Details of invoices for purchases of merchandise are as follows: Merchandise Freight Terms Returns and Allowances(a) $2,800 $45 FOB shipping point, $200 1/10, n/30 (b) 7,600 60 FOB destination, n/30 800(c) 1,400 55 FOB shipping point, 600 2/10, n/30 (d) 500 50 FOB destination, 0 1/10, n/30Determine the amount to be paid in full settlement of each of the invoices, assuming that credit for returns and allowances was received prior to payment and that all invoices were paid within the discount period.(a) $(b) $(c) $(d) $
Answers
Answer:
A.$2,619
B.$6,800
C.$839
D.$495
Explanation:
Calculation to Determine the amount to be paid in full settlement of each of the invoices,
a) (2,800-200)*99%+45
=2,600*99%+45
=2,574+45
= $2,619
b) (7,600-800)
= $6,800
c)$1,400 – $600 – $16 + $55
=$784+$55
= $839
d)$500 –$5 = $495
Related Questions
if you have good judgment and can handle pressure on the job, you show
Answers
Answer: professionalism
Explanation: This is because, it is expected of every professional person to have all these characteristics in the work place
define career progression
Answers
Answer:
career progression is that it's the act of moving forward in your career. You may hear people talking about “climbing the ladder” at work, however progressing in your career doesn't always mean getting a promotion or securing a more highly paid role
Create a Logo and Protect It
Required Materials
Design software (slideshow presentation software, graphic design software)
Internet access
Online application
You and your best friend decide you would like to open a coffee shop. Create a sample logo, showcasing the name of your coffee shop. Determine the most appropriate way to protect your business name and logo through choosing the applicable intellectual property law.
Follow these steps to complete this activity. You will choose a name, create a logo with your preferred design program, and fill out a sample application for protecting your intellectual property.
Step 1: Create a name and relevant logo
Decide on a name for the coffee shop.
Using your preferred design program, create a relevant logo.
Step 2: Choose intellectual property law and do online research
Determine which intellectual property law applies to protecting names and logos.
Go online to your state’s government site.
Find applications to register and protect intellectual property.
Step 3: Complete the application
Download the appropriate application.
Fill it out as if you planned to submit it.
Answers
Create a name and logo for your coffee shop, choose trademark law for intellectual property protection, conduct online research, and complete a sample trademark application with accurate information and supporting documents.
Step 1: Create a name and relevant logo
Name: Choose a unique and distinctive name for the coffee shop, such as "Brew Haven Coffee Co."
Logo: Use graphic design software to create a visually appealing logo that reflects the essence of the coffee shop, incorporating elements like coffee beans, a coffee cup, or related imagery.
Step 2: Choose intellectual property law and do online research
Intellectual Property Law: Trademark law is the most appropriate form of intellectual property protection for business names and logos. It grants exclusive rights to use and protect distinctive names, logos, or symbols associated with goods or services.
Online Research: Visit your state's government website and search for the relevant trademark registration and protection information.
In the United States, the United States Patent and Trademark Office (USPTO) is responsible for trademark registrations. Explore their website to understand the registration process, requirements, and fees.
Step 3: Complete the application
Download: Visit the USPTO website (uspto.gov) and download the trademark application form (USPTO Form 1).
Fill out the application: Provide accurate and detailed information about your coffee shop's name, logo, and the goods or services associated with it. Include a specimen of the logo (such as a high-quality digital image) as required.
Submit: If you were planning to submit the application, follow the instructions provided by the USPTO for payment of fees and submission procedures.
Remember, this is a simplified explanation and process. It is advisable to consult with a legal professional specializing in intellectual property to ensure compliance with specific regulations and to maximize protection for your coffee shop's name and logo.
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Give an example of situation in which a surplus of a product lead to decreased prices.
Similarly give an example of a situation in which a shortage lead to increased prices.
Answers
Example of a situation in which a surplus of a product leads to decreased prices is food staples in America.
An example of a situation in which a shortage leads to increased prices is increasing prices of fuel due to a lack of fossil fuel availability.
What is refers as a surplus of any product?Surplus of any product refers to a situation when the availability of goods is in more quantity whereas the demands for the products are sufficient which makes it decrease in the prices of products.
Food staples like frozen foods and vegetables along with eggs are considered a surplus product in America.
The prices of fossil fuels are increasing in the world as they are obtained through fossils that are not available in abundance which creates high demands for daily consumption and results in shortage.
