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3 years ago

Why is it important for government to use the procurement system

Business

1 answer:

Evgesh-ka [11]3 years ago

4 0

Answer:

Government procurement is necessary because governments cannot produce all the inputs for the goods they provide themselves. Governments usually provide public goods, e.g. national defense or public infrastructure.

Explanation:

I hope this helps! :)

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What would be an example of what bruce western calls "deterrence"?

quester [9]

<span>A deterrent is a consequence for an unwanted action that is used as a way of making people decide to forego the unwanted action to avoid the consequences. For example, capital punishment and jail time acts as a deterrent for violent crimes. While someone might be upset and emotional at a time, they may practice physical restraint from acting aggressively to avoid the possibility of being arrested, charged, and eventually incarcerated for battery.</span>

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4 years ago

California Inc., through no fault of its own, lost an entire plant due to an earthquake on May 1, 2021. In preparing its insuran

Alekssandra [29.7K]

Answer:

The answer is: $395,000

Explanation:

To calculate the May 1 inventory we have to determine the cost of all goods available for sale:

goods available for sale = beginning inventory + net purchases

goods available for sale = $300,000 + $875,000 = $1,175,000

Then we must determine the cost of goods sold:

COGS = net sales - (net sales x gross profit margin)

COGS = $1,300,000 - ($1,300,000 x 40%) = $1,300,000 - $520,000 = $780,000

Finally to calculate the May 1 inventory:

May 1 inventory = goods available for sale - COGS = $1,175,000 - $780,000 = $395,000

6 0

4 years ago

Carr Company is considering two capital investment proposals. Estimates regarding each project are provided below:

Y_Kistochka [10]

Answer:

1. $35,830

2. B) No, since ROI will be lowered.

3. $13 per DL

Explanation:

1. Present value of inflows = $146,000*Present value of annuity factor (10%,6)

Present value of inflows = $146,000 * 4.355

Present value of inflows = $635,830

Net present value = Present value of inflows - Present value of outflows

Net present value = ($635,830 - $600,000)

Net present value = $35,830.

So, the net present value for Project Nuts is $35,830.

2. ROI = Net income / Investment

ROI = (100000-60000-40000) / 150000

ROI = 0%

The ROI required is 25%. Hence, the new project should not be accepted as ROI will be lowered.

3. Direct labor price Variance = Actual hours (AR - SR)

$10,500 = 10,500 (AR - $12)

$10,500 = 10,500 AR - $126,000

AR = $10,500 + $126,000 /10,500

AR = $13 per direct labor hour.

So, the actual rate of pay for direct labor is $13 per DLH.

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3 years ago

Of the following, which is the BEST example of an extended family?

kakasveta [241]

Answer:

Dimitri, his parents, his two brothers, and his mother’s parents live on a farm in southeast Iowa.

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2 years ago

Cassidy is planning to obtain a loan from her bank for $210,000 for a new home. the bank has approved cassidy’s loan at a fixed

Grace [21]

Cassidy's approximate monthly payment stands at $1420. if Cassidy lives planning to obtain a loan from her bank for $210,000 for a new home.

<h3>What is the payment monthly?</h3>

The monthly payment is the quantity paid per month to pay off the loan in the time period of the loan. When a loan is taken out it isn't only the top amount, or the original payment loaned out, that needs to be repaid, but also the good that accumulates.

<h3>What is a loan amortization schedule?</h3>

It is described as the systematic method of representing loan payments according to the time in which the principal amount and interest exist mentioned in a list manner

It is given that:

Cassidy lives planning to obtain a loan from her bank for $210,000 for a new home.
A fixed annual interest rate of 2.7% compounded monthly for 15 years.

The formula is:

$P=F_{P} (i)/1-(1+i)^{-1}$