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lara31 [8.8K]
3 years ago
15

ACB Manufacturing purchased $6,000 of merchandise inventory from a vendor on account with credit terms of 2/10 or n/30. Because

some of the merchandise was damaged, ACB Manufacturing returned $1,000 of the merchandise two days later. ACB Manufacturing uses the perpetual inventory system and made payment for the merchandise, less the return, within the discount period.
What is the final cost of the merchandise inventory for ACB manufacturing from this purchase?

-$5,000
-$4,900
-$4,880
-$5,880
Business
1 answer:
adoni [48]3 years ago
4 0

Answer:

The answer is: Inventory cost is $4,900

Explanation:

ACB Manufacturing purchased $6,000 worth of merchandise with credit terms 2/10 or n/30. This means that if the company pays its debt within 10, it will receive a 2% discount.

It returned $1,000 worth of defective merchandise, decreasing its total debt to $5,000. Since ACB Manufacturing paid its debt within the first ten days, it got a 2% discount. It paid a total of $4,900 for the merchandise, so that should be its inventory cost.

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The Blackburn Group has recently issued 20minus​year, unsecured bonds rated BB by​ Moody's. These bonds yield 443 basis points a
MArishka [77]

Answer:

Explanation:

First, convert the basis points to a percentage or decimal;

1 basis point = 0.01% or 0.0001 as a decimal

Then 443 basis points as a decimal will be;

443 *0.0001 = 0.0443 or 4.43% as a percentage

Next, since the BB bond is 4.43% above the U.S. Treasury yield of 2.76%, find the Yield to maturity(YTM) by adding the 4.43% to the 2.76%;

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YTM = 7.19%

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4 years ago
During the 1970s and 1980s, formal project management practices were put in place because the constraints were _____ and _____ b
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During the 1970s and 1980s, formal project management practices were put in place because the constraints were Tight and Several boundaries had to be crossed

Explanation:

Management of the project consists of expertise, experience, strategies and techniques. The 1970s and 1980s brought more published data about the management of programs into the hands of the public.

In the 1970s and 1980s, further empirical research were generated on project management and ideas, processes, and guidelines were developed. The potential benefits of formal project management were seen, for example, and standards began to be adopted.

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3 years ago
Bonnie and Ernie file a joint return. Bonnie works and receives income during the year but Ernie does not. If the couple files a
Dafna11 [192]

Answer:

Statement is true

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________ play an important role in efficiently making products available to target markets in the needed varieties and quantitie
avanturin [10]

Answer:

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MissTica

Answer:

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Explanation:

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Of course this theory applies to certain small tax reductions, and under certain specific circumstances.

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