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statuscvo [17]
3 years ago
11

A company makes a credit sale of $750 on June 13, terms 2/10, n/30, on which it grants a return of $50 on June 16. What amount i

s received as payment in full on June 23?
Business
1 answer:
Elenna [48]3 years ago
3 0

Answer:

amount is received as payment in full on June 23 = $686

Explanation:

given data

credit sale = $750

terms = 2/10, n/30

return = $50

to find out

amount is received as payment in full on June 23

solution

first we get here amount to be made as payment that is

amount to be made as payment = $750 - $50

amount to be made as payment = $700

and there is a 2% discount when it paid in 10 days it will be = 2% of $700

= $14

so amount is received as payment in full on June 23 will be

amount is received as payment in full on June 23 = $700 - $14

amount is received as payment in full on June 23 = $686

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labwork [276]

Answer:

Project A's payback period = 2.23 years

Project B's payback period = 3.3 years

Explanation:

                                                              project A                project B

initial investment                                 $290,000               $210,000

useful life                                               6 years                   11 years

yearly cash flow                     $83,653 + $46,500     $46,000 + $17,727

                                                         = $130,153                = $63,727

salvage value                                          $11,000                 $15,000

payback period                      $290,000 / $130,153  $210,000 / $63,727

                                                        = 2.23 years              = 3.3 years

8 0
3 years ago
The table below describes the total and marginal benefit elvis gets from fried peanut butter and banana sandwiches. elvis' fried
ycow [4]
I looked up the question, since this one is incomplete. I've attached an image of the correct chart. Elvis' marginal benefit of the fourth sandwich is his total benefit of eating 4 sandwich minus his total benefit from eating 3 sandwiches.

Looking at the chart, we see that this gives us 81-75 = 6. 

Therefore, the Marginal Benefit of a fourth sandwich is 6. 

6 0
3 years ago
The technology associated with the manufacturing computers has advanced tremendously. This change has led to the price of a comp
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The technology associated with the manufacturing computers has advanced tremendously. This change has led to the price of a computer <u>falling</u> and the quantity <u>increasing</u>.

Lower prices most likely results in a higher demand for the product in question, which will increase the production rate of that product.
3 0
3 years ago
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ExxonMobil has historically had a very low debt-to-equity ratio within the oil industry, but it recently issued $12 billion in n
Galina-37 [17]

Answer:

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Explanation:

In order to calculate the WACC before bond issuance , we would have to calculate first the cost of equity  using capital asset pricing model .

So Using CAPM we have Rf + Beta x Market risk premium

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4 0
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Answer:

opportunity cost

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So here it is a opportunity cost

5 0
2 years ago
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