The amount of check paid by Company G after claiming the cash discount offer is $2,058.
<h3>What is a cash discount?</h3>
A cash discount is a type of rebate being allowed by seller to the buyer on the amount of receivables for a specified period of time.
Given values:
Amount of receivables: $2,100
Cash discount : 2%
Discount days: 7 days
Full payment days: 30 days
Computation of amount of check to be paid after discount:
Therefore, after paying the receivable amount within 7 days, the company can claim the discount of 2% and paid $2,058 as its net payment.
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Educational requirements must a non-resident salesperson meet in order to qualify for licensure as a Missouri broker should finish the 48-hour broker training program.
Not only non-resident salesperson license holders must successfully complete the 48-hour broker course in addition to having the necessary experience but also pass an exam to be eligible for a broker's license.
Additionally, a non-resident license certification is required.
Also, The 24-hour practice course, passing the state part of the salesperson exam, and submitting a non-resident license certification from the other state are requirements for non-resident salesperson license holders who want to earn a Missouri salesperson license.
Hence, Educational requirements must a non-resident salesperson meet in order to qualify for licensure as a Missouri broker should finish the 48-hour broker training program.
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Answer:
B. $132,000.
Solution : Segment margin is calculated by deducting all expenses that are directly traceable to the segment. it doesn't include corporate common expenses.
So, Contribution = 50000 x(10-6) = $ 200000
Less : Direct fixed cost ($ 68000)
Segment Margin $ 132000
Answer:
answer is b Purchased equipment for $45,000, paying $20,000 in cash and the remainder on credit