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
xxTIMURxx [149]
3 years ago
11

Tamarisk, Inc. sells merchandise on account for $2500 to Culver Company with credit terms of 2/15, n/30. Culver Company returns

$200 of merchandise that was damaged, along with a check to settle the account within the discount period. What is the amount of the check
Business
1 answer:
denis23 [38]3 years ago
7 0

Answer:

$2,254

Explanation:

The computation of the amount of the check is shown below:

= Sale value of merchandise - returned goods - discount amount

where,

Sale value of merchandise is $2,500

Returned goods is $200

And, the discount is 2% of $2,300 = $46

So, the amount of the check is

= $2,500 - $200 - $46

= $2,254

We simply applied the above formula so that the correct amount could come

You might be interested in
A company has a unit contribution margin of $80 and a contribution margin ratio of 50%. what is the unit selling price?
lora16 [44]

If a company has a unit contribution margin of $80 and a contribution margin ratio of 50%. Then its unit selling price is $160 therefore option (d) is the correct answer.

Contribution margin, or dollar contribution in keeping with the unit, is the selling fee in step with the unit minus the variable price in line with the unit. "Contribution" represents the portion of sales that isn't eaten up by variable prices and so contributes to the coverage of fixed fees. The contribution margin is computed because of the promoting charge per unit, minus the variable value according to the unit. Additionally known as greenback contribution per unit, the measure indicates how a specific product contributes to the general income of the business enterprise.

To calculate the unit selling price use the formula

Unit selling price = contribution margin / contribution margin ratio

Unit selling price = $80 / 50%

Unit selling price = $160

Therefore option d) $160 is the correct answer

The contribution margin ratio of a business is the same as its revenue much less all variable fees, divided by means of its sales. It represents the marginal gain of producing one more unit.

Learn more about the Contribution margin here brainly.com/question/24881206

#SPJ4

3 0
1 year ago
All Kiwi Ltd (a New Zealand-based company) has a wholly-owned subsidiary in Malaysia whose manager is being evaluated on the bas
Ulleksa [173]

Answer:

Variance (Unfavorable) (NZD 340,000)

Explanation:

Budget Variance using exchange rate projected at the time of budget

                   Budget        Actual        Variance   Exc. Rate   Variance in NZD

                    MYR            MYR

Revenue  12000000   11000000    -1000000      0.34            -340000

Expenses  9000000   9000000          0               0.34                  0

Profit        3000000    2000000    -1000000      0.34            -340000

7 0
3 years ago
Monica, a​ doctor, owns a small health care clinic that serves underserved people in a​ lower-income neighborhood. What type of
kogti [31]

Answer:

b

pyfpyfjzifztksrizirsitstoztozotd7itsktdtixoyd

7 0
2 years ago
A local art gallery keeps information on its customers regarding their preferences forcertain artists as well as the style of ar
notsponge [240]

Answer:

A - Value co - creation

Explanation:

Value co - creation is a strategy that promotes and encourages active involvement from the customer to create on-demand and made-to-order products. with this strategy,  consumers get exactly what they want and are involved in making it happen. So the Art gallery using such information is clearly using a value - co creation strategy to build loyalty among its customer.

4 0
3 years ago
A method of estimating the amount of bad debt expense whereby management establishes a percentage relationship between the amoun
Flauer [41]

Answer: provisions

Explanation: According to ias 37

5 0
3 years ago
Other questions:
  • What single characteristic do you think most clearly describes the modern revolution, that is, the coming of modernity? explain
    8·2 answers
  • In July, one of the processing departments at Okamura Corporation had beginning work in process inventory of $26,000 and ending
    6·1 answer
  • A manufacturing company has a beginning finished goods inventory of $14,600, raw material purchases of $18,000, cost of goods ma
    10·1 answer
  • .Suppose a monopoly firm produces bicycles and can sell 10 bicycles per month at a price of $700 per bicycle. In order to increa
    13·1 answer
  • Type the correct answer in the box. Spell the word correctly.
    5·2 answers
  • Ashley bought a desktop computer and a laptop computer. Before finance charges, the laptop cost $350 more than the desktop. She
    13·1 answer
  • Bronks Co. had pension plan assets and PBO of $160,000 on 1/1/19. Service cost for the year was $40,000. It contributed $30,000
    7·1 answer
  • Fixed expenses are $499,000 per month. The company is currently selling 5,000 units per month. The marketing manager would like
    11·1 answer
  • Outsourcing of jobs from large corporations to domestic subcontractors has been one reason job have been become more insecure in
    8·2 answers
  • What is an advantage for Freeman XP, a brand experience company that organizes large events such as trade shows, of hiring union
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!