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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
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Answer:

Of course this is a retaliatory action. Troy filed a complaint for discriminatory harassment against Cinthia and she answers back by discriminating against Troy even more. All she needed to do was stop discriminating against Troy, she wasn't supposed to increase discrimination against him. This is an example of what shouldn't happen.

Explanation:

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3 years ago
When output and employment slowed in early 2008, the Bush Administration and the Democratic Congress passed a legislation sendin
Xelga [282]

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Yes, the Keynesian economists would favor this action.

Explanation:

Keynesians argue that in times of recession, the aggregate demand should be increased through government policies so that the economy recovers and output increases. The policy by Bush government put more money in the hands of people and as such their purchasing power increased. This increase in purchasing power would lead to an increase in aggregate demand according to the Keynesians.

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3 years ago
Competition in a market system denotes a condition where A. the diffusion of economic power limits its potential abuse. B. any g
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Answer:

The answer is: A) the diffusion of economic power limits its potential abuse.

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7 0
3 years ago
24. ABC Corp. has a deferred tax asset account with a balance of $75,000 at the end of 2019 due to a single cumulative temporary
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Answer:

The journal entries to prepare would be as follows:

                                       Debit              Credit

Deferred tax asset    $5,000

Income tax expense $159,000

           Income tax payable                 $164,000

                               Debit              Credit

Income tax expense $25,000

           Valuation Adjustement           $25,000    

Explanation:

The journal entries to prepare would be as follows:

                                       Debit              Credit

Deferred tax asset    $5,000

Income tax expense $159,000

           Income tax payable                 $164,000

Deferred tax asset=($400,000*20%)-$75,000

Deferred tax asset=$5,000

Income tax payable=$820,000*20%=$164,000

Income tax expense=$164,000-$5,000=$159,000

                                    Debit              Credit

Income tax expense $25,000

           Valuation Adjustement           $25,000      

5 0
3 years ago
ay-Zee Company makes an in-car navigation system. Next year, Jay-Zee plans to sell 23,000 units at a price of $350 each. Product
Fittoniya [83]

Answer:

$21

Explanation:

The computation of the sales commission per unit sold is shown below:

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= $350 × 6%

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All other information is not relevant. Hence, ignored it

3 0
3 years ago
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