Answer:
The amount of cash received on January 24 is $3332
Explanation:
The amount of cash received will be for the net amount of receivable after adjusting for sales returns and the sales discount as the payment is received within the discount period of 10 days as stated by the term 2/10 which means a 2% discount if payment is received within 10 days of sale.
The accounts receivable at January 15 after sale were $4500. Out of this amount, $1100 of returns are made. Thus, the remaining balance of accounts receivables after return is $4500 - $1100 = $3400
The discount received will be = 3400 * 2% = $68
Thus, the cash received on January 24 will be 3400 - 68 = $3332
Answer:
TRUE
Explanation:
Kleister Company:
1. Issues bonds for $100 million - INFLOW
2. Repays a long-term notes payable of $10 million. - OUTFLOW
3. The company also repurchases its own shares for $12 million - OUTFLOW
4. Issues stock dividends with a market value of $5 million. - NOT A CASH FLOW
It is therefore true that Net cash flow from financing activities will be: $78 million [100 million - 10 million - 12 million] since the dividends are stock dividends not cash dividends
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Answer:
D) all of these answer
Explanation:
for creating chain management we need to have
1) Quick response (QR) - is refer to that bar code which is used to track information for any products. this type of bar code is mainly used in shopping or buying in any product.
Bar code is a code in which information is store which can be used further in market.
2) vendor managed inventory - in this information provided by customer to the vendor about any product.
3) Efficient consumer response - it is a mutual coordination between producer, wholesaler to fastened and feasible the service to customer.
He could possibly work on power lines because it used electrify with creates energy transmission