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Whitepunk [10]
3 years ago
13

An invoice dated 4/18/XX received by Ralph's Supply indicated a balance of $7,000. This balance included a freight charge of $50

0. Terms of the bill were 4/10, 3/30, n/60. Assuming Ralph pays off the bill on April 30, he pays:
Business
1 answer:
Sergio039 [100]3 years ago
6 0

Answer:

The total amount would be $6,805

Explanation:

The computation of the amount paid is shown below:

invoice amount = $6,500  ($7000 - $500)

Less - discount ($6,500 × 3%) = ($195)

Net balance = $6,305

Add - freight charges = $500

Total amount paid = $6,805

In invoice amount, the freight charges are added, so first, we have to deduct the freight charges to get the actual value than we deduct the discount of 3% since the payment was made on April 30.  

From 18 April to April 30, 13 days are there so we take a 3% discount rate since the payment was made within 30 days.  

And, after that, the freight charges are added back to get the total amount which would be paid.

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When using the indirect approach to organize your negative news message, you should open with a(n) ________.
miskamm [114]

There are five different methods to begin a statement with unfavorable news, but the most appropriate one is to use a buffer statement.

<h3>What are the statements?</h3>

Statements are sentences that can either be true or untrue. As a result, a statement is a claim that something is true or false.

The Four Types of English Sentences:

  • the sentence that makes a message (a statement)
  • interrogative phrase (question)
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As a result, in the following scenario, you should utilize the buffer statement to open any unfavorable news.

Learn more about the statement:

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3 0
2 years ago
Suppose that a manager is interested in estimating the average amount of money customers spend in her store. After sampling 36 t
densk [106]

Answer:

The store manager is 95% confident that the average amount spent by all customers is between $ 31.84 and $ 38.66.

Explanation:

In statistics, a confidence interval is the probability that the parameter of a population lies between two set of values when a random sample of the population is drawn for a specific percentage of times. This means that the confidence interval is formed about the whole population not the sample from which it is calculated.

The probabilities of a confidence interval can take any number, but 95% and 99% confidence level that are usually used.

It should be noted that, for example, 95% confidence level implies that there is a 95% chance that the true mean of the population lies within the calculated confidence interval.

Therefore, the statement which gives a valid interpretation of the interval in the question is the first one which states that "the store manager is 95% confident that the average amount spent by all customers is between $ 31.84 and $ 38.66."

I wish you the best.

4 0
3 years ago
Art's Market barrows $25,000 for three years at 8 percent. Payments are quarterly. Which of these inputs correctly computes the
Ratling [72]

Answer: A. N = 12; 1 = 8/4; PV = 25,000; FV = 0; CPT PMT

Explanation:

A is the correct option because,

N = 12

The period is 3 years but the payments are quaterly so the actual period is;

= 3 years * 4

= 12 quarters/ periods.

I = 8/4

The interest rate is 8% but this is stated as a Yearly value which needs to be adjusted to a quarterly value by dividing it by 4.

PV = 25,000

The Present Value of the loan is $25,000 because this is the amount that Art's Market was given in the present.

When all of this is inputted into the calculator, the answer will be; PMT =  $2,363.99.

5 0
3 years ago
What power does original jurisdiction give the courts
enyata [817]
Original jurisdiction gives certain lower level courts the right to hear a case first. Original jurisdiction means that a case is to be heard by a specific court and the case could later be reviewed by an appellate court. 
7 0
3 years ago
The Yurdone Corporation wants to set up a private cemetery business. According to the CFO, Barry M. Deep, business is "looking u
jenyasd209 [6]

Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

5 0
3 years ago
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