1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
bazaltina [42]
3 years ago
5

Capitol Supply's sales and sales force have continued to expand. Now, the firm plans to add a fleet of company cars as part of i

ts sales compensation package. For Capitol Supply, these vehicles would represent a ____ purchase.
Business
1 answer:
jekas [21]3 years ago
6 0

Answer:

New-Task.

Explanation:

New-task purchase is that purchase made by a business of which need has not arisen before. The business didn't made decision to make purchase for this new product or purchase before. The new-task purchase decision is made by the business when a need to purchase is perceived internally or by the clients.

In the given scenario, the need to purchase 'cars as part of its sales compensation' defines the criteria of new-task purchase. In this case, Capitol's need to buy or add 'cars' into its sales compensation represents need to make 'New-task purchase.'

Therefore, the correct answer is new-task purchase.

You might be interested in
Francis updates the steps to the occupation manual frequently to maintain the best measures to perform his job. this is an examp
Sergeu [11.5K]
<span>He is a quality control associate. This employee looks for the best ways to perform a task and makes sure that the company adheres to these quality control measures. The associate also makes sure that the output of the job meets up with company and regulatory standards.</span>
3 0
3 years ago
could somebody help me with this i know it is finance but i really need help with it...... . Regal Financial Institution special
musickatia [10]
The answer to the question above appears to be ''savings and loan''.
5 0
3 years ago
The financial information for Pear Company is provided below: Sales $2.8 million Cost of goods sold $2.3 million Purchases $2.1
WINSTONCH [101]

Answer:

A. 122 days

Explanation:

The computation of the cash conversion cycle is shown below:

= DAys sales outstanding + days inventory outstanding - days payable outstanding

where

Days sales outstanding is

= 365 ÷ $2.8 ÷ $0.6

= 78.16 days

The days inventory oustandings is

= 365 ÷ $2.3 ÷ $0.5

= 79.35 days

And, the days payable outstanding is

= 365 ÷ $2.1 ÷ $0.2

= 34.76 days

Now the cash conversion cycle is

= 78.16 days + 79.35 days - 34.76 days

= 122.75 days

= 122 days

6 0
3 years ago
nfinity Corporation purchased equipment with a 10-year useful life and zero residual value for $10,000. At the end of the fifth
lidiya [134]

Answer:

Gain on Sale till end of 5th year = 1,000$

Cash Debit = 6,000$

Equipment Credit = 5000$

PS: Assuming that depreciation entries are being adjusted on annual basis.

Explanation:

Given Data:

Depreciation Duration = 10 Years

Purchasing Cost = 10,000$

Salvage Value = Zero = 0

Selling Price = 6,000$

Calculation:

Depreciation amount for 10 years  = Purchasing cost - salvage value

Depreciation amount for 10 years  = 10,000 - 0

Depreciation amount for 10 years  = 10,000

Annual Depreciation amount = 10,000 / 10 = 1,000$

Depreciation till the end of 5th year = 1,000 * 5

Depreciation till the end of 5th year = 5,000$

Selling Price = 6,000$

Gain on Sale till end of 5th year = Selling Price - (Purchasing - Depreciation amount till end of 5th year)

Gain on Sale till end of 5th year = 6,000 - (10,000 - 5,000)

Gain on Sale till end of 5th year = 6,000 - 1,000

Gain on Sale till end of 5th year = 1,000$

Cash Debit = 6,000$

Equipment Credit = 5,000$ (Assumed depreciation entries are being adjusted on annual basis)

6 0
3 years ago
A fixed asset with a cost of $22,535 and accumulated depreciation of $20,282 is traded for a similar asset priced at $60,652. As
frez [133]

Answer:

a. $60,652

Explanation:

Gain of exchange of similar fixed assets cannot be recognized until new asset's cost is adjusted which will reflect the gain.

Book value = Cost - Accumulated depreciation = $22,535 - $20,282 = $2,253

Gain = Trade in Allowance - Book value = $5,605 - $2,253  = $3,352

Cost of new asset = Price of new asset - unrealized gain =  $60,652 - $3,352 = $57,300

$60,652 basis used with commercial substance

6 0
3 years ago
Other questions:
  • On June 30, 2021, the Esquire Company sold some merchandise to a customer for $66,000. In payment, Esquire agreed to accept a 8%
    10·1 answer
  • Low-balling is a sales technique where the salesperson quotes a low price for a car to get you to make an offer, and negotiates
    15·1 answer
  • A(n) ____ is a set of guidelines for helping a firm make ethical decisions:
    8·1 answer
  • Phillips industries runs a small manufacturing operation. for this fiscal year, it expects real net cash flows of $197,000. the
    9·1 answer
  • Effective notes do NOT __________.
    11·1 answer
  • The income statement lists all the
    5·1 answer
  • Puedes enviar documentos escaneados o Digitalizados desde el Celular​
    12·1 answer
  • प्रबंध की विशेषताएं क्या है?​
    13·2 answers
  • Economic ordering quantity with safety stock (LO5) Diagnostic Supplies has expected sales of 84,100 units per year, carrying cos
    5·2 answers
  • Which general staff member directs all responses and tactical actions.
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!