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
maks197457 [2]
2 years ago
8

A customer purchases on credit for $1,250 worth of merchandise, terms 4/15, n/30. If the customer pays within the discount windo

w, how much will they remit in cash to the seller
Business
1 answer:
PolarNik [594]2 years ago
4 0

They will remit in $1200 to the seller.

<h3>Credit Sales</h3>

Credit sales are transactions in which the debt will be paid in full at a later time. In other words, credit sales are transactions when the consumer does not pay in whole, in cash, at the time of the transaction.

Cash sales, credit sales, and advance payment sales are the three basic types of sales transactions. The timing of when cash is received is the only distinction between these sales transactions.

1. Sales made in cash: When a transaction is made and the customer receives their goods or services, cash is collected.

2. Credit sales: After the sale is made, the customer has a certain amount of time to pay the vendor.

3. Sales involving advance payments: Buyers pay the vendor in full before closing the deal.

Learn more about Credit Sales here:

brainly.com/question/12269231

#SPJ4

You might be interested in
Gayle is talking with her insurance broker and is comparing prices with the broker, who shows her that Company A can sell her in
kipiarov [429]

Answer: Independent insurance agent

Explanation:

An independent agent is sometimes called an insurance sales agent. An independent insurance agent is an insurance agent who sells insurance policies that are provided by different insurance companies.

An independent insurance agent gets commissions for the insurance policies that are sold. The higher the number of clients they serve, the higher the money they make. Independent insurance agents are not considered to be an employee of a particular insurance company

7 0
3 years ago
Ethan considered three important attributes when deciding where he would do his banking: the convenience of the location, hours
sineoko [7]

Answer:

<em>c. evaluative criteria </em>

Explanation:

Evaluative criteria are <em>when a consumer chooses a different product because of factors like value, cost, and functionality from the one they initially had in mind. </em>

It could take a little while for certain consumers to study and explore different goods before they purchase.

While some, just before they purchase, can make the decision automatically.

4 0
3 years ago
On average, managers spend the least amount of time doing which managerial activity?
Aleks [24]

On average, managers spend the least amount of time doing the managerial activity is networking.

What is networking?

Networking is the technique  of making connections with respect  of the business environment. Managers very often  get involved in developing  relationships and making their own networks. They are accountable for monitoring and completing the given task in an effective  way. So, they basically  focus on many managerial activities like decision-making, planning things, communicating the required information, managing employees, etc.

Which managerial function is the most important?

The  most important function of management is Planning. Planning means  setting objectives in order to achieve , a goal in a limited time period .Several alternatives are formulated in order to achieve the goals.

Learn more about managerial activity:

brainly.com/question/26106218

#SPJ4

6 0
1 year ago
On january 6, 2014, the eldorado corporation purchased a tract of land for a factory site for $500,000. an existing building on
vazorg [7]
Jgumtmutjcfn&fufujfujffujgfyhcgtcc
7 0
3 years ago
Select the qualitative characteristics for the following statements.
bija089 [108]

Answer:

Options includes the followings: Relevance, Faithful representation, Predictive value, Confirmatory value, Comparability, Completeness, Neutrality, Timeliness.

a. Quality of information that permits users to identify similarities in and differences between two sets of economic phenomena. select a qualitative characteristic.

Qualitative characteristics: Comparability

b. Having information available to users before it loses its capacity to influence decisions.

Qualitative characteristics: Timeliness

c. Information about an economic phenomenon that has value as an input to the processes used by capital providers to form their own expectations about the future.

Qualitative characteristics: Predictive Value

d. Information that is capable of making a difference in the decisions of users in their capacity as capital providers.

Qualitative characteristics: Relevance

e. Absence of bias intended to attain a predetermined result or to induce a particular behavior.

Qualitative characteristics: Neutrality

5 0
3 years ago
Other questions:
  • You have determined you want to buy an advanced hybrid vehicle, and a visit to ford's website has revealed that the ford fusion
    10·1 answer
  • Nov. 5 Purchased 1,100 units of product at a cost of $40 per unit. Terms of the sale are 5/10, n/60; the invoice is dated Novemb
    5·1 answer
  • What do individual shareholders gain when they buy shares of a company’s stock?
    6·2 answers
  • The systematic process of selecting, supporting, and managing a firm's collection of projects is called: Profile management. Hea
    6·1 answer
  • a company has designed a new type of smartphone, give an example of a business that might be affected by this. Explain how it wi
    15·1 answer
  • Three years ago, Joe bought a 5-year, 10% coupon paid semiannually bond for $1000. Currently, with interest rates having risen s
    15·1 answer
  • An industrial manufacturer that works with one or a few large clients and develops products that only these clients will use is
    9·1 answer
  • Click this link to view O‘NET's Work Styles section for General and Operations Managers. Note that common work
    8·2 answers
  • After marketers have defined a problem they need to solve, what is the next
    5·2 answers
  • On july 1, book palace prepaid 12 months' fire insurance with coverage starting the following month. the adjusting entry on dece
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!