Answer:
The answer is: Inventory cost is $4,900
Explanation:
ACB Manufacturing purchased $6,000 worth of merchandise with credit terms 2/10 or n/30. This means that if the company pays its debt within 10, it will receive a 2% discount.
It returned $1,000 worth of defective merchandise, decreasing its total debt to $5,000. Since ACB Manufacturing paid its debt within the first ten days, it got a 2% discount. It paid a total of $4,900 for the merchandise, so that should be its inventory cost.
Answer:
Question: Which amendment is involved. What is the right thing to do according to The Bill of Rights?
Answer: The 5th Amendment. A compensation should be made to Gina DeLong for the destruction of her home.
Explanation:
The 5th amendment creates a number of rights relevant to criminal and civil legal proceedings.
It requires that due process of the law be part of any proceeding that denies a citizen - life, liberty or property and requires the government to compensate citizens when it takes their private property for public use.
In this case the City has experience massive growth which requires expansion of roads as a result of traffic overload. The expansion of roads would require that private citizens on these roads be relocated and Gina belongs in this category.
The 5th amendment gives Gina the right to a civil legal proceeding requesting the government to compensate her at a fair price for her property.
Answer:
Purchases= $3,620
Explanation:
Giving the following information:
Beginning inventory= $720
Ending inventory= $640
Purchase= ?
Used in the period= $3,700
<u>To calculate the purchases, we need to use the following formula:</u>
Purchases= used in the period + desired ending inventory - beginning inventory
Purchases= 3,700 + 640 - 720
Purchases= $3,620
To keep prices low than you’re going to need to use cheaper materials. Also you’re going to need to have less staff. If you’re spending more money than you’re making than you’ll go out of business. Invest in advertising as well.
<span>As you know, credit can be both beneficial and harmful to one's financial well-being. At what point does credit use become problematic? Credit can be good for someones financial well-being when applying for loans for a home, car, or other entities where needing to have good credit to move on in live is benefiting. However, because of having credit, it is easy to get financing or help others get what they need in return for illegal substances or other entities that shouldn't be used for purchase and consumption. </span>