The purchase amount that Icon Co. would record on April 2 would be: <u>c. $4,000</u>.
<h3>What is the purchase amount to be recorded?</h3>
The purchase amount that should be recorded on the date of purchase is the amount of the transaction. This does not take into account the return and discount which happened later.
This implies that Icon Co. will reduce the purchase amount on April 4 when half of the goods were returned with a contra entry. And discount will be based on the balance of $2,000 instead of $4,000.
<h3>Data and Calculations:</h3>
Purchase on April 2 = $4,000
Purchases Return on April 4 = $2,000
Thus, the purchase amount that Icon Co. would record on April 2 would be: <u>c. $4,000</u>.
Learn more about recording credit purchases at brainly.com/question/5651500
Answer:
The correct answer would be option A, Financial.
Explanation:
Xyz corporation has suffered a major downturn in business, and will not be able to pay interests on its bonds. This is an example of Financial Risk.
When companies or corporations face downturns in business, they actually encounter financial losses which in turn will affect the corporation and the shareholder or stockholders or bond holders. People who invested in the bonds of the company will not be able to get interests on their investments with the corporation. This is because the corporation is suffering financially and can't pay money or interest to the bond holders. This is a true financial risk for the investors as well as for the corporation.
Currently at the moment the auto brands ford is making is of the following: Lincoln. Have a good day and I hope this helps you :D
The best approach to help manage the scope for the project where the customer asked for more items to be added to the scope is to <u>switch to an</u><u> Agile approach</u>.
<h3>What is an Agile approach?</h3>
An agile approach to help manage the scope for the project would involve:
- Breaking up the scope into several phases.
- Ensuring constant collaboration with stakeholders.
- Using continuous incremental improvements.
Thus, the best approach to help manage the scope for the project where the customer asked for more items to be added to the scope is to <u>switch to an</u><u> Agile approach</u>.
Learn more about agile methodology at brainly.com/question/25734045
