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Juli2301 [7.4K]
3 years ago
6

On March 11, Jangles Corporation received a $20,000 invoice dated March 8.

Business
1 answer:
Dafna11 [192]3 years ago
3 0

Answer:

a. What credit should Jangles receive?

8333,33

b. What is Jangles' outstanding balance?

11666,67

Explanation:

a. What credit should Jangles receive?    

Invoice 20000  

Discount rate 100%-4%  

   

received 8000_________96%

           x___________100%

   

Received 8333,333333  

   

b. What is Jangles' outstanding balance?    

   

20000-8333,33=Oustaning balance    

   

Oustandind balance 11666,67  

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Explanation:

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1. Natural resources: Every country must protect their land forms so that the natural resources like oil or mineral can be obtained adequately and thus it can boost the economy of the country

2. Infrastructure: Creating an successful infrastructure make goods and services faster and thus increasing the economic growth.

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Frankfort Corporation purchases an investment in Bradley, Inc. at a purchase price of $9.8 million cash, representing 40% (at bo
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Answer:

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Option B

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Bob Knox is paid on a piece-rate basis. He is paid 30 cents for each unit he produces. For overtime work, he receives in additio
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How are certificates of deposit similar to U.S. bonds? They are not similar because U.S. bonds cannot be sold to citizens, only
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Answer:

The correct answer is letter "D": They give a guaranteed rate of return.

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