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tatuchka [14]
3 years ago
14

Weston Jewelers uses the perpetual inventory system. On April 2, Weston sold merchandise with a cost of $1,257 for $2,200 to a c

ustomer on account with the terms 3/15, n/30 coustomer reported damaged goods. Weston paid $25 for delivery of the merchandise. Calculate the amount of net sales revenue.
Business
1 answer:
Evgesh-ka [11]3 years ago
8 0

Answer:

$2,134

Explanation:

Calculation of the amount of the Net sales revenue

First step

Since we were been told that Weston sold the merchandise with a cost of $1,257 for $2,200 with the terms of 3/15 this means we are going to find the 3% of $2,200 calculated as:

3%*$2,200=$66

Second step is to deduct the $66 from the cost of $2,200,in order to find the Net Sales Revenue of Weston Jewelers

Net Sales Revenue =$2,200-$66

Net Sales Revenue=$2,134

Therefore the Net Sales Revenue of Weston Jewelers will be $2,134

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7 0
3 years ago
Garcia Co. issued bonds with detachable common stock warrants. Only the warrants had a known market value. Cash proceeds exceed
777dan777 [17]

Answer:

Discount on bond payable

Explanation:

since in the question it is mentioned that the company has issued the common stock warrants also the cash proceeds is more than the sum of the fair value + face value

So we presume that the bond are to be sold at the discount

Therefore the excess should be reported as the discount on bond payable

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2 years ago
DelRay Foods must purchase a new gumdrop machine. Two machines are available. Machine 7745 has a first cost of $8,000, an estima
Monica [59]

Answer:

I would recommend Machine 7745

Explanation:

Machine 7745

initial outlay = $8,000

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total costs per year (1 - 9) = $1,000

total costs year 10 = $0

using an excel spreadsheet, the IRR = 2%. Since you are analyzing costs only, not incremental revenue, then you must select the project with the lowest IRR.

 

Machine A37Y

initial outlay = $8,000

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depreciation cost per year = $800

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5 0
3 years ago
______ refers to the extent to which employees believe their organization values their contributions and cares about their well-
IRISSAK [1]

Answer:

Perceived Organization Support- POS

Explanation:

POS stands for perceived organization support. Through POS, the employees believe that their organization cares for their needs. The employees believe that the organization cares about their welbeing and values their contribution. Employees tend to perform better when they receive rewards and favorable treatments.

Through POS, Employees can raise their grievances and opinions through the company's intranet or other channels. This helps them feel that they are part of the organization. The result is increased performance and commitment by workers.

6 0
3 years ago
A self-employed psychologist treats clients in an office in his own house. What must the psychologist do with his house in
mr_godi [17]

Answer:

A self-employed psychologist treats clients in an office in his own house. What must the psychologist do with his house in  order to best serve clients?keep the house clean and private

Explanation:

Psychology is a branch of medicine that deals with mental health services and counselling to help assess and improve a patient's mental health state. In the recent past, mental health has become a major concern since it is very important in our social and personal life. Mental health affects how we feel, think and react to various situations in the environment. More people are taking mental health very serious as more people seek the treatments and services of psychologists. A psychologist is one who studies the mental health of people and offers treatment and counsel on how the patient can improve mentally.

Psychologists often require there patients to express their deepest mental and emotional states. This is leaves the patient vulnerable in most cases. To protect patients in such cases against vulnerability, the psychologists are often required to abide by a code of ethics such that the patient information is kept safe and secure. For a self-employed psychologist who treats his patients in an office in his own house, code of practice states that the house has to be clean and private.

4 0
3 years ago
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