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1 year ago

What is the distinction between sales allowances and sales discounts?

1 answer:

3 0

A sales return occurs when a customer returns merchandise for a refund. A sales allowance is when they keep the problematic item but you reduce the price for them. If customers purchase with credit and make an early payment, a sales discount is a price reduction.

A sales discount is a price decrease that the seller offers in exchange for the buyer paying the vendor in full and on time. This strategy is frequently applied when a seller needs money right away.

A sales discount is a lower price that a company offers on a good or service. Find out how to add discounts to invoices. A sales discount, usually referred to simply as a "discount," offers clients of a business a lower price on one or more of the goods or services being provided.

Learn more about sales discount here

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Which of the following is used to describe government policies that restrain trade between states?

Alisiya [41]

Protectionism--it's the opposite of Free Trade. Typically the idea with protectionism is to protect a nation's home industry from an influx of lower priced imports.

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3 years ago

Clint had $748.87 in his checking account, and a check that he wrote to his landlord for $725.00 was just deposited. This will r

ludmilkaskok [199]

The answer is b my guy dont worry im wrong

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3 years ago

Read 2 more answers

Crane, Inc. a manufacturer of gourmet potato chips, employs activity-based costing. The budgeted data for each of the activity c

expeople1 [14]

Answer:

Ordering and receiving = $7.35 per order

Food processing = $8.49 per machine hour

Packaging = $3.84 per labor hour

Explanation:

According to the scenario, computation of the given data are as follows,

We can calculate overhead rate by using following formula,

Overhead Rate = Estimated Overhead ÷ Estimated Use of Cost Drivers per Activity

So, by putting the value in the formula, we get

Overhead rate of Ordering and receiving = $117,600 ÷ 16,000 = $7.35 per order

Overhead rate of Food processing = 530,625 ÷ 62,500 = $8.49 per machine hour

Overhead rate of Packaging = 1,701,120 ÷ 443,000 = $3.84 per labor hour

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3 years ago

How does a project charter support the project manager in getting things for the project from other people?

lara [203]

Answer: A project charter contains:

Project manager assigned, his responsibility and authorization level.
Project Objectives
Project justification.
Project general description.
High level requirements
High level risks.
Summary of the most important milestones in the schedule.
Budget Summary
List of Stakeholders or stakeholders of the Project.
Requirements for project approval.
Name and level of authorization of the Sponsor or the person authorizing the Project Charter.

The important thing with the generation of this document is that there is a formal record of the initiation, limits and completion of the project being of great importance for its success.

In this way, with all this information established with security, it allows the manager to obtain funds from third parties for the realization of the project.

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3 years ago

Which action is most likely to result in an increase in the money supply?

NISA [10]

Answer:

The discount rate on overnight loans is lowered.

Explanation:

The action that is most likely results in an increase in the money supply is (C) which is the discount rate on overnight loans is lowered.

Discount rates are used to determine today's value of money paid or received. In other words the discount rate for financial institutions is the rate of return that they will experience when they re-paid the loans that they granted to other institutions. The discount rate allows the central bank of a country to control money supply in circulation this is done by either lowering the interest rate or increasing it.

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3 years ago