Answer:
(a) 2%
(b) 40 days
Explanation:
given data
purchased = $5,000
solution
we have given term 2/10, n/40
so payment is done with in 10 days from date of purchase
so 2 % discount is allowed
and
term show that due date for payment is 40 days from date of purchase
if we not done with in limit
so it is consider as a late
Answer: Promotion
Explanation:
Promotion is form of marketing communication, where a business makes its target customers aware of the benefits of purchasing their products. Promotion is very essential in marketing, because it is through promotions that consumers get to know more about a product/brand.
Answer:
ltem of important must be shown separately
what is that GAAP
Answer:
The correct answer is that the assets will be increased through $530
Explanation:
The cash in advance is the amount of payment which is used in some of the trade agreements. The cash in advance is needed which the buyer paid to the seller in form of cash before the shipment is received and sometimes, it is made even before the shipment.
So, in this case, the company received the cash which is in advance worth of $530 from the client. So, this will result in increasing the cash for the business as cash is the asset for the business which is earned by business by providing or offering the services or product to client.
Answer:
a. 6.9
Explanation:
55/8 = 6.875 = 6.9
This means purchase a share of this company is paying 6.9 times his annual earnings.
<u>It could be interpreted both ways:</u>
- if this is high, the market can expect to grow their earnings soon or...the share is overstated and will not increase his value shortly.
- If this is considered low, then the market expects its earnings to decrease or ... the share is understated and will increase their valuation soon