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What will produce more accurate results when giving a survey?
A. Using the word "frequently" in a question
B. Creating face-to-face interviews
C. Adding boxes to check for answers
D. Creating an open questions
Answers
Answer:
Option B; Creating face-to-face interviews
Explanation:
Research has shown that face-to-face interviews tend to produce more accurate results when giving a survey. So the correct answer is option B.
Blossom Company developed the following information about its inventories in applying the lower of cost or market (LCM) basis in valuing inventories: Product Cost Market A $135000 $142000 B 94000 90000 C 189000 191000 If Blossom applies the LCM basis, the value of the inventory reported on the balance sheet would be
Answers
Answer:
$414,000
Explanation:
Product Cost Market
A $135000 $142000
B $94000 $90000
C $189000 $191000
When a company uses the lower of cost or market rule in order to report their inventory level, they must calculate it based on which is lower, the purchase cost or the market value.
In this case, the company should report products A and C at cost (which are lower than market value), but it should report product B at market value because it's lower.
ending inventory = $135,000 + $90,000 + $189,000 = $414,000
Performance Appraisal and Management by Aguinis
Answers
The concept of performance management is that overall, N Performance management, according to Aguinis (2009), is a continual process of identifying, evaluating, and developing individual performance that is in line with the strategic goals of the business.
What is the performance management about?The idea of a performance management system is multifaceted. Performance management is a continual process that involves:
1) Identifying
2) Measuring
3) Defining goals
4) Improving
5) Coaching an individual's or a team's performance.
6) Alignment of performance with the organizational strategic goals.
In contrast, only two of the performance management system's components make up a performance appraisal system (i.e., the identification and measurement of individual and team performance). In other words, an employee's strengths and weaknesses are systematically described in a non-continuous (e.g., once-a-year) performance review system.
Lastly, It does not contain any continuous initiatives to provide goal-setting, professional development or coaching, or to strategically link workers' work with company goals. As a result, a performance management system includes a performance appraisal system.
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See full question below
Performance Appraisal and Management by Aguinis
Chapter 1—Performance Management and Reward Systems in Context
Learning Objectives
1.1 Explain the concept of performance management.
A car owner found that her monthly cost of driving her car depends on the number of miles she drives. She calculates that if she drives 320 miles per month, her monthly cost is $270. If she drives 400 miles per month, her monthly cost is $297. Assume that the monthly cost, C, of driving the car is a linear function of the number of miles, d, she drives in a month.
The formula for the monthly cost, C, of driving the car as a function of the number of miles, d, she drives in a month, is
Answers
An investor sells 150 shares of Amazon (AMZN) stock at $35.00 and pays a $7 commission. What is the total amount of money received by the investor ?
$5,243
$5,250
$5,520
Please help me answer it correctly
Answers
Answer:$5,257 well....thats not an option so im sorry....if i were to guess based on answer opitons i would pick $5,243
Explanation:
:)
In Infosys BPM ltd, during the client audit,the external auditor seeks for your credentials.what would be your response
Answers
I would respond to the external auditor's request for credentials by providing my employee ID card, relevant certifications, and references to establish my qualifications and expertise.
During a client audit at Infosys BPM Ltd, if the external auditor seeks my credentials, I would respond in a professional and transparent manner. I would provide them with the necessary information to establish my credentials and assure them of my qualifications and expertise.
I would begin by presenting my identification, such as my employee ID card, which clearly displays my name and position within the company. I would also provide any relevant certifications or degrees that validate my qualifications in the specific area being audited. Additionally, I would offer references or contact information of supervisors or colleagues who can vouch for my work and knowledge.
It is crucial to maintain open communication and build trust with the external auditor. I would address any concerns they may have and be prepared to answer any questions regarding my role, responsibilities, and experience in the relevant field.
Ultimately, my aim would be to demonstrate that I possess the necessary credentials and expertise to fulfill my responsibilities effectively and contribute to a successful audit process.
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Explain the imortance of feedback in the communication process.(3marks)
Answers
Substitute x = b 2 into the simplified expression, the value was 20.
Answers
Answer:
b= 10 x = 20
Explanation:
b= 10. 10 x 2 =x
Therefore the value of X is 20 if you substitute the value twenty for x then divide that value by two you received your variable b's answer.
With which approach to value does the appraiser analyze a property’s ability to earn future income?
