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jarptica [38.1K]

3 years ago

9

Heidi's Accessories bought 50 necklaces for $10 each on account. The invoice included a 6% sales tax and payment terms of 2/10,

n/30. Five necklaces were returned prior to payment. The entry to record the return would include a debit to

1 answer:

sleet_krkn [62]3 years ago

7 0

$530 is your answer to the question

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Below are six statements. indicate whether each on pertains micareconomics.

Law Incorporation [45]

Answer:

B), C) and F)

Explanation:

Microeconomics refers to the study of individuals, households, firm behavior for making the decision and distribution of resources. It is useful for the markets that offered goods and services and also handle an individual and economic issues

Therefore in the given case, the microeconomics covered in B, C and F options

5 0

3 years ago

Mackay gives a list of items (starting with "Two lasts of wheat, 448 florins") that were traded for one tulip root. He could hav

Oksana_A [137]

Answer:

For a better valuation of trade.

Explanation:

Mackay could have left out this list and simply said that the root cost 2500 florins. But he gave the list to have a better understanding of the valuation of trade. Now, the cost could have simply being layed out. But then this list helped helped to give a better perspective of the valuation of the bulb and also how it could be used to replace money

8 0

3 years ago

Human capital is best defined as: Group of answer choices any piece of machinery that must be combined with labor to be producti

tiny-mole [99]

Answer:

The correct answer is: the productive skills and knowledge that workers acquire from education and training.

Explanation:

Human capital is the intangible assets possessed by individuals or groups that can produce economic value. These assets can be education, health, intelligence, training, loyalty, punctuality, etc.

Human capital improves the productivity of physical capital by using it more efficiently. In a firm, it improves productivity and profitability. The firm though does not include it on its balance sheet. It is the economic value of the skills and experience of workers.

8 0

4 years ago

Kramer and Knox began a partnership by investing $58,000 and $65,000, respectively. During its first year, the partnership earne

IRISSAK [1]

Answer and Explanation:

The computation is shown below:

1. At the time when the partner failed to share the incom and loss so it is assume that the net income i.e. $160,000 should be shared equally so for both it is $80,000 each

2. When the income is shared as per their initial investment

<u>Particulars Kramer Knox Total </u>

Investment $58,000 $65,000 $123,000

Investment ratio 47.15% 52.85%

$160,000 income share $75,440 $84,560 $160,000

3. Sharing of the income as per the defined rule

<u>Particulars Kramer Knox Total</u>

Salary allocated $56,500 $46,500 $103,000

Interest at 12% $6,960 $7,800 $14,760

Remaining balance $21,120 $21,120 $42,240

Total $84,580 $75,420 $160,000

3 0

3 years ago

AB When considering two mutually exclusive projects, the firm should always select the project whose internal rate of return is

Mnenie [13.5K]

Answer:

False

Explanation:

If an investment project can be repeated, i.e. its life cycle can be extended by reinvesting, the NPV of the project will change.

When considering two mutually exclusive projects, the NPV method should always be considered before the IRR as a means of evaluating which project should be carried out.

3 0

3 years ago

Read 2 more answers