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
Mekhanik [1.2K]
3 years ago
5

A company had the following partial list of account balances at year-endWhich of the following statements correctly describes th

e effect of recording the collection of a $10,000 account receivable for which a 2% sales discount was recorded at the time of collection?
Business
1 answer:
Jlenok [28]3 years ago
3 0
The $200 sales discount ($10,000 × 2%) reduces net sales and therefore gross profit.

Gross profit will decrease $200
You might be interested in
Which of the following is most likely to be a primary data source:
love history [14]

Answer:

d. A customer survey

Explanation:

Data collected by researchers for the first time for a specific study is primary data.  A customer survey is a method of collecting primary data. A customer survey gathers information on the research topic directly from respondents.

Primary data like surveys are costly and consume time to collect, unlike secondary data. Other methods of collecting primary data include administering questionnaires, direct or indirect personal interviews, field observations, and experiments.

7 0
2 years ago
What is ROI and why does it matter?
Stels [109]
<span>ROI stands for Return On Investment. This is very important when you are making an investment whether it is in terms of training, capital or equipment</span>
8 0
3 years ago
Read 2 more answers
What particular business conditions and/or strategy might make telling or not telling the more advantageous option?
const2013 [10]

Telling employees gain motivates personnel to do their high-quality work. after they realize there are possibilities for advancement, they will do their process to a better standard to electrify those who are looking.

4 everyday business-level strategies emerge from those choices: (1) huge cost management, (2) wide differentiation, (three) targeted cost leadership, and (four) centered differentiation. In rare cases, companies are able to provide both low costs and particular capabilities that customers discover acceptable.

Put clearly, business strategy is a clear set of plans, actions and desires that outlines how a commercial enterprise will compete in a selected market, or markets, with a product or number of products or services.

Learn more about business here: brainly.com/question/24448358

#SPJ4

8 0
2 years ago
Cari Chair Company manufactures rocking chairs. The estimated number of rocking chair sales for each of the last three months of
tester [92]

Answer:

Production December=  15,000

Explanation:

Giving the following information:

Month Unit Sales

October 10,000

November 14,000

December 15,000

Finished goods inventory at the end of November was 4,000 units.

<u>To calculate the production required for December, we need to use the following formula:</u>

Production= sales + desired ending inventory - beginning inventory

Production=  15,000 + 16,000*0.25 - 4,000

Production=  15,000

4 0
3 years ago
Orion would like to go on a trip to Ireland in two years. He wants to have $3,000 for the trip, so he is planning to invest mone
denis-greek [22]

Answer:

The answer is: If Orion wants to have $3,000 in two years, he must invest $2,572.02 today

Explanation:

To determine how much money Orion has to invest today in order to have $3,000 in two years, considering he will get an 8% compound interest rate, we can use this formula:

P = FV / (1 + r)²    

Where:

  • FV = $3,000
  • r = 8%

P = $3,000 / (1 + 8%)²

P = $3,000 / 1.1664

P = $2,572.02

4 0
3 years ago
Other questions:
  • The stock of Lavender Corporation is held as follows: 80% by Jade Corporation (basis of $400,000) and 20% by Tiffany (basis of $
    6·1 answer
  • Distinguish among a​ budget, a performance​ report, and a variance. A. A budget measures the differences between a performance r
    6·1 answer
  • The ____ is an award given by the president of the united states to organizations that apply and are judged to be outstanding in
    10·1 answer
  • Universal Travel Inc. borrowed $500,000 on November 1, 2018, and signed a 12-month note bearing interest at 6%. Interest is paya
    6·1 answer
  • Thompson’s house was destroyed by fire and claims were filed with the insurance company. The insurance company (insurer) hired C
    9·1 answer
  • Hiro sells building materials to local contractors. He wants to build longterm relationships with his contractors through effect
    5·1 answer
  • What your body language can tell someone is an example of
    13·1 answer
  • Which of the following types of product sales are most
    12·2 answers
  • Compare the company profit performance and financial position with the average for the industry
    15·1 answer
  • Design quality is considered a(n) __________ for the firm. Multiple choice question. insignificant cost strategic decision servi
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!