Answer: See explanation
Explanation:
a. If Barans Company pays the invoice within the discount period, what is the amount of cash required for the payment?
The amount of cash required for the payment will be:
Purchases: = $12,900
Less: Returns = $2500
Less: Discount = ($12900 - $2500) × 1% = ($10400 × 1%) = $104
Cash required for payment = $10296
b. What account is credited by Barans Company to record the return?
Based on the information above, the merchandise inventory will be credited.
Answer:
fiscal policy
Explanation:
Fiscal policy is the policy which is used by the government the tax rate and government spending economy to analyse the economy of the nation
It is a technique through which a national bank impacts a country's cash supply.
The instances of fiscal policy are tax reductions and expanded government spending. Both of these strategies are proposed to build total interest while adding to shortages or drawing down of spending plan surpluses.
Competition is also considered the basis for capitalist or free market economies.
Competition is desirable when the price charged to individuals equals the marginal cost of production to each firm. In other words, one can say sellers charge buyers a reasonable or fair price.
Competition is undesirable when it leads to a lower output and increased costs. Competition is undesirable in business because you have to prevent new innovative ideas surviving due to firms operating with high research and development costs alongside dominant advertising. In addition fewer incentives to cut costs because of a lack of competitors.
Read more: https://www.referenceforbusiness.com/encyclopedia/Clo-Con/Competition.html#ixzz7Booeb5l4
Answer:
im pretty sure it is A thx
Answer:
Liquidity ratios
Explanation:
Liquidity ratios measure a company's ability to meet its short term obligations.
Examples of liquidity ratios are :
Current ratio
Quick ratio
Cash ratio
I hope my answer helps you
