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3 years ago

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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While on a trip to South Africa, Elena was impressed with colorful woven outdoor placemats, floor mats, chair cushions, and umbr

iren2701 [21]

Answer:

Before starting her import business, Elena should try to gather relevant information from companies that import goods, and if possible information about companies that import African goods.

Explanation:

Elena might be right about American consumers liking African products, but if importing those goods is too difficult, or is subject to several trade barriers, or some other issues, then Elena might have to reconsider her idea. Sometimes no matter how good a business idea is, if it is impractical to carry out, then t is useless.

6 0

3 years ago

Diwali Airlines has a contract that gives them the opportunity to purchase up to 10,000,.000 jet fuel at $2.00 per gallon. The c

Ad libitum [116K]

Answer:

Option (D) is correct.

Explanation:

Diwali Airlines has a contract,

Given that,

There is an opportunity to purchase jet fuel upto = 10,000,000 gallons

Price = $2 per gallon

Current market price of jet fuel = $2.26 per gallon

The value of this opportunity:

= Jet fuel needed × (Current market price - $2)

= 6,000,000 gallons × $0.26

= $1,560,000

8 0

3 years ago

Martha signs a listing agreement with Broker Patrick. Which of the following would probably not be found in the agreement they s

andriy [413]

Answer:

. Martha's average utilities

Explanation:

As it is mentioned in the information Martha has signed the listing agreement, a listing agreement is an agreement which is signed between the broker and owner.

The significance of listing contract is that the owner allowing the broker to work for the owner as an agent to sell the property. so it must include broker commission, Martha's property price and duration of the contract

3 0

3 years ago

Despite some high profile cases involving deadly force, which police department actually has a relatively low shooting rate when

kkurt [141]

Answer:

D) The losangeles police department.

Explanation:

According to the Washington Post, in 2019 the United States of America had 992 fatalities from police shootings. From this number, one of the top states with the most fatalities was California, who had 130 fatalities from police shootings in 2019. The majority of which came from the Los Angeles police department.

7 0

2 years ago

Vore Corp. bought equipment on January 2, 20X4 for $200,000. This equipment had an estimated useful life of five years and a sal

Harrizon [31]

Answer:

The accumulated depreciation balance at December 31, 20X5 should be: $91,800

Explanation:

Under the straight-line method, useful life is 5 years, so the asset's annual depreciation will be 20% of the Depreciable cost.

Depreciable cost = Total asset cost - salvage value = $200,000 - $20,000 = $180,000

Depreciation was computed by the 150% declining balance method. Depreciation rate is 30%.

Depreciation for the year of 20X4 = 30% x $180,000 = $54,000

At the beginning of the second year, the Depreciable cost's book value = $180,000 - $54,000 = $126,000

Depreciation for the year of 20X5 = 30% x $126,000 = $37,800

The accumulated depreciation balance at December 31, 20X5 = $54,000 + $37,800 = $91,800

7 0

3 years ago