Answers
The income approach is what the appraiser uses to analyze a property’s ability to earn future income.
What is the income approach?This is the term that is used to refer to the real estate valuation which is used to value a property based on the income that the particular property generates on the estimated fair value of that property.
Hence we can conclude that the The income approach is what the appraiser uses to analyze a property’s ability to earn future income.
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Many businesses will set the ________
through their organizational leadership.
A. Human resource policies
B. Company policies
C. Morality procedures
D. Ethical Tone
Answers
Answer:
D. Ethical Tone
Explanation:
Ethical tone can be regarded as mood as well as tenor that is been set by leaders about right and wrong choices or between admirable not admirable forms of behaviour in an organization. It should be noted that Many businesses will set the Ethical Tone through their organizational leadership.
A fire has destroyed a large percentage of the financial records of Carter Health System. You have the task of piecing together information to prepare a financial report. You have found the profit margin to be 5.4 percent. If sales were $4 million on total assets of $2 million, and the amount of debt financing was $800,000, what was Carter's return on equity (ROE)
Answers
Answer:
18%
Explanation:
The computation of the return on equity is shown below:
Net income is
= profit margin × sales
= 5.4% × $4 million
= $0.216 million
Now
Equity = total assets - debt
= $2 million - $800,000
= $1.2 million
ANd, finally
ROE = net income ÷ equity
= 0.216 ÷ 1.2
= 18%
[Total = 25marks]
QUESTION 2
a. Azon and Son Ltd acquired use of plant over three years by way of a lease. Installments of
GhC700,000, are paid six monthly in arrears on 30 June and 31 December. Delivery of the plant
was on 1 January 2010 so the first payments of GhC700,00 was on 30 June 2010. The present
value of minimum lease payments is GhC3,000,000, Interest implicit in the above is 10% per six
months. The plant would normally be expected to last three. Azon and Son is required to insure
the plant and cannot return it to the lessor without severe penalties.
Required
i. Describe whether the above lease should be classified as an operating or finance
1
Answers
A significant portion of the asset's economic life—three years—is covered by the lease period. The minimum lease payment present value is GhC3,000,000, which is essentially the entire leased asset's fair market value.
The equivalent of monthly rent, a lease payment is formally stipulated in a contract between two parties and gives one party the right to use the other party's real estate holdings, manufacturing equipment, computers, software, or other fixed assets for a predetermined period of time.
A lease payment will be shown as a right-of-use asset and lease liability on the balance sheet. The ROU asset is the ownership of the asset under the lease contract, whereas the lease liability period is the payment obligation during the course of the lease contract.
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What advice would you give David to help him communicate ethically and responsibly? Check all that apply
Answers
Answer:
1 jawaab
Scenario David Ortega works for WebLINE, a web hosting and design company. One of his clients, a musician named Harry Gorman, is posting copyrighted material ...
If the federal government wants to encourage businesses and consumers to spend more money, it wo
A)
increase the tax rate.
B)
decrease the tax rate.
C)
increase the reserve requirement.
Eliminate
D)
decrease government spending on goods and services.
Fearing a recession the government decide
Answers
Answer:
B) decrease the tax rate.
Explanation:
Decreasing taxes results in individuals and businesses paying lower taxes to the government. Reducing taxes increases the amount of disposable income available to individuals and firms. Therefore, a decrease in taxes will have the same effects as an increase in income. Households and firms will have more money available for spending.
Decreasing taxes is one way the government may use to encourage increased spending. On the other hand, an increase in taxes results in lower disposable income for people and firms. A decrease in government spending results in fewer jobs available, which reduces incomes and consumer spending.
A great way to ontain hands-on training in a real work environment is to complete a(n)
Answers
Answer:
It's c, apprenticenship
1.2. What are five foundations of economics?Eleanor works at a department store and is paid by the hour. She can work as many hours as she wants each week. When not at work, Eleanor likes to spend her time reading. The store recently increased her hourly wage.Fill in the blanks to complete the passage describing Eleanor’s situation.
Answers
Answer:
There is a connection between work and the incentive to work.
The more incentive we have to work, the more work we get done. One of the incentives that we have to work is wages or money.
With the increase in the hourly wage, Eleanor will now weigh how much she would gain or lose in wages every time she chooses to work or not. In order words, the opportunity cost of reading at home. The more time she spends reading rather than working, the more money she loses.
