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allochka39001 [22]
3 years ago
9

Purchase discounts are the same as trade discounts true or false

Business
1 answer:
elixir [45]3 years ago
6 0

That statement is false.

They are different. Purchase discounts are given by the sellers to the buyers in order to reduce the amount that the buyers have to pay if they complete the payment within a specific period of time. Trade discount on the other hand, is given by manufacturers to the sellers or re-sellers.

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Lightwire Co. made the decision a decade ago to make the copper wires it needs for its products in house rather than outsourcing
sineoko [7]

Answer: <em>Option (A) is correct</em>

Explanation:

Here in the given case, in the context of supply change, the corporation did go wrong on part of adaptability. Adaptability is known as a feature of a process or of a system. This term has been utilized in several different discipline and organization operations. According to Gronau and Andresen, adaptability in organizational management can be referred to as ability to bring changes to oneself or something in order to fit the changes occurring.

3 0
3 years ago
In the absence of environmental or safety laws in the locality where it operates, what responsibility does a U.S. corporation ha
Elden [556K]

Answer:

1. Moral and ethical responsibility

2. No

3. Lawsuit may be involved

Explanation:

1. Every US company apart from environmental or safety laws in the locality where it operates, have a moral and ethical responsibility to do what is right in terms of safe work practices and product safety/quality.

2. Even though some countries may have less strict laws than the US, moral and ethical responsibility should always thrive. For example, China is known to have less strict manufacturing standards than the United States, however this does not justifies a company to practice unsafe manufacturing standards.

3. For corporations selling products overseas that are banned in the United States, such as DDT to countries that were known to still allow it sales such as India, and North Korea. A lawsuit against those corporations may be considered legal.

8 0
3 years ago
Why might you complete a 1040 instead of a 1040EZ?
diamong [38]

I believe the answer is: A) You own a home.

The 1040EZ is created to favour a more bare-bones return (for people who had no dependants i.e wife&kids and generally make under $ 100,000 a year).  1040 on the other hand, is a form that created to favour someone who typicall make more than $ 100,000 and own properties

6 0
3 years ago
Read 2 more answers
The​ ________reveals whether or not additional sales revenue can offset an increase in costs in the flexible budget performance
BARSIC [14]

Answer: (B) Sales volume variance

Explanation:

 The sales volume variance is basically defined as the difference between the expected sold unit and the actual sold unit. The formula of sales volume variance is given by:

Sales volume variance = (Actual sold - Budget sold) × budget price

The sales volume variance is caused due to the price, product recall and the competition. It is also known as the sale quantity variance. The sales volume variance is basically reveals the total additional sale revenue that increase the cost of budget.

Therefore, option (B) is correct.

5 0
3 years ago
On January 1, the Kings Corporation issued 10% bonds with a face value of $96,000. The bonds are sold for $94,080. The bonds pay
sleet_krkn [62]

Answer:

9,792 total interest expense

Explanation:

face value 96,000

issued at    94,080

<em>discount        1,920</em>

<u><em>amortization of the bond:</em></u>

discount/total payment

10 years atsemiannual payment = 20 payment

1,920/20 = 96

<u><em>cash proceed:</em></u>

96,000x 10%/2 = 4,800

discount                    96

<u>interest expense  4,896 per payment</u>

2 payment per year 9,792 total interest expense

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5 0
3 years ago
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