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ANTONII [103]
3 years ago
13

Q 5.34: A wholesaler offers credit terms 1/10, n/30. A fabric store bought goods worth $6,500 from the wholesaler. Within the di

scount period, the fabric store returned defective goods worth $300 and paid the amount owed. How much did the wholesaler receive as payment
Business
1 answer:
AnnyKZ [126]3 years ago
6 0

Answer:

the wholesaler received $6,138 as payment.

Explanation:

The seller would receive the the amount owing to customer less the return credit and cash discount of 1 %.

The calculation of this amount is as follows :

Account Receivable                        $6,500

Less Return Credit                            ($300)

                                                         $6,200

Less Cash discount ($6,200 × 1%)      ($62)

Payment                                            $6,138

Conclusion :

the wholesaler received $6,138 as payment.

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Outstanding Job Hours to Print Job Penalty for not completing job in 24 hoursJob A 6 -$120Job B 9 -$200Job C 12 -$360Job D 16 -$
pav-90 [236]

Answer:

Option D is correct

Explanation:

The cumulative loss in penalty of this option is the highest compared to the rest which makes it logical.

7 0
3 years ago
Why does saturn have the coldest surface temp?
tatuchka [14]

Answer:

distance from the Sun

Explanation:

because of Saturn's tilt, the southern and northern hemispheres are heated differently, causing seasonal temperature variation.

6 0
2 years ago
Read 2 more answers
In ______ feedback, the receiver provides nonevaluative information to the communicator.
umka21 [38]

In informational feedback, the receiver provides non-valuative information to the communicator.

Feedback in the context of communication refers to a reaction from the recipient that informs the communicator of the message's effectiveness and whether it needs to be amended.

Alternatively said, feedback is the message's reception by the recipient

Corrective feedback is when the receiver challenges the initial communication in response to informational feedback, which is when the receiver provides non-evaluative information to the communicator.

Reinforcing feedback occurs when the recipient expresses explicitly that she has understood the message and its goals.

Hence, in informational feedback, the receiver provides non-valuative information to the communicator.

Learn more about communication:

brainly.com/question/4999885

#SPJ1

8 0
1 year ago
Howard Inc. had prepaid rent of $94,000 and $105,000 at the end of 2017 and 2018, respectively. During 2018, Howard recorded $25
Paladinen [302]

Answer:

The outflow of cash in respect of rent is $270,000

Explanation:

The task is compute cash outflows on rent in the year 2018.

The prepaid rent at the end of 2017 relates to rent expense but was paid last year hence should be deducted from rent expense in the year,

On the other hand , the prepaid expense for 2018 was paid  during the year hence should be added to rent expense in order to cash cash outflow  relating to rent expense

Rent expense             $259,000

Prepaid rent 2017        ($94,000)

prepaid rent 2018      $105,000

Cash paid in 2018       $270,000

Ultimately the outflow of cash in respect of rent in the year is $270,000

4 0
2 years ago
Which report generated by marketing MIS shows which products are doing well and which need improvement or should be discarded al
jok3333 [9.3K]

Answer:

The correct answer is letter "C": Sales by Product report.

Explanation:

In the Marketing Information System (MIS), the Sales by Product Report stores the information of the product quantity, amount invoiced, journal amount, costs of the goods sold, taxes, and profits given a certain accounting period. Thanks to all that data provided, the organization is able to determine what products should continue being produced and which ones must be left behind.

8 0
3 years ago
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