Answer:
30 points
Explanation:
If the question is worth 60 points, split between 2 people, it's 30.
The most cost effective way for John to buy a house is on installment basis or by using up all his savings
<u>Assuming that a credit for merchandise returned of $1,000 is granted prior to payment and the invoice is paid within the discount period, the amount of cash that should be received by the seller is (a) $10399</u>
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Explanation:
In the first step we will deduct the credit for merchandised return from the merchandise price
=($11,100-1$000)=$10,100
-------(a)
Then we multiply the result by terms (i.e 1/10=.01)
=($10,100*.01)=$101----------(b)
<u>Then we subtract the result of equation a with equation b</u>
($10,100-$101)=$9,999
Then we add the prepaid freight charges to the result obtained
($9,999+$400)=$10399
<u>Answer: </u>$10399
A because debt financing is really important
Answer:
d. Corporation
Explanation:
The Corporation is the business form of an organization in which it has the separate legal entity from its owners. Also, there is a limited liability towards any debt that invested in the business and whenever the person think for an organization so he thinks for the long term
Here in the given situation, the corporation is the best choice as it it has the limited liability of the amount invested
Hence, the correct answer is d.
