1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Alenkasestr [34]
3 years ago
5

Dollar Co. sold merchandise to Pound Co. on account, $25,500, terms 2/15, net 45. Pound Co. paid the invoice within the discount

period. What is the amount of sales from the above transactions?
Business
1 answer:
nadya68 [22]3 years ago
5 0

Answer:

The amount of sales from the above transactions is $24,990

Explanation:

The computation of the total amount of sales after applying discount is shown below:

Net sales = Sales - discount

where,

discount = sales × discount rate

              = $25,500 × 2%

              = $510

And, the sales is $25,500

Now put these values to the above formula  

So, the value would equal to

= $25,500 - $510

= $24,990

You might be interested in
________ occurs when production is in accordance with consumer preferences.
Alika [10]

Answer:

The correct answer is Allocative efficiency.

Explanation:

Although there are different evaluation standards for the concept of allocation efficiency, the basic principle states that, in any economic system, the different options in the allocation of resources will produce both "winners" and "losers" in relation to the choice being evaluated. The principles of rational choice theory, individual maximization, utilitarianism and market theory assume, in addition, that the results for both winners and losers can be identified, compared and measured.

From these basic premises, the objective of maximizing the efficiency in the allocation can be defined according to some neutral principle in which some options are considered “objectively better than others”. For example, an economist might say that a change in policy increases the efficiency of allocation, as long as those who benefit from the change (winners) earn more than the losers lose.

------

NOTE: If you need to extend the explanation given, you can make a comment or add a new question. I will be very pleased to help you.

7 0
3 years ago
The more precisely defined the target market is, the _____ the numbers are to estimate.
bija089 [108]
The answer is a I believe I'm not really sure
4 0
3 years ago
Read 2 more answers
Use the cost information below for Laurels Company to determine the cost of goods manufactured during the current year: Direct m
Zanzabum

Answer:

$16,100

Explanation:

Add the total manufacturing costs for the year to determine the cost of goods manufactured during the current year. Also remember to account for change in work in process inventory.

3 0
3 years ago
According to the Census Bureau, in October 2016, the average house price in the United States was $27,258. 6 years earlier, the
krek1111 [17]

Answer:

Annual increase is $1,108.4

Explanation:

In 2016, average price was $27,258.6

In 2010, average price was $20,608

Average increase in 6 years = $27,258.6 - $20,608 = $6,650.6

Annual average increase = $6650.6/6 = $1,108.4

5 0
3 years ago
The total cost of Jurislon to be purchased in August is: Multiple Choice $1,839,600 $1,208,700 $1,014,300 $1,017,000
ivann1987 [24]

Answer:  $‭1,014,300‬

Explanation:

The company wants to maintain 20% of the next month's needs as ending inventory.

One Miniwap requires 2.5 kg of Jurision to be made.

Materials purchased is;

= Ending inventory + Materials used - Begining inventory

Ending Inventory;

= 20% of September Jurision

= 20% * 21,300 * 2.5

= 10,650 kg

Materials used

= 2.5 kg * August Miniwaps

= 2.5 * 22,600

= 56,500 kg

Materials Purchased = 10,650 + 56,500 - 10,800

= 56,350‬ kg

Cost of Jurision is $18 per kilo

= 56,350‬ * 18

= $‭1,014,300‬

3 0
3 years ago
Other questions:
  • Norgaard Corporation makes 8,000 units of part G25 each year. This part is used in one of the company's products. The company's
    12·1 answer
  • Jeff earns well and belongs to a good team, but he is quite dissatisfied with his boss and the critical remarks he receives desp
    5·1 answer
  • n launching its new line of power tools, Black and Decker spent a considerable amount of time and resources to educate, motivate
    15·2 answers
  • Sun Technologies, a cell phone manufacturing company, decided to change the operating system of its phones to eliminate the prob
    12·1 answer
  • The depreciation method that allocates an equal portion of the total depreciable cost for a plant asset to each unit produced is
    12·1 answer
  • g An increase in taxes when the economy is above full employment ​ ______ aggregate demand and real​ GDP, and the price level​ _
    15·1 answer
  • Fuel Connector Products, Inc., agrees to sell Go-Flo, Inc., a certain quantity of hose couplings and fittings, but the contract
    15·1 answer
  • If Sweet Catering had recorded transactions using the Accrual method, how much net income (loss) would they have recorded for th
    7·1 answer
  • This is for ap-ex learning
    15·1 answer
  • Common stock's par value ______. (Check all that apply.) Multiple select question. has become less meaningful because states use
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!