An agreement exists when one party offers a certain bargain to another party.

Which extended ERP component collects information used throughout an organization, organizes it, and applies analytical tools to

grin007 [14]

The extended ERP component that collects information throughout an organization and evaluates it is called <u>Business intelligence.</u>

<h3>What is business intelligence?</h3>

This is the component of Enterprise Resource Planning (ERP) that deals with collecting information from the entire organization.

This information would then be organized and prosessed after which it will then be used to guide the decisions of management.

Find out more on Enterprise resource planning (ERP) at brainly.com/question/14635097.

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8 0

2 years ago

Sauer Food Company has decided to buy a new computer system with an expected life of three years. The cost is $300,000. The comp

pychu [463]

Answer:

Explanation:

From the given information;

Suppose the interest rate is constant. then at 10% three-year loan;

The total interest at 10% will be:

= $300000 × 10% × 3years

= $90000

Aso, 8% one year loan with rollover will be total interest at 8%:

= $300000 × 8% × 3 years

= $72000

Savings in interest of Sauer Food Company = $(90000 - 72000)

= $18000

Suppose short-term rates change, then for the first year, we will have:

= 300000 × 0.1

= $30000

second year will be = 300000 × 0.13

=$39000

third year will be= 300000 × 0.18

=$54000

As such, the total rate of the variable loan = $30000 + $39000 + $54000

= $123000

However, the fixed rate at 10% three year loan is equal to = $90000

As such, the additional total interest cost = $(123000 - 90000)

= $33000

3 0

3 years ago

Iverson Company purchased a delivery truck for $45,000 on January 1, 2018. The truck was assigned an estimated useful life of 10

Gnom [1K]

Answer:

Depreciation expense for 2018 is $6,300.

Depreciation expense for 2019 is $7,700.

Explanation:

The unit-of-production method also known as units-of-activity method is used when the asset value closely relates to the units of output it is able to produce. It is expressed with the formula below:

(Original Cost - Salvage value) / Estimated production capacity x Units/year

At Year 2018, depreciation expense (DE) is: ($45,000 - $10,000) / 100,000 miles x 18,000 miles = $6,300/year

At Year 2019, depreciation expense (DE) is: ($45,000 - $10,000) / 100,000 miles x 22,000 miles = $7,700/year

Accumulated depreciation for 2 years is $6,300 + $7,700 = $14,000.

Note that this depreciation method results in higher depreciation charge when the asset is heavily used, at this time, it was in Year 2019.

The NBV under this method is: $45,000 - $14,000 = $31,000.

7 0

3 years ago

The Three Amigos Restaurant just paid an annual dividend of $4.20 per share and is expected to pay annual dividends of $4.40 and

shusha [124]

Answer:

$33.93

Explanation:

First, find the present value of each year's dividend at 15% required rate of return;

(PV of D1 ) = 4.40 / (1.15) = 3.8261

(PV of D2 ) = 4.50 / (1.15²) = 3.4026

Next, find terminal Cashflow;

D3 = D2 (1+g)

D3 = 4.50 (1.02) = 4.59

(PV of D4 onwards ) = $\frac{\frac{4.59}{0.15-0.02} }{(1.15)^{2} } \\ \\ = \frac{35.3077}{1.3225} \\ \\ = 26.6977$

Next sum up the PVs to find price;

=3.8261 + 3.4026 + 26.6977

= 33.926

Therefore, this stock is worth $33.93 today

7 0

3 years ago

Tiptoe shoes had annual revenues of $201,000, expenses of $111,700, and dividends of $24,400 during the current year. the retain

Andreyy89

Entry to close the income summary account at the end of the year:

At the time of closing the Income Summary account, the Income Summary account is debited and Retained earnings account is credit with the amount of Net Income. Net Income can be calculated as follows:

Net income = Revenue – Expenses = 201,000-111,700 = $89,300

Hence the entry to close the income summary account at the end of the year shall be as follows;

Income Summary Debit $89,300

Retained earnings Credit $89,300

4 0

3 years ago