1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Elena L [17]
3 years ago
12

An invoice for 450 has terms 2/10, 1/30, n/60. if you pay on the eighth day, how much will you remit

Business
2 answers:
fiasKO [112]3 years ago
8 0

Answer:

$441

Explanation:

The terms 2/10, 1/30, n/60 mean that if you pay within a 10 day period you can get a 2% discount, if you pay within a 20 day period you can get a 1% discount, and if you pay between day 21 and 30, you must pay the full invoice amount. If the client pays later than 30 days, the company will probably charge them a late fee or some interest.

If the invoice was $450 and you pay within 8 days, you will get a 2% discount, and your total payment = $450 x 98% = $441

Ede4ka [16]3 years ago
6 0
This would be your answer 450*. 98=$441
You might be interested in
What does a single point on the supply curve represent?a. The cost of producing the given quantity of filmb. the amount of profi
dimulka [17.4K]

Answer:

d. the price the consumers are willing to pay for a roll of film

Explanation:

The option “D” is correct because the supply curve is upward sloping and shows the positive relationship with the price mentioned on the verticle axis of the curve. This price is the same price that a person pays for the commodity. If the price paid by the person is more, then the supplier will supply more. If the price is lower, then the supplier will supply less. Thus, this shows that price and supply and positively related to each other.

8 0
3 years ago
You invest in a project that has a depreciable asset. The asset is depreciable under the 5year MACRS category. The depreciation
hodyreva [135]

Answer:

c.$28,800

Explanation:

Depreciation of the asset is calculated using the following formula:

Depreciation=Cost of Asset*Depreciation percentage for specific year

Keeping in mind the above formula, depreciation can be calculated as follow:

Cost of Asset=$150,000

Depreciation for year 1=150,000*0.20=$30,000

Depreciation for year 2=150,000*0.32=$48,000

Depreciation for year 3=150,000*0.192=$28,800

Therefore, the answer is c.$28,800

8 0
3 years ago
If the demand for loanable funds shifts to the right, then the equilibrium interest rate a. and quantity of loanable funds rises
never [62]

If the demand for loanable funds shifts to the right, then the equilibrium interest rate and quantity of loanable funds rise.

<u>Option: A</u>

<u>Explanation:</u>

The availability of loanable funds is savings dependent. Lending is dependent on desire for loanable funds. The relationship between the savings supply and loan requirement decides the real interest rate and the amount is being loaned out.

The requirement for loanable funds reflects lenders' actions, as well as the amount of loans requested. The smaller the rate of interest, the less costly it is to lend. The balance of loanable funds on the market is done because the amount of loans lenders want is the same as the amount of savings that savers have. The interest rate varies to ensure that both are equivalent.

6 0
3 years ago
It was a meat-eating dinosaur. It was about 30 feet long. It had
Ludmilka [50]

Answer:

T-rex

Explanation:

8 0
3 years ago
Before attempting to lift any material, _________.
andre [41]
Check its weight. Then it will be easier for us
4 0
4 years ago
Other questions:
  • What do you think of the decision made by Adelaide Ladywell?
    8·1 answer
  • The opportunity to gain a foothold in the snack cracker industry had just been found. Britney Marr, an account executive manager
    15·1 answer
  • At the end of the current year, Accounts Receivable has a balance of $2,150,000; Allowance for Doubtful Accounts has a debit bal
    10·1 answer
  • If the company pursues the investment opportunity and otherwise performs the same as last year, what margin will it earn this ye
    14·1 answer
  • 5. The Top 10 list of environmental challenges in a repair shop includes all of the following, EXCEPT: A) Antifreeze, Oil &amp;
    15·2 answers
  • Suddeth Corporation has entered into a 6 year lease for a building it will use as a warehouse. The annual payment under the leas
    15·1 answer
  • Intangible assets that have an indefinite useful life:
    7·1 answer
  • A taxpayer, age 60, purchases an annuity from an insurance company for $90,000. She is to receive $500 per month for life. Assum
    10·1 answer
  • if both producers decided to trade with each other to stock their toy stores, the terms of trade that would benefit both geppett
    10·1 answer
  • Which characteristic of an effective accounting information system refers to a system which works smoothly with the business’s e
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!