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dybincka [34]
2 years ago
10

If merchandise sold on account is returned to the seller, the seller may inform the customer of the details by issuing a

Business
1 answer:
SIZIF [17.4K]2 years ago
4 0

The seller may inform the customer of the details by issuing a credit memo .

A credit note or credit memo is a commercial document issued by a seller to a buyer. A credit memo serves as the source document for the sales return journal. In other words, the credit is evidence of a decline in sales. A credit is a short form of term credit and is evidence of a reduction in the amount owed by the buyer to the seller on a previous invoice.

A document from the bank to the depositor may also indicate that the depositor's account balance is in a non-deposit event such as B. Collection of the depositor's exchange bill by the bank.

A credit memo lists the products, quantities, and agreed prices for products or services offered by the Seller to the Buyer but not returned or received by the Buyer. May be issued for damaged goods, errors, and repairs.

Learn more about Credit memos here: brainly.com/question/14279491

#SPJ4

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Trahan Lumber Company hired you to help estimate its cost of capital. You obtained the following data: D1 = $1.25; P0 = $27.50;
lubasha [3.4K]

Answer:

B. 9.84%

Explanation:

Given that

D1 = 1.25

P0 = 27.50

g = 5%

F = 6%

Recall that

Cost of equity raised = (D1/P0 - [F × P0]) + g

Thus,

= 1.25/27.50 - [0.06 × 27.50] + 0.05

= 1.25/ 25.85 + 0.05

= 0.04835 + 0.05

= 0.09835

= 0.0984

=9.84%

8 0
3 years ago
Read 2 more answers
After the manager and employee work together to set the employee’s objectives, what is the next step of mbo?.
mina [271]

The next step after setting objectives is to assign or cascade those objectives to the team members or employees.

<h3>What are the other steps in the MBO process?</h3>

After assigning the objectives to the employees (usually through a line manager), the next steps are to:

  • Monitor performance of those objectives
  • Evaluate performance
  • Reward performance.

Please see the link below for more about Management by Objective:

brainly.com/question/5731723

7 0
2 years ago
Year to date, Company Y had earned a 10.8 percent return. During the same time period, Company R earned 12.20 percent and Compan
Monica [59]

Answer:

8.82%

Explanation:

The computation of the portfolio return is shown below:

Portfolio return = Respective returns ×Respective weights

= (10.8 × 0.45) + (12.2 × 0.35) + (-1.56 × 0.20)

= 8.82%

Hence, the portfolio return is 8.82%

We simply applied the above formula so that the portfolio return could come

And, the same is to be considered

8 0
3 years ago
Please help :( Marking brainly :D The money that a company has to pay its suppliers is called net profit.
Stels [109]

Answer:

B. False.  It's called trade payables.

Explanation:

5 0
2 years ago
Read 2 more answers
MC Qu. 119 Alexis Co. reported the following information... Alexis Co. reported the following information for May: Part A Units
Brums [2.3K]

Answer:

the contribution margin per unit for part A is  $1,479,000

Explanation:

The computation of the contribution margin for part A is shown below:

Contribution margin per unit is

= $950 - $600 - $95

= $255

Now for contribution margin per unit for part A is

= 5,800 units × $255

= $1,479,000

Hence, the contribution margin per unit for part A is  $1,479,000

5 0
2 years ago
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