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Zepler [3.9K]
2 years ago
5

A credit sale of $750 is made on June 13, terms 2/10, net/30. A return of $50 is granted on June 16. The amount received as paym

ent in full on June 23 is $650. $700. $685. $686.
Business
1 answer:
saveliy_v [14]2 years ago
4 0

The amount received as payment in full on June 23 is $686

Explanation:

Given ,

Credit sale of $750

Terms 2/10, net/30

$50 is granted on June 16

= (750-50)x 0.98

= 700 x 0.98

= 686

The payment is reported as a repayment to the accounts receivable. Make an equivalent debit to the bank account to accept the earned money as a payment

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Government Spending
fomenos

Answer:

Business Taxes.

Explanation:

A change in business taxes is most likely to change both aggregate demand and aggregate supply.

Aggregate demand can be defined as the total amount of goods and services by consumers at a specific period of time and price level in an economy.

Aggregate supply can be defined as the total amount of goods and services an organization is willing to sell or provide to it's consumers at a specific price level.

When business taxes are imposed on businesses, such as manufacturing companies, these in turn affect the demand and supply framework (final goods and services).

Basically, business taxes causes shifts in demand and supply, which in turn affect the price and quantity of goods and services in an economy.

Hence, companies would either be forced to cut-down on the amount of goods and services provided, result to borrowing or downsizing their manpower. As a result of this, they won't be able to meet the demands of their consumers.

5 0
2 years ago
Staff-level briefings are conducted by the supervisor to introduce co-workers, clarify tasks, define the scope of work, describe
jenyasd209 [6]

Answer:

A)TRUE

Explanation:

This type of briefings are normally conducted at the beginnig of an assignment and if it neccesary at any time that it is neccesary

Other kind of briefings are:

  • Field-Level Briefing
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4 0
3 years ago
business to business is selling to a customer that is not the end of the consumer. which of these best describe the business to
ololo11 [35]

Answer:

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5 0
2 years ago
Financial statement data for years ending December 31, 2019 and 2018, for Edison Company follow: 2019 2018 Sales $513,500 $480,0
madam [21]

Answer:

The answer is

For 2018 - 1.5

For 2019 - 1.3

Explanation:

Asset turnover ratio=Net sales/average total assets

For 2018:

Sales - $480,000

Beginning asset - 360,000

Ending asset -360,000

Average total asset:

($280,000 + $360,000)/2

=$320,000

Therefore, asset turnover for 2018 is:

$480,000/$320,000

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For 2019:

Sales - $513,500

Beginning asset - $360,000

Ending asset - $430,000

Average total asset:

($360,000 + $430,000)/2

=$395,000

Therefore, asset turnover for 2019 is:

$513,500/$395,000

=1.3

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2 years ago
A tenant still has five months remaining on a one-year apartment lease. When the tenant moves to another city, the tenant transf
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Answer:

It would be B a sublessor

8 0
2 years ago
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