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
Liula [17]
1 year ago
15

What is the distinction between sales allowances and sales discounts?

Business
1 answer:
kiruha [24]1 year ago
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

brainly.com/question/7459025

#SPJ4

You might be interested in
You purchase a bond with an invoice price of $1,410. The bond has a coupon rate of 6.8 percent, and there are 3 months to the ne
Arlecino [84]

Answer:

clean price = $1,393

Explanation:

The clean price of the bond does not include any accrued interests. The invoice price = clean price + accrued interests

  • invoice price = $1,410
  • accrued interests = $1,000 x 0.068 x 3/12 = $17

clean price = invoice price - accrued interests = $1,410 - $17 = $1,393

5 0
3 years ago
Required: a. How many customer records are stored in the database? b. List customers who live in New York. c. List customers wit
Feliz [49]

Answer:

a- How many customer records are stored in the database

SQL Command for knowing number of customer records are stored is

SELECT COUNT(Customer Name) FROM tbl Customer ;

b- List customers who live in New york.

SQL Command for knowing number of customers who live in New york

SELECT Customer State, FROM tbl Customer WHERE CITY = 'New york' ;

c- List customers who credit limits grater than $50,000.

SQL Command for knowing number of customers who's credit limit is grater than $50,000

SELECT Customer Credit Limit, FROM tbl Customer WHERE Credit limit > 50,000 ;

d. List sales transaction made in July - 18

SQL Command for knowing sales in July - 18

SELECT InvoiceDate, FROM tbl Sales ;

e. What the number of total sales transactions made to each customer

5 0
3 years ago
Rust Pipe Co. was established in 1994. Four years later the company went public. At that time, Robert Rust, the original owner,
irina1246 [14]

Answer:

Rust Pipe Co.

The Percentage of the Founder's Family Votes to Class B  Votes:

= Founder's Family Votes / Class B Votes x 100 = 577,775/1,747,475 x 100 = 33.-6%

Explanation:

Total votes for the Founder's Family = 52,525 x 11 = 577,775

Class B votes = 1,747,475 (1,800,000 - 52,525) x 1 vote = 1,747,475

Founders of companies who want to go public but still retain control of the entity may decide to issue two or more classes of shares in order to allocate more voting rights to some classes than the others.

In this case, while the founder's family currently held 52,525 shares representing 29.2% of the total outstanding shares, in voting rights, the founder's family has 33.6% control.

4 0
3 years ago
Consider the following statements regarding Company A and Company B:The two companies have identical operating results but have
Natalija [7]

Answer:

A. A only

Explanation:

U.S. Generally Accepted Accounting Principles (GAAP) does not allow property, plant, and equipment to be written up or revalued. If the fair value of PP&E falls below the book value and the amount is material then a company must write down the asset to fair value.

Since under US GAAP, once PPE is written, it can not be reversed. as Company B is indicated to have reversed the write down while company A did not. It therefore means that Company A only is reporting under US GAAP.

7 0
4 years ago
Assume that interest rates on 20-year Treasury and corporate bonds with different ratings, all of which are noncallable, are as
Elina [12.6K]

Answer:

The question is missing the options which are below:

A Real risk-free rate differences.  

B Tax effects.  

C Default risk differences.  

D Maturity risk differences.  

E Inflation differences.  

The correct answer is option C,default risk differences.

Explanation:

Default risk is the increase in return given to an investor to compensate the investor for the likely losses that may arise due to the inability of the borrower to make funds available to the investor on the maturity date or even in required amount.

Different debt instruments have different default risk depending on their credit rating as rated by international rating agencies.Such rating is a function of many factors,which includes:

Balance sheet position

Profitability

Liquidity strength of the company

Macro-economic factors and some others.

Liquidity refers to the ability of the company to settle obligations such as repayment of bonds and interest  when due.

Invariably,liquidity has a higher impact in determining credit rating as well as default risk of an instrument.

3 0
3 years ago
Other questions:
  • Prior to investing in the company, the shareholders from best tell must agree on the terms of the contract. as the shareholders
    15·2 answers
  • Although most alexandria staff are voracious readers, no one has read all of the books sold by alexandria and most know some are
    12·1 answer
  • The length of a senator's term, how old they have to be, and number of terms they can serve.
    14·1 answer
  • When interests rates are low, spending deceases. True or false?
    5·2 answers
  • The following cost data pertain to the operations of Swestka Department Stores, Inc., for the month of July.Corporate headquarte
    10·1 answer
  • If you invest $9200 in a savings account with a yearly interest rate of 3% for 7 years, how much simple return did you earn....
    7·1 answer
  • A consumer values a house at $525,000 and a producer values the same house at $485,000. If the transaction is completed at $510,
    8·1 answer
  • On January 1, $500,000 of 8%, 10-year bonds were sold for $530,000. The bonds require semiannual interest payments on June 30 an
    10·1 answer
  • Describe how McDonald's goods and services were in high demand by incorporating the ideas of needs and wants .
    14·2 answers
  • The Armstrong Corporation developed a flexible budget for its production process. Armstrong budgeted to use 12,000 pounds of dir
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!