Answer:
The correct answer to the following question will be Option C.
Explanation:
- The buyers, as well as sellers, must negotiate an understanding as to who is capable of paying certain transport costs and also who, whenever the item is delivered, assumes the default risk throughout transportation.
- A seller reports compensation whenever the purchaser has the transition of titles as well as ownership uncertainties.
The other three options are not related to a certain scenario. So that option C is the right answer.
Answer:
the amount of the loan the pawnbroker made to Jerry is $112.50
Explanation:
In order to find 15% of $750, one method is dividing 750 into 100 to find the value of 1%.
750 ÷ 100 = 7.5
Now we know the value of 1% is $7.50, so all we have to do is multiply that by 15.
7.5 × 15 = 112.5
Therefore, the amount of the loan the pawnbroker made to Jerry is $112.50
Answer:
The operating income for the year is $97,000
Explanation:
For computing the operating income, first, we have to calculate the cost of goods sold. The formula to compute the cost of good sold is shown below:
= Beginning merchandise inventory + Purchases during the year - Ending merchandise inventory
= $33,200 + $92,000 - $35,000
= $90,200
Now, the operating income would be
= Sales - the cost of good sold - selling and administrative expenses
= $262,900 - $90,200 - $75,700
= $97,000
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