Answer:
A. $60,000
Explanation:
The computation of the sales revenue is shown below:
= Cash sales + credit sales
= $18,000 + $42,000
= $60,000
We simply added the cash sales and the credit sales in order to determine the sales revenue
hence, the correct option is A
Not B because i just got it wrong!!
Excuse me, can you write the <u>Question</u> so i could answer it?
Answer and Explanation:
In the given case Tina Technology could use the funding as crowd funding and also can claim exemption from SEC
The provisions are shown below:
The Guideline Crowdfunding could empowered the organizations that should be qualified can offer and sell the protections via crownfunding
The principles are
1. It needs all exchanges that are under Regulation Crowdfunding to arise occur via SEC i.e. enrolled delegation it should be merchant vendor or a financing entrance
2. Permission made to organization for raising a highest measure of $1,070,000 via contributions related to the crownfunding
3. Control the sum of individual specialist that can put total contributions related to the crownfunding
4. It needs the data exposure in order to file with the commission, financial specialist & the middle person for motivating the contribution
The protection that could be purchased in the crowdfunding exchange could not be exchange also the guidelines related to Crowdfunding contributions are based upon the troublemaker that have exclusion arrangement
Answer:
company's inventory increase = $28962
so correct option is D. increased by $28,962
Explanation:
given data
purchase of inventory = $30,000
returned = $600
credit paid = $150
to find out
the company's inventory will be
solution
company's inventory increase here by
so we know = purchase - returned - discount + credit paid
= 30000 - 600
= $29400
and discount = 2% of 29400 = 588
so company's inventory increase = 29400 - 588 + 150
company's inventory increase = $28962
so correct option is D. increased by $28,962