Answer: $5,586
Explanation:
Tamarisk, Inc. sells merchandise on account for $7,400 to Cheyenne Corp. with credit terms of 2/15, n/30
Returned goods worth $1700 of merchandise that was damaged.
Total purchase. $7,400
Less: Return. ($1,700)
Net purchases. $5,700
Made pmt within the discount period of 15 days at 2% discount
Purchases of $5,700 x 2%. = $114
Total amount paid for the purchase is $5,700 - $114 = $5,586
Answer:
Rent of the building will remain the same
Explanation:
The fixed costs will not change because fixed cost remains fixed for any level of activity whereas the variable cost changes with the increase in level of activity. As the activity level will change with additional hours work which will increase the variable costs only. So all variable costs will increase whereas fixed will remain fixed. The all the other options were variable costs except rent which is fixed cost. So rent will no change because of additional hours worked.
Answer:
1. Protection against default, evictions, foreclosures, and repossessions
2. Terminate residential and automobile leases due to PCS
Written and oral disclosure of terms
3. Reduce interest to 6% on certain loans and lines of credit obtained prior to entering active duty
Explanation:
The Servicemembers Civil Relief Act (SCRA) provides financial and legal protections for active-duty service members, as well as National Guard and reserve members, and their families. This protections are:
- creditors reduction of interest rate on debts to 6% for liabilities obtained prior to entering active duty
- Protection against default, evictions, foreclosures, and repossessions, preservice mortgage debt is valid if made during or within nine months after your service on active duty, unless carrying out a valid court order
- Deferment of income tax before or during military service.
- Protection against eviction
- Protection against default judgments
- Postponement of court proceedings if on duty
- Termination of automobile, residential lease and phone service by delivering a written notice of termination.
- Voting rights
- Life insurance coverage
Is this a true or false question if so its true if not can you give me possibility anwsers <span />
Answer
The answer and procedures of the exercise are attached in the following archives.
Explanation
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
