Answer:
$200,000
Explanation:
The computation of the net revenue is shown below:
= Cash sales gross - Returns and allowances + credit sales gross - discounts + beginning balance of account receivable - ending balance of account receivable
= $80,000 - $4,000 + $120,000 - $6,000 + $40,000 - $30,000
= $200,000
We simply first compute the net cash sales after considering the returns and allowances, and net credit sales after considering the discounts, and deduct the ending balance of account receivable
Answer:
Both a recessionary gap and cyclical unemployment.
Answer:
b
Explanation:
describe the elements of a strategic marketing plan
The monthly mortgage payment including principal and interest is $1,936.25
Explanation:
PV = (1 - 0.20) × $325,000 = $260,000
r = 0.041 / 12
t = 15 * 12 = 180
![C = \frac{PV}{\frac{1- [\frac{1}{(1+r)^{t} } ] }{r}}](https://tex.z-dn.net/?f=C%20%3D%20%5Cfrac%7BPV%7D%7B%5Cfrac%7B1-%20%5B%5Cfrac%7B1%7D%7B%281%2Br%29%5E%7Bt%7D%20%7D%20%5D%20%7D%7Br%7D%7D)
C = $260,000 ÷ [1 - {1 / (1 + 0.041 / 12)∧180} / (0.041 / 12)]
C = $1,936.25
The monthly mortgage payment including principal and interest is $1,936.25
Answer: The correct answer is "c. To report a loss when there is a decrease in the future utility below the original cost."
Explanation: When talking about current assets, or more precisely, Merchandise inventory, it is common that sometimes the sale value is less than the original cost of the assets, therefore a negative holding result is produced, that is, a loss.