Answer:
$6,237
Explanation:
The computation of the cash required for the payment is shown below:
= Merchandise amount - return and allowances - discount
= $7,500 - $1,200 - $63
= $6,237
The discount = (Merchandise amount - return and allowances) × discount rate
= ($7,500 - $1,200) × 1%
= $63
Simply we consider the items i.e merchandise purchase amount, returned merchandise amount and the discount given amount
Answer: longer than
Explanation:
The discounted payback period simply refers to the number of years that will be required for the cumulative discounted cash inflows to be able to cover a project's initial investment.
It should be noted that the discounted payback period for a project will be longer than the payback period for the project given a positive, non-zero discount rate. This is because the time value of money will be taken into consideration, hence, this will bring about a longer time.
Answer:
The cost of goods sold that would be reported on the incoem statement is $70000
Explanation:
The cost of goods sold is the value or cost of the inventory that a business sells to its customers. The cost of goods sold for the year can be calculated using the following formula.
Cost of Goods Sold (COGS) = Opening Inventory + Purchases for the year - Closing Inventory
Thus, Elm Corporation has a cost of goods sold to report on this year's income statement of:
COGS = 32000 + 57000 - 19000 = $70000
Answer:
a.The bonds will sell at a premium if the market rate is 5.5 percent.
Explanation:
Following information provided in the question
Coupon rate = 6%
Face value = $1,000
Time period = 10 years
And if we consider the interest rate 5.5%
So as we can see than the interest rate or market rate is less than the coupon rate or we can say that the coupon rate is more than the market rate so the bond is sell at a premium
Some of the social factors that have led to unemployment in South Africa amongst the youth are:
- High population growth.
- High poverty rates.
As a result of high population growth, the number of youth in South Africa has increased to a point where getting jobs for all of them is quite difficult.
High poverty rates also mean that a lot of the youth are unable to afford a tertiary education which means that they are unable to get the qualifications needed for a job.
Find out more on factors leading to unemployment at brainly.com/question/305041.