Cheers
Linda installed a special pool for the hydrotherapeutic treatment of severe arthritis, as prescribed by her doctor. The cost of installing the pool was $16,160, and her insurance company paid $4,040 toward its cost. The pool increased the value of Linda's house by $5,656, and it has a useful life of 10 years.
How much of a deduction (before any AGI limitations) is Linda entitled to in the year of installation of the pool?
$fill in the blank 1
Answers
Linda installed a special pool for the hydrotherapeutic treatment of severe arthritis, as prescribed by her doctor. The amount of deduction is $6464
What are AGI limitations?Generally, Your Adjusted Gross Income (AGI) will never be more than the total gross income reported on your tax return, and in certain instances, it may even be lower.
On more information, please refer to the instructions for Form 1040 (PDF Schedule 1). If you file your taxes using the Married Filing Jointly status, the $73,000 AGI ceiling applies to the total amount of income that both of you bring in as a married couple.
Compute the amount of deduction as follows:
The deduction amount would be allowed as an expense in the year of installation.
Amount of deduction allowable = Special Equipment cost - Increase in property value -Insurance Received
Therefore
=16160- 4040 - 5656
= 6464
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Greta has been asked to purchase some new office equipment for three new employees. Each of the employees will need a chair, headset, mousepad, 6 notebooks, and 6 pens. Use the list below to calculate the total cost of her order before taxes.
Answers
Greta has been asked to purchase some new office equipment for three new employees. the total cost of her order before taxes.
=$409.71
What is the total cost?The aggregate of an organization's recurrent and non-negotiable expenditures is referred to as its total fixed costs. Consider the following scenario: a corporation rents office space at a rate of $10,050 per month, pays $5,000 per month for the use of machines, and has a monthly power cost of $1,000. In this scenario, the total amount that the corporation would spend on its fixed expenses would be 16,050.
Generally, the total cost of each item is mathematically given as
chair= 85.95
headset=29.99
mouse=6.79
notebook=7.14
pen=6.70
the total cost of the order of one employee=$136.57
In conclusion, for 3 employees
=$136.57*3
=$409.71
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CQ
The complete question is attached below
Can someone please help me with PART B)
its very confusing to me.
Thank you.
Answers
Part B) The adjusting journal entries to the accounts of Banners Inc. are as follows:
Debit Bank Charges $50
Credit Cash $50
To record the bank charges.Debit Cash $4,000
Credit Notes Receivable $4,000
To record the receipt of the notes.Debit Cash $396
Credit Accounts Payable $396
To reverse an overstated check entered as $915 instead of $519.Debit Accounts Receivable $200
Credit Cash $200
To record an NSF check from a customer.Analysis of Transactions Affecting the Banners Records:Bank Charges $50 Cash $50
Cash $4,000 Notes Receivable $4,000
Cash $396 Accounts Payable $396
Accounts Receivable $200 Cash $200
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Calculate the present values P of an annuity in which $10,000 is to be paid out annually for a period of 25 years, assuming an interest rate of 0.03. Round to the nearest dollar.
Answers
The present value of the annuity, which is the present worth of a series of equal payments, can be calculated by discounting each payment to its present worth. Annuity is $5,164.
To calculate the present value of an annuity, we use the formula:
\(PV = A / (1 + r)^t\)
where:
A = $10,000 (annual payment)
r = 0.03 (interest rate)
t = 25 (number of years)
Plugging in the values:
\(PV = $10,000 / (1 + 0.03)^25PV = $10,000 / 1.03^25PV = $10,000 / 1.945623065PV = $5,164.48\)
Rounding to the nearest dollar:
PV = $5,164
So, the present value of the annuity is $5,164.
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Calculate the present values P of an annuity in which $10,000 is to be paid out annually for a period of 25 years, assuming an interest rate of 0.03. Round to the nearest dollar?
answered - expert verified
changing role of women in the past 25 year
relating to joint families . nuclear families
women as a bread earner of the family.
changes in the requirement trend of mixers.
washing machines , micro wave and standard
of living
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Answers
expert ithegrhrhrrhhehrhhrhrgegrgrhrhbbenehehhe
Answer:
hloooooooooooooooooooooooooooooooo
Defend or critique the following statement, using supporting evidence: “Getting to work early on your first day at a new job is the best way to impress your boss.”
Answers
Answer:
Dressing well, being prepared, having a positive attitude, arriving early for work and asking good questions.
