Answer:
The amount received in cash is $2,328
Explanation:
The amount which is received in cash is computed as:
On January 20, the amount of $600 goods returns from customer, so the remaining balance is
= $3,000 - $600
= $2,400
On the remaining balance, the discount which is evaluated as the payment is received within the discount period which is January 25. So,
= $2,400 x (100% - 3%)
= $ 2,400 x 97%
= $ 2,328
Answer:
salary prior to taxes and tax deductions.
Explanation:
A pay stub usually referred to as a pay slip or paycheck stub is the financial document that lists the amount of money an employee is paid. It is generally issued by the employers for each
pay period.
Pay stub gives a detailed information about total earnings of an employee for the pay period, tax deductions from the total as well as the net pay after deductions.
Federal Insurance Contributions Act (FICA) is usually written on all pay stubs, which is an indication of an employee's contribution to Medicare and Social Security.
Answer:
D deed
Explanation:
Real estate property ownership is recorded and tracked with documents known as the deed or the title deed. The records are in the custody of the County Recorder’s office. Any transfer of property ownership must be accompanied by a change to the official documents to reflect the new owner. The change in name on the deed documents is what signifies the transfer of ownership.
Answer:
a. Inventory Turnover:
= Cost of goods sold / Average inventory for the year
= 642,400 / 210,000
= 3.06
b. Number of days' sales in inventory
= Ending inventory / (COGS / 365)
= 156,409 / (642,400 / 365)
= 88.9 days
c. Accounts receivable turnover
= Net sales / Average Accounts Receivable
= 1,022,000 / 43,000
= 23.77 times
d. Number of days sales in accounts receivable
= Accounts Receivable at year end / (Net sales / 365)
= 22,400 / (1,022,000 / 365)
= 8 days
Answer:
A yard.
Explanation:
It is roughly about the same length as a meter.
