Answer:
The net service revenue amounts to $686,000
Explanation:
The formula to compute the net service revenue is as:
Net Service Revenue = (Price - Trade discount) - Discount of 2%
where
Price is $800,000
Trade discount is $100,000
And the discount of 2%
Therefore,
NSR = ($800,000 - $100,000) -Discount of 2%
= $700,000 - 2% 0f $700,000
= $700,000 - $14,000
= $686,000
NOTE: The customer paid within 10 days so the customer is allowed for 2% discount on the amount.
Answer:
I think it is the 3rd one.
Explanation:
Sorry if this wrong. I'm only in 5th grade
Answer:
china
Explanation:
if your traveling to china on business do not discuss business during meals .
Answer:
The correct answer is D
Explanation:
Cash conversion cycle is defined as the number of days from the purchase date of inventory to the cash inflows from the customers.
The formula for computing the cash conversion cycle is as:
Cash conversion cycle = Days sales outstanding (DSO) + Days inventory outstanding (DIO) - Days Payable Outstanding (DPO)
where
DSO is 36.5
DPO is 24.8
DIO is 59.1
So,putting the values above:
Cash conversion cycle = 36.5 + 59.1 - 24.8
Cash conversion cycle = 95.6 - 24.8
Cash conversion cycle = 70.8 days
Answer:
PV = 1414
Explanation:
The pictures attached below shows the full explanation for the problem and it is so explanatory. i hope it helps you, thank you