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2 years ago

_____ are specific repayment conditions as to how long customers have to pay bills and the amount of cash discount allowed.

1 answer:

7 0

Credit terms are specific repayment conditions as to how long customers have to pay bills and the amount of cash discount allowed.

<h3>What is the purpose of credit terms?</h3>

Credit terms are the payment requirements stated on an invoice. It is fairly common for sellers to offer early payment terms to their customers in order to accelerate the flow of inbound cash.

Credit means a loan, an agreement in which the lender (creditor) supplies the borrower with money, goods or services which is to be returned in future. Terms of credit apart from the rate of interest, collateral also includes documentation, mode of repayment.

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The Wiz Co. owes $60 to its bondholders. The company expects to have a cash flow of $136 if the economy continues as is but that

Schach [20]

Answer:

$24

Explanation:

Calculation for the amount that the bondholders

will paid in the case of a recession

Using this formula

Amount to be paid by Bondholder=Decreased in cash flow- Legal and other fees

Let plug in the formula

Amount to be paid by Bondholder = $54 − $30

Amount to be paid by Bondholder= $24

Therefore the amount that the bondholders will paid in the case of a recession is $24

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3 years ago

Who determines the price in perfect markets?

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Answer:

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3 years ago

Acme Corporation has identified several new market opportunities but has limited funds to invest and therefore cannot pursue the

Yakvenalex [24]

Answer:

Option A Planning

Explanation:

The company is focusing on planning which tells about the pros and cons of the investment opportunity. This means planning tells about what issues the company would face after assessing the market research and then the company will form an opinion whether or not the company must invest. This process enables to choose the best option among a number of opportunities due to limiting factors (limited amount of money in this case) which limits the company to invest in coming future.

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3 years ago

On December 31, 2020, Flint Corporation sold for $150,000 an old machine having an original cost of $270,000 and a book value of

dalvyx [7]

Answer:

$105,547

Explanation:

Original cost of machine = $270,000

Machine sold for = $150,000

Book value = $120,000

Down payment = $30,000

$60,000 payable on December 31 each of the next two years .

Present value of an ordinary annuity of 1 at 9% for 2 years = 1.75911

The amount of the notes receivable net of the unamortized discount:

= Amount paid on December 31st × Present value of an ordinary annuity

= $60,000 × 1.75911

= $105,547

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3 years ago

In a _________________________ economy, the individuals and the government share in the economic decision-making process. These

VladimirAG [237]

Answer:

I believe it's Command Economy

Explanation:

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1 year ago