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zhuklara [117]
2 years ago
5

Question 7 (multiple choice)

Business
2 answers:
Rufina [12.5K]2 years ago
8 0
The answer is A. $297.99
367.99-45-25=$297.99
Hope this helps.
sp2606 [1]2 years ago
6 0

Answer:

"A"

Explanation:

Rebates are incentives to promote sales of goods and services.It is a form of payment given back to customers after a particular transaction. Although it is similar to coupon , but different from coupon in the sense that coupon is more of immediate discount to sales , while rebate is more like refund.

Rebates are recognized as a reduction to cost of good purchased by the customer and also reduction in the book value of such goods, Therefore goods bought with a rebate claim are accounted for as the cost of purchase less rebate claimed.

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Suppose a stock market crash makes people feel poorer this decrease in wealth would induce people to desire __________. a decrea
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8 0
3 years ago
In companies using a fixed-order quantity model, a consistent inventory level is used as a trigger to order more product. This i
Zielflug [23.3K]

Answer:

Reorder point

Explanation:

A company or organization making use of fixed-order quantity model which is a model where the REORDER POINT has been fixed and has already been set automatic in which once it reach the minimum inventory level it will remind the company that inventory level has reach the limit for the company to restore the stock inventory or order more product, which is why this inventory level is called the REORDER POINT.

Therefore REORDER POINT can be defined as the point which serve as a reminder that the stock inventory level has dropped to the minimum reorder level and need to be replaced or reorder.

5 0
2 years ago
The possibility of the endless cyclical preference is eliminated by the property of:
Lelechka [254]
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5 0
3 years ago
Testbank Multiple Choice Question 81 At the beginning of 2020, Sunland Company issued 8% bonds with a face value of $5700000. Th
laila [671]

Answer:

$527,737

Explanation:

The Bond Payment or Coupon always includes the Interest Portion and the the Capital Potion. The question only requires the Interest Portion of the Bond.

The Bond Parameters can be set as :

<em>PV = - $5,259,870</em>

<em>FV = $5,700,000</em>

<em>PMT = ($5,700,000 x 8%) ÷ 2 = $228,000</em>

<em>N = 5 x 2 = 10</em>

<em>YTM = 10 %</em>

<em>P/YR = 2</em>

Constructing an amortization schedule for 2020 gives :

Date            Capital Portion         Interest              Balance

June 30           $34,994              $262,994        $5,294,864

Dec 30             $36,743               $264,743         $5,331,607

Total                  $71,737                $527,737         $5,331,607

therefore,

The amount of interest expense to be reported for 2020 is $527,737

7 0
2 years ago
From time to time, various groups clamor for import restrictions or tariffs on foreign-produced goods, particularly automobiles.
Misha Larkins [42]

Tariffs can be helpful if the imports are unfairly cheaper than the domestic counterparts. This would level the playing field and help the domestic companies compete more effectively.

Tariffs can be harmful for consumers because there is strong possibility that the increased costs will raise consumer prices.

6 0
2 years ago
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