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2 years ago

A simple discount note results in

Business

2 answers:

melomori [17]2 years ago

7 0

Answer:

A. interest that's deducted in advance.

Explanation:

In its broadest sense, the term discount refers to the reduction or reduction of a certain amount, however, the word has more rigorous references according to the context used.

In the case of the economy, the discount is an advance of resources made by the bank on the values of the respective securities (duplicates or promissory notes). In this type of operation, the customer receives in advance the amount corresponding to its installment sales, however, the customer does not receive the total amount, as fees are discounted on that amount. Thus, a simple discount note results in interest deducted in advance.

Nikolay [14]2 years ago

6 0

A simple discount note results in interest that are deducted in advance, this can just be simply called a discount. It is usually being confused with markdown. Discount is a deduction in the price of a product base on the purchase of the customer while markdown is a reduction of price based on inability to be sold.

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Pharoah Company began the year by issuing $77500 of common stock for cash. The company recorded revenues of $783000, expenses of

alukav5142 [94]

Answer:

$126,000

Explanation:

Net income is computed by deducting total expenses from total income.

Accordingly,

net income = total revenue - total expenses

= 783,000 - 657,000

= $126,000

Additional common stock issuance will increase common stock and cash balance (both on the statement of financial position, not the income statement). Dividend payment is deducted after net income, and does not affect net income computation.

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2 years ago

Page Company makes 30% of its sales for cash and 70% on account. 60% of the credit sales are collected in the month of sale, 25%

kondaur [170]

Answer:

$36,230

Explanation:

Month 1 Month 2 Month 3 Month 4

60,000 70,000 50,000 30,000

Calculation for receipts in Month 4:

9000 30% cash in the same month(30000*30%)

12600 60% credit in the same month (30000*70%*60%

8750 25% in month following sales (50000*70%*25%)

5880 12% second month following sales (70000*70%*12%)

36,230

I hope I made myself clear buddy.

Best of Luck.

6 0

2 years ago

The parameters of a waiting line system include all of the following except: a. service time.b. cost of capacity.c. queue discip

natka813 [3]

Answer:

b. cost of capacity

Explanation:

A waiting line system can be defined as the number of customers (people) or items (products) that are waiting to receive a service or cleared for the service taken i.e to successfully complete a transaction.

Hence, the parameters of a waiting line system include all of the following;

a. Service time: this is simply the total time it takes to complete a transaction process successfully.

b. Queue discipline: it is uses rules such as first-in first-out.

c. Arrival rates: the time each customer arrives for the service.

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2 years ago

Data on consumer spending per capita or industrial purchasing trends would be identified in the ________ section of a global mar

larisa [96]

Answer:

The right approach will be "Economic".

Explanation:

Both of the economic conditions that shape the market as well as customer behavior are the emphasis or objective including its economic climate.
These variables could be used to forecast the path during which the economy will change the potential for customer demand and the much-needed market pattern or study.

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2 years ago

When seeking financial backing from a venture capitalist, a small business owner should realize that the venture capitalist will

kipiarov [429]

When seeking financial backing from a venture capitalist, a small business owner should realize that the venture capitalist will expect an ownership stake in the company in exchange for financial backing.

Venture capitalists are investors that provide capital to small businesses, young companies, and start-ups in exchange for an equal value share in the asset and expect ownership.

Small businesses do not have adequate capital and turn to venture capitalists for financial backing to expand and upscale their projects. Venture capitalists do not invest in budding businesses but choose businesses that have strong management and clear concepts and are ready to market their products. Due to uncertainty in the investment outcome, venture capitalists tend to have a high failure rate, but the investments that do pan out tend to be high yield.

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5 0

1 year ago