Answer:
Z-Mart purchased $3,000 worth of merchandise on credit. Transportation costs were an additional $100, paid cash to the cartage company on delivery. Z-Mart returned $300 worth of merchandise and paid the invoice on time, and took a 2% purchase discount. The amount of this payment was <u>$2744</u>
Explanation:
Purchases excluding freight $3,000
Less:Goods returned -$300
Add:freight charges $100
Net Purchases $2,800
Less:Discount on payment($2,800*2%) -$56
Net cash paid $2,844
Answer:
1. No effect
2. Outflow of cash
3. No effect
So, by $6,000, the net worth would decrease.
Explanation:
1. In the first situation, she purchases $5,000 worth of a mutual fund with cash which means it affects both the asset and the liability. So, the net impact would be zero.
2. In the second situation, she spends $6,000 on a two-week vacation which means it withdrew money that represents an outflow of cash.
3. In the third situation, again it affects both the asset and the liability. So, the net impact would be zero.
So, the net worth would decrease by $6,000
Answer:
SWOT ANALYSIS
Explanation:
A SWOT analysis looks at internal and external factors that can affect a business.
In SWOT analysis Internal factors are strengths and weaknesses. External factors are the threats and opportunities. An example of an external factor is changes in technology or a new government policy.
The Strategic planning process implored by Raney Pharmaceuticals Corp should help them:
1. respond to new trends
Since more people are becoming interested in natural alternatives to traditional chemical pharmaceuticals and the trend is expected to continue over the next decade Raney Pharmaceuticals Corp could take advantage of this opportunity by diversifying to produce natural alternative medication.
2. Discover threats (external factor)
Since New regulations have been passed limiting their ability to sell certain formulations over the counter, it would likely reduce their sales.
3. Overcome Weakness
The company has inadequate financial resources to invest in their operations and thus would need to get new investors.
Also, since they have fallen behind in research and development in the last few years adequate measures should be taken to improve their research and development.
