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qaws [65]
2 years ago
15

for the past twenty years, curtis purchased its jewelry-cleaning kit components from evans’ suppliers, a local company that rece

ntly went out of business. as a recent hire to curtis, you are excited about the opportunity to search for a supplier. what should be your first step?
Business
1 answer:
TEA [102]2 years ago
8 0

As a new Curtis hire, the first step in looking for a supplier is to explore priorities within your own company and find out which Curtis stakeholders, such as manufacturing and marketing, need a supplier.

Every organizational action comes from planning, there needs to be analysis, gathering of relevant information, evaluation of alternatives and therefore decision-making.

Therefore, the choice of a new supplier must be based on the company's needs, and the one that offers the best opportunity cost, the best price, service and quality must be chosen.

Learn more here:

brainly.com/question/12140930

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Tracing transactions through the information system relevant to financial reporting. inquiring of entity personnel. assessing in
borishaifa [10]

Tracing transactions through the information system relevant to financial reporting.

Financial reporting is the process of documenting and speaking monetary activities and performance over particular time intervals, usually on a quarterly or every year basis. corporations use monetary reports to prepare accounting data and document on contemporary economic status.

Financial reporting includes the subsequent: external economic statements (earnings announcement, statement of comprehensive earnings, balance sheet, declaration of coins flows, and declaration of stockholders' equity) The notes to the financial statements.

Financial reporting is crucial for management to make informed business decisions primarily based on information of the company's financial health. potential investors and banks may also use your enterprise's financial reporting to decide if they need to make investments or loan you money.

Learn more about Financial reporting here: brainly.com/question/28065899

#SPJ4

4 0
1 year ago
Flannigan Company manufactures and sells a single product that sells for $450 per unit; variable costs are $300. Annual fixed co
uysha [10]

Answer:

Break-even point in units= 13,300

Explanation:

Giving the following information:

Unitary selling price= $450

Fixed cost= $870,000

Unitary variable cost= $300

Desired profit= $1,125,000

<u>To calculate the units to be sold, we need to use the break-even point with desired profit:</u>

<u></u>

Break-even point in units= (fixed costs + desired profit) / contribution margin per unit

Break-even point in units= (870,000 + 1,125,000) / (450 - 300)

Break-even point in units= 13,300

6 0
2 years ago
Wilcox Corporation reported the following results for its first three years of operation: 2020 income (before income taxes): $30
inysia [295]

Answer:

$1,890,000

Explanation:

Calculation to determine what income (loss) is reported in 2021

2021 Reported Income loss=[$2,700,000-($2,700,000 × 30%)]

2021 Reported Income loss=($2,700,000-$810,000)

2021 Reported Income loss=$1,890,000

Therefore the income (loss) that is reported in 2021 will be $1,890,000

8 0
3 years ago
Loretta Bolero wants to run for office but cannot devote more than two years to the job. What office do you suggest that Loretta
MAVERICK [17]
A vacant senant seat so A

7 0
3 years ago
Read 2 more answers
oss Music Inc. reported the following selected information at March 31. 2022 Total current assets $262,787 Total assets 439,832
Alexxandr [17]

Answer:

Please see below

Explanation:

a. Current ratio

= Total current assets / Total current liabilities

= $262,787 / $293,625

= 0.89

b. Debt to assets ratio

= Total current liabilities / Total assets

= $293,625 / $439,832

= 0.67

c. Free cash flow

= Net cash provided by operating activities - Dividends - Capital expenditure

= $62,300 - $12,000 - $24,787

= $15,685

5 0
2 years ago
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