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fiasKO [112]
4 years ago
12

Which of the following does economics examine?

Business
1 answer:
dolphi86 [110]4 years ago
7 0
Economics is a social science and is concerned with production and consumption of wealth
economics examine <span> scarcity 
so i conclude option A is correct
 hope it helps :)</span>
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A company purchased $6,500 of merchandise on May 1 with terms of 2/10, net 30. On May 6, it returned $500 of that merchandise. O
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Answer:

The cash paid on May 8 is: $5,880

Explanation:

Credit terms of 2/10, net 30 means that 2% discount for the payment within 10 days and the full amount to be paid within 30 days.

The company purchased $6,500 of merchandise on May 1. On May 6, it returned $500 of that merchandise.

The balance owed for merchandise = $6,500 - $500 = $6,000

On May 8, it paid the balance owed for merchandise, taking any discount it is entitled to.

The company took the appropriate discount:

2% x $6,000 = $120

The cash paid = $6,000 - $120 = $5,880

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3- f the company makes Boxed assorted Chocolates it will get profit of $26,000 ($202,000 - $176,000)

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