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murzikaleks [220]
3 years ago
15

The amount of sales tax collected by a retail store when making sales is

Business
1 answer:
Elina [12.6K]3 years ago
6 0
Given the the goverment?
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Platen purchased inventory on August 17 and received an invoice with a list price amount of $5,900 and payment terms of 4/10, n/
ch4aika [34]

Answer:

$5,664

Explanation:

Calculation of the amount that Platen should record the purchase.

Using this formula

List price -(Percentage of payment term × list price)

Let plug in the formula

$5,900 -(4%×5,900 )

=$5,900-$236

=$5,664

Therefore Platen should record the purchase on August 17 as a:

Debit to Purchases (periodic system) and a Credit to Accounts Payable for $5,664

Therefore the amount that Platen should record the purchase will be $5,664

7 0
2 years ago
You have taken a job in industry and are facing your first ordering decision. As you prepare to place the order, you remember yo
skelet666 [1.2K]

Answer:

The formula is not used if consumer demand and ordering and holding costs are not constant.

Explanation:

E.O.Q formula measures the ideal quantity of order a company should purchase in order to minimize its inventory costs, such as holding costs and shortage costs. The formula, however has its limitations, in a way that it assumes that the costumer demand is constant and ordering and holding costs remain constant. This makes formula hard to use in case of seasonal changes of demand, inventory costs or lost sales revenue due to inventory shortages.

7 0
3 years ago
org303 According to the textbook, the most important reason for organizations to rely on research is that it ultimately
Leviafan [203]

Answer:

Explanation:

The most important reason for organizations to rely on research is that it ultimately provides the organization with insight on how a specific decision will perform in the target market and what effects it will have on the company. This is because research provides valuable information such as a target population's interests, hobbies, spending behaviors, needs, likes/dislikes, etc. All of which are factors that help determine if that population will buy a certain product and increase the organizations revenue.

7 0
3 years ago
All of the following describe a budget appropriately EXCEPT: A. It is the best tool to help you get more for your money. B. It i
Liono4ka [1.6K]

Answer:

Ithink B

Explanation:

but I'm not sure

5 0
3 years ago
Read 2 more answers
Data mining is an integral part of ___________________ which is the overall process of converting raw data into useful informati
bekas [8.4K]

Knowledge discovery in databases (KDD), which is the total process of transforming raw data into valuable information, includes data mining as a crucial component.

<h3>What is data mining and how it works explain?</h3>

In order to uncover patterns in company data that may be used to make better decisions, data mining is the application of a number of technologies, methods, and analytical approaches. It combines statistics, artificial intelligence, and machine learning to find patterns, correlations, and anomalies in enormous data sets.

<h3>Why is data mining useful?</h3>

The ability to find hidden patterns for one's own use is made possible by data mining software, which is incredibly helpful to enterprises. Since they are employed in data analysis and forecasting, these patterns help to improve business relationships by increasing the potential of the organization.

Learn more about data mining: brainly.com/question/17092948

#SPJ4

4 0
1 year ago
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