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GaryK [48]
3 years ago
9

Willetta Company purchases inventory for $18,000 with terms 2/10, n/30. It then returns $2,800 of the inventory purchased to the

supplier and also receives an allowance for defective inventory of $180. The company pays the amount due within the discount period. What is the amount of the discount that will be taken? (Round your answer to the nearest dollar amount.)
Business
1 answer:
kvv77 [185]3 years ago
4 0

Answer:

The amount of discount that will be taken is $300.4

Explanation:

The amount of discount that will be taken will be on the value of accounts payable that is eligible for pay after adjustments.

The accounts receivable balance after adjusting for purchases returns and defective goods is:

Accounts receivables eligible for payment = 18000 - 2800 - 180 = $15020

The accounts payable amount that is eligible for discount is:

Discount received = 15020 * 0.02 = $300.4

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Esther is ninety years old, but she still shops for her own groceries every morning. When Esther was younger, she would head to
Anettt [7]

Answer:

Esther is ninety years old, but she still shops for her own groceries every morning. When Esther was younger, she would head to Main Street and stop at the butcher shop for meat, the bakery for bread, and the farmer s market for fruits and vegetables. Now, she goes to a supermarket, where she can shop for all of those items under one roof and spend much less time buying food for the day. The convenience that Esther enjoys is called <u>contact efficiency.</u>

Explanation:

In the business world, contact efficiency is a strategy used by businessmen to provide flexibility to their customers.

Under this strategy, the numbers of stores are reduced and all the main goods kept and sold under one roof to provide better service to the customers. This strategy makes more money and also saves time and energy of the customers.

In the question, Esther is shopping for all her needs from a single supermarket which makes it more reliable for her, hence depicting a perfect example of contact efficiency.

6 0
3 years ago
Moving truck makes the displacement of (180m) toward east in period of(9.0s). What is the average velocity of the truck?someone
makvit [3.9K]

Answer:

20m/s due east

Explanation:

Given parameters:

Displacement  = 180m due east

Time taken = 9s

Unknown:

Average velocity of the truck  = ?

Solution:

The average velocity is the displacement divided by the time taken;

   Average velocity  = \frac{displacement}{time}  

Insert the parameters and solve;

 Average velocity = \frac{180}{9}   = 20m/s due east

6 0
3 years ago
Read 2 more answers
What is accounting ?​
AnnZ [28]

Answer:

it is the study of the systematic way of keeping records.

4 0
2 years ago
An investment offers to double your money in 30 months (don’t believe it). What rate per six months are you being offered? (Do n
kondaur [170]

Answer:

The rate of change in 6 months is 14.87%

Explanation:

Let a be the amount that the money is multiplied in one month. We know that in 30 months it is multiplied by 2, so if we power a by 30 wew obtain 2:

a³⁰ = 2

Thus, 2 = a³⁰ = a⁶*⁵ = (a⁶)⁵

(here we use the propiety a^bc = (a^b)^c = (a^c)^b)

We can conclude that a⁶ = 2^(1/5) = 1.1487

The rate in 6 months is (1.1487-1)*100 = 14.87%

3 0
3 years ago
Read 2 more answers
What is the name given to the development of a new good?
Rama09 [41]

An invention is the name given to the development of a new good.

<h3>What an invention?</h3>

Invention refers to the process of creating something that has never been made. It  is a unique or novel device, method, composition or process.

An invention uses technology to solve a specific problem hence the name given to the development of a new good.

Examples of invention includes:

  • Manufacturing of Telephone.
  • Manufacturing of printing press.

Therefore, the name given to the development of a new good is called invention.

Learn more about invention here : brainly.com/question/23538626

4 0
2 years ago
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