<u>Assuming that a credit for merchandise returned of $1,000 is granted prior to payment and the invoice is paid within the discount period, the amount of cash that should be received by the seller is (a) $10399</u>
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Explanation:
In the first step we will deduct the credit for merchandised return from the merchandise price
=($11,100-1$000)=$10,100
-------(a)
Then we multiply the result by terms (i.e 1/10=.01)
=($10,100*.01)=$101----------(b)
<u>Then we subtract the result of equation a with equation b</u>
($10,100-$101)=$9,999
Then we add the prepaid freight charges to the result obtained
($9,999+$400)=$10399
<u>Answer: </u>$10399
Answer:
C) An increase in the price of tennis racquets
Explanation:
If tennis racquets become more expensive, the demand for them will decline, and people will try to supply this need with substitutes, for example, lacrosse raquets. The reason for this is that the classical supply and demand model tells us that demand and price are inversely correlated: if the price goes up, demand goes down, and viceversa.
Functional you can use like a purse and a decorative one just makes you look pretty like earings
Personal liability. ...................
