1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
geniusboy [140]
3 years ago
15

What is the primary purpose of a cash discount? customer compensation for an out of stock item customer compensation for faulty

goods or services means of offsetting the interest charges on an account receivable inducement to pay promptly incentive to purchase a specialty item?
Business
1 answer:
romanna [79]3 years ago
4 0
<span>What is the primary purpose of a cash discount? Pay promptly incentive to purchase a specialty item.  </span>There are different stores that offer discounts if you pay with cash instead of a card because they don't lose the fee when a card is swiped. They also receive the money instantly so because the customer is essentially helping them, that is their way of helping out as well. <span>
</span>
You might be interested in
The following transactions occurred during July:
JulijaS [17]

The amount of revenue for July is $1,515.

  • The computation of the amount of revenue for July is as follows:

= Cash received during July month + provided service to the customer on credit

= $1,020 + $495

= $1,515

Therefore we can conclude that the amount of revenue for July is $1,515.

Hence, option d is correct.

Learn more about the revenue here: brainly.com/question/8645356

5 0
3 years ago
Rodney Cashman has been investing $2,000 quarterly for the past 18 years in an equity mutual fund. How much is the fund worth no
leva [86]

Answer:

<em>Rodney Cashman's fund is worth $ 465,862.95 after investing for the past 18 years.</em>

Explanation:

Given: Number of periods - 18 years * 4 quarters = 72

Periodic payment - $2,000

Interest Rate - 11.5%

Formula: FV of Annuity= p [(1+ r/m)n-1/ (r/m)]

Where:

P - Periodic Payment

r - interest rate

n - number of periods

m - compounding period

FV of Annuity =$ 465,862.95

4 0
3 years ago
Which of the following might help to solve a free-rider problem? Select all that apply:
Delvig [45]

Answer:

A.

Explanation:

Since not everyone in a given community would be inclined to pay for a public good, everyone could be made to pay for it through tax.

7 0
3 years ago
If these patterns hold for decreases as well as for increases, by how much would the value of the financial securities decline i
Ratling [72]

Answer:

$115.20

Explanation:

Missing part is <em>"Assume that securitization combined with borrowing and irrational exuberance in Hyperville have driven up the value of existing financial securities at a geometric rate, specifically from $4 to $8 to $16 to $32 to $64 to $128 over a six-year time period. Over the same period, the value of the assets underlying the securities rose at an arithmetic rate from $4 to $6 to $8 to $10 to $12 to $14."</em>

<em />

If the underlying assets price fall by $10, then the securities value will fall by a ratio of $10

Value of securities = $128/$10 = $12.80

Decline in value of securities = $128 - $12.80 = $115.20. Thus, the Decline in value of the financial securities is $115.20

5 0
3 years ago
A commercial testing company has developed a brand new test intended to measure the mathematical skills of students who possess
Step2247 [10]

Answer: Equivalent forms

Explanation:

Parallel forms reliability which is also referred to as a equivalent forms reliability that tends to use a set of questions which is further divided in two equivalent forms, under which both sets tends to contain the questions that measure or evaluate the similar construct, skill or knowledge. These sets of question are then given to same individual from the sample within short time period and thus estimate of the reliability is then evaluated from these sets.

5 0
3 years ago
Other questions:
  • A project has an initial cost of $6,500. the cash inflows are $900, $2,200, $3,600, and $4,100 over the next four years, respect
    11·1 answer
  • What impact might an economic downturn have on a borrower’s fixed-rate mortgage?
    15·2 answers
  • Which of the following is a law intended to eliminate discrimination in the workplace?
    11·2 answers
  • Assume $1,000 is deposited in a checkable account by Mr. Y in Bank A. Assume further that the reserve requirement is 0.10. The i
    9·1 answer
  • Equivalent Units of Conversion Costs The Rolling Department of Oak Ridge Steel Company had 10,712 tons in beginning work in proc
    10·1 answer
  • Develop a worksheet that can be used to simulate the bids made by the two competitors. Strassel is considering a bid of $120000
    5·1 answer
  • Mr. Smith travels for business several weeks a month. He always stays at a Marriott hotel. Mr. Smith is likely
    12·1 answer
  • Describe three ways that a business can grant credit. Why might granting credit to other businesses be risky for a supplier?
    5·1 answer
  • RST Company produces a product that has a variable cost of $6 per unit. The company's fixed costs are $30,000. The product sells
    8·1 answer
  • Is management essential in profit organization give reason​
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!