Answer:
the wholesaler received $6,138 as payment.
Explanation:
The seller would receive the the amount owing to customer less the return credit and cash discount of 1 %.
The calculation of this amount is as follows :
Account Receivable $6,500
Less Return Credit ($300)
$6,200
Less Cash discount ($6,200 × 1%) ($62)
Payment $6,138
Conclusion :
the wholesaler received $6,138 as payment.
An
example of a case where a cost and revenue function do not have a break
even point includes, when the profit margin is larger than the losses
of the business.
Answer:
since there is not enough room here, I prepared a long excel spreadsheet to calculate the present value of her monthly salaries.
her initial monthly salary is $6,666.67, total salaries earned = 12 salaries x 30 years = 360 salaries
the discount rate = 8% / 12 = 0.667% or 0.00667
the present value of the salaries earned during 30 years = $1,520,375.10
Explanation:
When interest rates on treasury bills and other financial assets are low, the opportunity cost of holding money is <u>low </u>so the quantity of money demanded will be <u>high</u>.
If interest rates go up, the demand for money will go down. Once it equals the new money supply, there will be no more difference between how much money people are holding and how much they want to keep, and the story is over. This is why (and how) a decline in the money supply raises interest rates.
As interest rates rise, the amount of money demanded decreases because the opportunity cost of holding money decreases. As interest rates rise, aggregate demand shifts to the left. The interest rate effect arises from the idea that higher price levels reduce the real value of household holdings.
Learn more about interest rates here: brainly.com/question/1115815
#SPJ4
Answer:
lower
Explanation:
As people would make a smaller profit but more if it accumulating it to get bigger than expensive with less sales.