Explanation:
Putting on appropriate attire, planning ahead, being cheerful, showing up early for work, and being inquisitive.
What are the good features of best performer?Always attempt to arrive on time at work, especially on your first day. Plan to arrive 10 to 15 minutes early if you really want to create a good impression.
Inform them of your most recent employer and your upcoming responsibilities. You may also get ready to discuss your employment history.
A prepared elevator pitch can help you make a strong first impression when your employer asks you to introduce yourself to the team on your first day.
They do this by employing a variety of tactics, including picking high-impact projects to concentrate on, developing their abilities, and regularly utilizing a tried-and-true productivity method like Getting Things Done.
Therefore, getting to work early on your first day at a new job is the best way to impress your boss.
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3. Would you rather fund your company using mostly debt funding, or mostly equity funding? Why?
Answers
Answer:
debt funding
Explanation:
because its wise and I would
Answer:
debt funding
Explanation:
Funding using debt allows you to keep all ownership of the company and equity funding gives control to someone else and puts a price on the company which isn’t good if just a small start up
Question 5
If an individual has a Holland code suggesting Conventional strengths,
career in which field might be most satisfying?
h
O Finance
O Teaching
O Food Service
O Medicine
Answers
If an individual has a Holland code suggesting Conventional strengths, the career in finance field might be most satisfying. Thus, the correct answer is option B.
What is a Holland Code?The Holland Codes, also known as the Holland Occupational Themes, are a taxonomy of interests based on a career and vocational choice theory developed by American psychologist John L. Holland.
The Holland Codes are a component of the Strong Interest Inventory, which is used to assess interests. Holland defines the "Conventional Type" as a person who has "a preference for actives that entail the explicit, ordered, systematic manipulation of data . These behavioral tendencies, in turn, lead to the development of clerical, computational, and business system competencies.
Therefore, a career in finance would be appropriate for an individual who has a Holland code suggesting Conventional strengths.
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What dose it mean to be fully human were interacting with others any virtual space like classroom why or why not
Answers
While interacting with others in a virtual space, to be fully human means for instance such as in a classroom, means having the qualities and characteristics inclusive to humanity, even though the medium of communication being virtual.
It involves identifying and embracing our shared humanity and engaging in meaningful connections with other people like friends family colleagues, even though miles apart and can only see by virtual screens.
Emotional connections, sharing knowledge, expression ,communication collaboration cooperation are the various forms. Therefore, virtual experiences though lack sensory and physical aspects of face-to-face interactions, they still provide a platform for human connection, learning, and growth.
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What is the purpose of blockchain technology?
Answers
The purpose of blockchain technology is to provide a decentralized and transparent system for recording and verifying transactions or information. It is a distributed ledger technology that allows multiple parties to maintain a shared database without the need for a central authority. Overall, blockchain technology provides a robust and secure framework for businesses to enhance security, transparency, efficiency, and trust in their operations, leading to improved processes and better customer experiences.
The main purpose of blockchain technology is to create a distributed and secure ledger of transactions. Some key aspects of blockchain technology include:
Distributed - The blockchain is distributed across a network of computers instead of being stored in a centralized location. This makes it more resistant to data tampering and hacking.
Secure - Blockchain uses cryptographic techniques to ensure the integrity and security of the data. Once a transaction is recorded, it is very difficult to change or hack the data.
Transparent - All transactions recorded on the blockchain are publicly visible to anyone with access to the network. This transparency helps prevent fraudulent activities.
Automatic - Blockchain uses a distributed consensus mechanism to automatically validate transactions. There is no need for a central authority or intermediary.
Immutable - Once a transaction is recorded on the blockchain, it is almost impossible to change. This immutability provides a high degree of certainty for transactions.
The main applications of blockchain technology are:
Digital currency - Blockchain underlies cryptocurrencies like Bitcoin which are decentralized digital currencies.
Financial transactions - Blockchain can be used to record financial transactions in an efficient, secure and transparent manner.
Supply chain management - Blockchain can track materials, payments and documents throughout supply chains.
Smart contracts - Self-executing contracts can be embedded in the blockchain to automatically execute terms of agreements.
Asset registry - Assets like land titles, jewelry, artwork, etc. can be recorded on a blockchain to prove ownership and authenticity.
In summary, the key purpose of blockchain technology is to create an incorruptible digital ledger of data that is distributed across a network. This makes the data secure, transparent and permanent.