The payment to be made on the invoice for $800 with term 1/10, net 30 will be $800, as the discount period has lapsed on the date of payment.
<h3>What is payment?</h3>
The dues, which are liable to be cleared off by the borrower or the buyer to the seller or owner of the goods being exchanged, are known as payments.
When discount is offered on payment for an invoice with terms of 1/10, the discount on payment shall lapse after 10 days and thus, full amount has to be paid on July 15, which is 14 days after the receipt of invoice.
Hence, the payment to be made is explained as above.
Learn more about payments here:
brainly.com/question/15138283
#SPJ1
Answer:
quality when quality cannot be easily judged
Explanation:
Based on the information provided in this scenario it seems that the Sheraton brand-name is likely to be used as a signal of quality when quality cannot be easily judged. Meaning that the company included the Sheraton hotel along with the list of other hotels because they do not know the quality of that specific hotel in that specific location, even though "Sheraton" is known worldwide as a luxury hotel business.
Answer:
The law of diminishing marginal utility says that the marginal utility from each additional unit declines as consumption increases. 1. The marginal utility can decline into negative utility, as it may become entirely unfavorable to consume another unit of any product.
Answer:
the marginal revenue per unit of output and the marginal product of labor
Explanation:
Marginal revenue product -
It is the market value of one of the additional unit of output , is known as marginal revenue product also called the marginal value product .
The calculation for marginal revenue product is calculated by the multiplication of the marginal revenue with the marginal product of the labor .
MRP = MR * MPL
Where ,
<u>MRP = Marginal revenue product </u>
<u>MR = marginal revenue</u>
<u>MPL = marginal product of the labor .</u>
<u></u>
Answer:
Satisfied and Loyal customers help in the profitability and growth of an organization.
Explanation:
When a company produces a product, they put their best in the design, process, manufacturing and dispatching of the product, so that their target customers use this product and gets satisfied. When consumers get the product of exactly their needs, they try to buy it again and again and becomes the loyal customers of that specific company. Such customers are the permanent customers of that organization and they are ready to pay for the product, thus helps in the profitability of the organization. Also when they talk about the product to other people, they become the marketing agents of the company, thus helping the company to grow. In this way, satisfied and loyal customers help in the profitability and growth of an organization.
