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ratelena [41]
2 years ago
5

Your organization hired a specialist in a certain field to provide training for a short period of time. Which reason for outsour

cing would this example fall under?a. Reducing costb. Accessing skills and technologyc. Allowing the client organization to focus on its core businessd. Providing flexibility
Business
1 answer:
bixtya [17]2 years ago
7 0

Answer:

Providing flexibility

Explanation:

Outsourcing is when certain job functions are given to third parties.

The advantages of outsourcing includes:

It reduces cost

It gives access to skills and technologies

It Allows the client organization to focus on its core business

It provides flexibility.

In the above question, outsourcing enhances flexibility because the organisation needs services only for a short time.

I hope my answer helps you.

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Suddeth Corporation has entered into a 6 year lease for a building it will use as a warehouse. The annual payment under the leas
ratelena [41]

Answer:

A) $12,528

Explanation:

We should consider the rent payment as an annuity. Because we are paying, it should be considered the present value of an annuity.

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C  2,468

time 6

rate         0.05

2468 \times \frac{1-(1+0.05)^{-6} }{0.05} = PV\\

PV $12,526.8080

We are asked for the closet option, so we have to chose A) 12,528

6 0
1 year ago
On January 1, 2021, Avondale Lumber adopted the dollar-value LIFO inventory method. The inventory value for its one inventory po
Gelneren [198K]

Answer:

Avondale Lumber

Rebasing the Inventory at year-end using the dollar-value LIFO inventory method:

Year Ended     Inventory year     Cost index                Inventory Amount

December 31   end costs       (relative to base year)     at year-end

2021                  $340,000                  1.02                       $333,333

2022                   350,000                  1.06                       $330,189

2023                   400,000                  1.07                       $373,832

2024                   430,000                  1.10                       $390,909

Explanation:

a) Data:

Year Ended     Inventory year     Cost index

December 31   end costs       (relative to base year)

2021                  $340,000                  1.02

2022                   350,000                  1.06

2023                   400,000                  1.07

2024                   430,000                  1.10

b) The inventory at year-end costs is rebased using the cost index that is relative to the base year, by dividing the inventory costs by the cost index.

7 0
1 year ago
If frost in Florida reduces the quantity of vegetables sold by 20 percent and increases their retail price by 30 percent, one ca
Anit [1.1K]

Answer: The supply of vegetables has shifted to the left along an inelastic demand curve

Explanation: The quantity of vegetables sold has been reduced by 20 percent, which simply means the aggregate market supply curve has experienced a drop/decrease and that is usually indicated by a complete shift of the supply curve to the left.

Furthermore, we can determine easily if the demand is elastic or inelastic, since the question has stated the percentage change in quantity demanded as 20% and the percentage change in price as 30%.

The coefficient of elasticity is calculated as

E = %change in quantity demanded/%change in price

E = 20/30

E =0.66

Since the coefficient of elasticity is less than 1, then it means demand is inelastic.

3 0
1 year ago
Read 2 more answers
Ana is thinking about putting $200 in a savings account that earns 4% interest compounded semiannually. She wants to keep that m
rjkz [21]
Compound interest formula:
A = P * ( 1 + r/n ) ^(n t)
In this case:
A = $200 * ( 1 + 0.04/2 )^(2*2) =
= $200 * ( 1.02)^4 =
= $200 * 1.08243 = $216.49
Answer: At the end of the 2 years she will have $216.49.  
3 0
2 years ago
Read 2 more answers
China Inn and Midwest Chicken exchanged assets. China Inn received a delivery truck and gave equipment. The fair value and book
m_a_m_a [10]

Answer:

$31,000; $10,000

Explanation:

Given that,

Fair value of the equipment = $22,000

Book value of the equipment = $12,000

Original cost of the equipment = $45,000

Accumulated depreciation = $33,000

Fair value of delivery truck:

= Cash paid to Midwest Chicken for delivery truck apart from equipment + Fair value of equipment sold in exchange

= $9,000 + $22,000

= $31,000

Gain recognize on exchange:

= Fair value of equipment given in exchange - Book value of equipment

= $22,000 - $12,000

= $10,000

4 0
2 years ago
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