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olga2289 [7]
3 years ago
14

A buyer failed to take advantage of the vendor's credit terms of 2/10, n/45, but instead paid the invoice in full at the end of

45 days. By not taking advantage of the cash discount, the equivalent annual interest lost on the amount of the purchase is:
Business
1 answer:
Neko [114]3 years ago
5 0

Answer: 20.86%

Explanation: From the question, the credit term is 2/10, n/45. Which means that the customer gets a 2% discount if payment is made within 10 days. But the customer did not make use of this offer. The equivalent annual Interest lost on the amount of purchases is :

365/ (45-10) * 0.02 = 365/35*2%

= 0.20857 *100= 20.86%

This is calculated using 365 days in a year.

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Companies usually prefer hiring third-country nationals for filling positions in host-countries. True False
Softa [21]

Answer:

The correct answer is False.

Explanation:

It is not true, unless it is a command position, where the best qualified people are more likely to hold these positions. In the rest of the organizational structures it is very difficult to see a behavior similar or similar to that described, since, on the one hand, the laws in many countries require that a high percentage of hired labor be from the same region where the company is located , and another, that in terms of costs it is better to choose to hire personnel resident in the same area.

5 0
3 years ago
Dartford Company reported the following financial data for one of its divisions for the year; average investment center total as
Alexandra [31]

Answer:

$208,000

Explanation:

Calculation for Dartford Company residual income

Using this formula

Residual income=Investment center income -(Target income percentage of average invested assets ×Average investment center total assets)

Let plug in the formula

Residual income =$700,000-(12%×$4,100,000)

Residual income =$700,000 - $492,000

Residual income =$208,000

Therefore The residual income for the division is: $208,000

4 0
3 years ago
Acme Corp. is conducting a business impact analysis for the threat of ransomware impacting its organization. The company determi
Anvisha [2.4K]

Answer: $1,000,000

Explanation:

Risk impact assessment refers to the method of assessing the probabilities of a particular risk and its consequences in case they are realized.

Based on the question, since there's an estimate that a large ransomware attack would cause approximately $1,000,000 in damagez then the estimated threat impact is $1,000,000.

5 0
3 years ago
Nathan noticed that a company that has great potential just declared a​ ________ because its stock price was getting too high fo
ratelena [41]

Answer:

Stock-split

Explanation:

A stock-split means that the existing price of one share of Nathan will be divided into two such that the two new shares will be exactly equal to one old share. Once that is done, small investors will be more comfortable buying the shares at a cheaper price.

Whether before or after the stock-split. A given amount invested will give an investor the same percentage ownership in the same company. It has only made Nathan's shares look cheaper to attract small investors while the market capitalization (overall value) of Nathan remains the same.

5 0
3 years ago
Morgan is going to give a presentation on how to prepare a tax return. Which of the following would constitute a suitable thesis
sasho [114]

Answer:

The correct answer is a. Preparing a tax return is a fairly simple process, if you know what documents you need.

Explanation:

Terror should not be imposed on people, due to the complexity that in some cases merits the professional advice of an accountant. For this reason, the best thesis that Morgan can use is to make them see that the process does not really involve excessive efforts if you have all the information at hand. The basic premise in tax matters is the organization, the basic knowledge of the standard ensures important levels of trust.

4 0
3 years ago
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