Answer:
a. $6468
Explanation:
Calculation for the amount of the check
Based on the information given we were told that Oriole Company sells merchandise on account for the amount of $7800 to Sunland Company with credit terms of 2/13, n/30 in which Sunland Company returns the amount of $1200 of merchandise that was damaged which means that the amount of the check will be calculated as:
Amount of the check=[($7,800 - $1,200) *(100%-2%) ]
Amount of the check=$6,600*0.98
Amount of the check=$6,468
Therefore the Amount of the check will be $6,468
The primary responsibility of the board of directors is to (D) make daily operational decisions.(The main responsibility of a Board of Director is to make day-to-day management decisions. )
Explanation:
The main responsibility of a Board of Director is to make day-to-day management decisions. The primary purpose of the board of directors is to safeguard the shareholders interest by maintaining detached, impartial oversight on management.
Some of the duties of Board Members are:
- To develop the Organization's Mission and Purpose.
- Another important duty is to Monitor and Manage Financial Resources.
- To Recruit New Board Members.
- To Spread positive word of mouth about t the Organization.
So we can Say that The primary responsibility of the board of directors is to (D) make daily operational decisions
We can represent the number of potential outcomes by 3 to the power 8.
<h3>What is permutation and combination?</h3>
Permutation relates to the act of arranging all the members of a set into some sequence or order.
We can assume, for two choices, we have one decision. This can be represented as, since we have eight decisions,
Representation of the potential outcomes are:
= 3^1 + 3^1 + 3^1 + 3^1 + 3^1 + 3^1 + 3^1 + 3^1
= 3^8
= 6,561
Learn more about permutation and combination here: brainly.com/question/21014199
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Answer:
c) $600,000.
Explanation:
$600,000.00 is the value that will be attributed to land in a consolidated balance sheet at the date of acquisition?
In the acquisition process, assets and liabilities of the business being bought get evaluated to ascertain their true worth. Assets such as land, buildings, and machinery undergo valuation. Their market value or fair value is recorded in the books of the acquiring entity as the actual value of the asset at the time of acquisition.
