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andreyandreev [35.5K]
2 years ago
10

On January 1, a company made a sale of $87,500, on credit. If the credit terms were 2/10, n/30, what would be the amount of the

sales discount be if the payment is received on January 9?
a.$8,750

b.$1750

c.$10,000

d.$26,250
Business
1 answer:
worty [1.4K]2 years ago
6 0

Answer:

b. $1750

Explanation:

Provided that

Sale of the company = $87,500

Credit terms = 2% if payment is received within 10 days and the prescribed time limit is 30 days

The amount of the sales discount would be

= Sale of the company × discount percentage

= $87,500 × 2%

= $1,750

We simply multiplied the sale of the company with the discount percentage so that the sales discount could come

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How do marginal costs<br> and benefits relate to trade-offs?
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Answer:

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3 years ago
Activity rates from Mcelderry Corporation's activity-based costing system are listed below. The company uses the activity rates
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Answer:

b) 2,388.22

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Processing customer  49.87 per order                   10             498.7

orders

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2 years ago
Data Screen Corporation is a highly automated manufacturing firm. The vice president of finance has decided that traditional sta
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Answer:

Answer:

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2. Delivery Cycle Time 22 days

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Move time =2.5 days

Queue time= 7.0 days

Wait time= 8.0 days

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MCE= Manufacturing Cycle Efficiency Time= Process Time/ Processing Time + Inspection Time + Move Time + Queue time

MCE = 3/ 14=0.2142= 21.42%  

It means that MCE  consists of 21.42 %actual processing and 79 % consists of non value added activities.

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4 0
2 years ago
Which expense category will most likely be changed to allow money for the purchase of a car?
Ivan
<h2>Reducing the "Entertainment " will hold good for the given scenario</h2>

Explanation:

There things which a man needs like food, water, shelter, etc.

Savings : This aspect is necessary for helping us in crucial point. It can serve as an another hand on demand.

Groceries : This is most important component of every men and women for living. So it cannot be reduced.

Utilities : This is equally important.

Entertainment : This shows luxurious aspect and not a mandatory one. So the amount spent in this category should be reduced.

7 0
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