level will make things more expensive so AD drops as well.

When there is a fear of inflation, people increase spending so they can buy goods before prices increase.

Real income growth in other countries will lead to higher exports which will increase national wealth and therefore allow consumers to purchase more goods.

An reduction in real interest rates makes loans cheaper to be acquired and spent on consumption.

Find out more on aggregate demand at brainly.com/question/1490249.

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6 0

2 years ago

Choate International plans to issue $15 million in 10-year bonds. They believe they can afford to pay $1,150,000 in interest to

Luda [366]

Answer:

Correct option is (B)

Explanation:

Given:

Bond issue amount = $15,000,000

Market interest rate = 7.75%

Investors cannot pay interest more than $1,150,000

Choate cannot choose 6.5%, the bond will become less attractive to investors as it indicates that the bond is selling at discount.

If 7.75% interest is given that is the market interest, then interest amount would be $1,162,500 (15,000,000 × 0.0775)

Choate cannot afford to pay more than $1,150,000, so it cannot offer bonds at 7.75% or 8.1%.

The only option left is 7.65%. Interest amount would be $1,147,500 (15,000,000 × 0.0765) which is less than what the company can afford. Also, it is just marginally lesser than market interest rate of 7.75%, so bonds would still be attractive.

Choate should select 7.65%.

3 0

3 years ago