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
Alecsey [184]
3 years ago
10

Bob sold goods for $100 to a charge customer. The customer returned for credit $ 50 worth of goods. Terms of the sale were 3​/10

, ​n/30. If the customer pays the amount owed within the discount​ period, what is the amount the customer should​ pay?
Business
1 answer:
aev [14]3 years ago
5 0

Answer:

The customer should​ pay $48.5

Explanation:

Terms of sale 3/10, n/30 means there is a discount of 3% is available on payment of due amount within discount period of 10 days after sale with net credit period of 30 days.

As per given data

Sale = $100

Sales return = $50

Receivable = $100 - $50 = $50

As the payment is made within discount period, so discount will be availed on the amount due

Discount = $50 x 3% = $15

Payment by Customer = $50 - $1.5 = $48.5

You might be interested in
Companies that successfully implement customer relationship management (CRM) tend to: a. customize the goods and services offere
Zolol [24]

Answer:

a. customize the goods and services offered to their customers.

Explanation:

Customer relationship management refers to the technology, principles, policies, considerations, and principles applied by businesses to ensure the satisfaction of their customers. The ultimate purpose of customer relationship management is to meet the needs of the customers, thus making them happy and satisfied.

When an organization customizes the goods and services offered to their customers, they are offering a personalized buying experience that would make the customers happy. They would also have a sense of belonging and the feeling of being recognized. The result might translate to increased sales.

6 0
2 years ago
When you first started your new business, you were so excited about the large volume of orders you had. One year later, you find
lakkis [162]
D. you limited yourself to a small number of products

is your best choice
5 0
3 years ago
The impact of interest rate changes in the PV of $100 due in 20 years compared to the PV of $100 due in one year are:
kherson [118]

Answer: c. greater because interest rate changes have a greater impact on distant cash flows than near-term cash flows.

Explanation:

Interest rate changes have a greater impact on distant cashflows because those cashflows will be exposed to the interest rates for longer. This means that they will be subjected to more discounting than a cashflow that is due in one year which would be subject to only a single year of discounting.

For instance, assume the required rate of return for two investments is 10%. One investment yields $10,000 in 20 years and another yields $10,000 in 2 years .

The present value of both are:

= 10,000 / (1 + 10%)²⁰                                                  = 10,000 / ( 1 + 10%)²

= $1,486.43                                                                  = $8,264.46

<em>Notice the difference. The longer term investment was more exposed to interest rate effects. </em>

8 0
3 years ago
At the recent school board​ meeting, five individuals spoke on both the merits and problems with​ full-day kindergarten as compa
saul85 [17]

Answer:

defensive listening

Explanation:

Defensive listening happens when an individual hears an apparently innocent commentary and takes it as a personal attack against himself/herself or their beliefs. Many times defense listening is caused because the individual constantly believes that other people are judging them or their ideas.

In this case, Corrine was offended by a commentary that was not intended to be a personal attack, but rather an opinion on a specific topic. Probably Corrine feels strongly against the idea of full-day kindergarten and that is why she felt attacked by a different opinion.

4 0
3 years ago
The terms “production-oriented leaders” and “employee-oriented leaders” are associated with which research effort to identify th
lions [1.4K]
The two terms are associated with MICHIGAN LEADERSHIP STUDIES which was geared toward identifying the communication patterns of leaders.
The study also identified three critical features of effective leaders, which are: task oriented behavior, participative leadership and relationship oriented behavior. 
6 0
3 years ago
Other questions:
  • __________is a technique to group tasks among workstations so that each workstation has—in the ideal case—the same amount of wor
    9·1 answer
  • Senior management uses finance and accounting information systems to
    9·1 answer
  • Consider an island country called Arcadia. Assume that the aggregate price level is constant, the interest rate is fixed, and th
    10·1 answer
  • The Green Machine Manufacturing Company has the option to make or buy a component part for one of its lawnmowers. The annual req
    15·1 answer
  • Assume Hadley Co has the following purchases of inventory during the first month of operations Number of Units Cost per unit Fir
    5·1 answer
  • Whats y'alls fav basketball team?
    9·2 answers
  • An investor can trade Foreign Currency Options on all of the following EXCEPT:
    15·1 answer
  • raffle is being held at a benefit concert. The prizes are awarded as follows: 1 grand prize of $6,600.00, 3 prizes of $800.00, 3
    13·1 answer
  • Green, Inc., provides group term life insurance for all of its employees. The coverage equals twice the employee's annual salary
    5·1 answer
  • Cost of Goods Sold, Cost of Goods Manufactured Glenville Company has the following information for April: Cost of direct materia
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!