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
Tasya [4]
3 years ago
7

Gammy Corporation provides services with a normal price of $800,000 and a trade discount of $100,000. Terms are 2/10, n/30 and t

he customers pay within 10 days. The net service revenue is:______.
Business
1 answer:
oee [108]3 years ago
4 0

Answer:

$686,000

Explanation:

net service revenue = gross revenue - discount for early payment

gross revenue = total sales price - trade discount

gross revenue = $800,000 - $100,000 = $700,000

net service revenue = $700,000 - 2%($700,000) = $700,000 - $14,000 = $686,000

You might be interested in
Which of the following items would require an adjusting entry at the end of each accounting period? a.Vacation pay earned by emp
nignag [31]

Answer: a.Vacation pay earned by employees

Explanation: Adjusting entries refers to journal entry made to ensure that some financial activity is assigned to the posting period in which the activity occurred. Their main purpose is to match incomes and expenses to appropriate accounting periods. They are made at the end of an accounting period to allocate income and expenditure to the period in which they actually occurred.

4 0
3 years ago
Which of the following represents frictional unemployment? i) The demand for refrigerators falls when the economy enters a reces
lyudmila [28]

Answer: Option (iv) is correct.

Explanation:

Frictional unemployment is always present in an economy. Frictional unemployment occur because of the transitions in the employment of the individuals. It is included in the natural unemployment, because it shows the minimum level of unemployment in the economy.

When a person quit his first job and looking for a new job, this is known as frictional unemployment.

So, option(iv) is correct.

5 0
3 years ago
Charles wants to promote his gym and attract more elderly men to visit and become members. which of the following do you think w
8090 [49]

Out of the following answers, option A. seems most fitting. Elderly customers would likely want a calm environment where they can work at their own pace. The other options cater to other demographics. So A. would be an appropriate emphasis for Charles' message.

8 0
3 years ago
Read 2 more answers
What is the current yield for a $1000 corporate bond that pays 8.0 percent and has a current market value of $870?
alexandr402 [8]

The current yield for a corporate bond = 9.19 %

Calculation :

Amount of annual interest = face value × rate of interest

                                         =  $1000 × 8.0

                                           = 8000%

Then, Current yield = amount of annual interest / current price

                                 = 8000%  ÷ $870

                                = 9.19 %

Do corporate bonds pay interest?

Corporate bonds pay interest semi-annually, which suggests that, if the coupon is five percent, each $1000 bond can pay the bondholder a payment of $25 every six months--a total of $50 per year

What Is the Current Yield?

Current yield is an investment's annual income (interest or dividends) divided by the present price of the security. This measure examines the present price of a bond, instead of looking at its face value.

Learn more about current yield :

brainly.com/question/12909555

#SPJ4

4 0
1 year ago
In 1993, when Fischer began his tenure at Kodak, the film industry was evolving from one type of change which was slow to anothe
Pavel [41]

Answer:

<u><em>Radical change</em></u>

Explanation:

A distinguishing feature of radical change is that it is rapid in terms of ground breaking breakthrough innovations.

Thus, In 1993 the film industry was experiencing breakthrough innovations such as the release of the blockbuster movie "Jurassic park" which introduced high-tech special effects in the film industry.

5 0
3 years ago
Other questions:
  • In the exact moment you run out of laundry detergent and realize you need to pick some up at the store, you are in the ________
    15·1 answer
  • Alli segments its diet pills based on those who have morning cravings, those who tend to overeat near the end of the day, those
    13·1 answer
  • Gore Inc. recorded a liability in 2021 for probable litigation losses of $2 million. Ultimately, $5 million in legitimate warran
    6·1 answer
  • Clarespharm, a pharmaceutical company, wants to be the market leader in the country of Jefnamia by the end of the next fiscal ye
    11·1 answer
  • What happened to the man who invested in a paper towel company and a revolving door factory?
    10·1 answer
  • Radovilsky Manufacturing Company , in Hayward, California, makes flashing lights for toys. The company operates its production f
    7·1 answer
  • Shaun is a student who has received an academic scholarship to State University. The scholarship paid $14,000 for tuition, $2,50
    11·1 answer
  • An equipment costing $60,000 is being evaluated for a production process at Don Jones Co. The expected benefits per year is $4,5
    6·1 answer
  • David saves money from his teaching job to buy a new boat when he retires in 20 years. The boat will cost $30,000. He has $12,00
    15·1 answer
  • What advanced techniques are used in nail services today?
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!