Your answer is d.should deduct toe outstanding fees from the refund expected.
Answer: Capital structure
Explanation: In simple words, capital structure refers to the proportion of different securities that an organisation uses as a combination to fund its operations. In other words, the amount of debt and equity in total capital in hand of the business is termed as capital structure.
Capital structure is of high importance to the investors as it directly impacts the liquidity and profitability of the organisation.
The ability of a company to bear its short term obligation is called liquidity and the ability to generate profit with given amount of resources is called profitability.
Answer:
Security selection
Explanation:
Security selection is the process of choosing specific securities within a given asset class that individual can include in his portfolio . For an individual to make securities selections, he has to considers the risk, the return, the ethical implications, and other factors affecting both of the individual securities and the portfolio as a whole.
Answer: $678,220
Explanation:
Given that,
Purchase Discounts = $ 11,000
Freight-in = $15,300
Purchases = $689,020
Beginning Inventory = $55,000
Ending Inventory = $45,600
Purchase Returns and Allowances = $15,100
Cost of goods purchased:
= Purchases + Freight in - Purchase discounts - Purchase returns and allowances
= $689,020 + $15,300 - $ 11,000 - $15,100
= $678,220
