Answer:
amount is received as payment in full on June 23 = $686
Explanation:
given data
credit sale = $750
terms = 2/10, n/30
return = $50
to find out
amount is received as payment in full on June 23
solution
first we get here amount to be made as payment that is
amount to be made as payment = $750 - $50
amount to be made as payment = $700
and there is a 2% discount when it paid in 10 days it will be = 2% of $700
= $14
so amount is received as payment in full on June 23 will be
amount is received as payment in full on June 23 = $700 - $14
amount is received as payment in full on June 23 = $686
Answer:
I believe the answer for your question is A, Cost of the activities. Hope this helped!
Answer:
YTM = 0.06409 or 6.409% rounded off to 6.41%
Explanation:
The YTM or yield to maturity is the yield or return that the bond will provide if it is purchased today and held till maturity. The formula to calculate the YTM will be,
YTM = [ (C + (F - P)/n) / ((F + P)/2) ]
Where,
- C is the coupon payment
- F is the face value of the bond
- P is the current value
- n is the number of years to maturity
Coupon = 1000 * 0.07 = 70
YTM = [ (70 + (1000 - 1062.50)/16) / ((1000 + 1062.50)/2) ]
YTM = 0.06409 or 6.409% rounded off to 6.41%
Answer:
C) situation analysis
Explanation:
Situation Analysis are methods used by managers to evaluate their internal and external environment to understand challenges faced by the business, and opportunities to exploit.
At Squeaky Clean was a situation analysis was done and it was discovered that high turnover of wash attendants was affecting customer confidence in their business (internal environment).
Also a competitor had an additional service, that is frequent cleaner card (external environment).
The management will use this information to better serve their customers, so that they would achieve their goal of increasing its repeat customers by 30% over the next year.
