1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
shusha [124]
3 years ago
10

Waterway Company sells goods to Wildhorse Company during 2017. It offers Wildhorse the following rebates based on total sales to

Wildhorse. If total sales to Wildhorse are 9,300 units, it will grant a rebate of 2%. If it sells up to 20,600 units, it will grant a rebate of 4%. If it sells up to 28,000 units, it will grant a rebate of 6%. In the first quarter of the year, Waterway sells 10,100 units to Wildhorse at a sales price of $90,900. Waterway, based on past experience, has sold over 39,000 units to Wildhorse, and these sales normally take place in the third quarter of the year. What amount of revenue should Waterway report for the sale of the 10,100 units in the first quarter of the year.
Business
1 answer:
Dmitrij [34]3 years ago
5 0

Answer:

Account Receivables 85.446‬ debit

           Sales Revenues         85.446‬ credit

Explanation:

It should consider the rebate of 6% will be achieved considering the past experience

Also 28,000 units per years / 4 quarter per year = 7,00. untis per year

this quarter sales are also sufficient groudn that the rebate will be achieved.

90,900 x (1 - 0.06) = 85.446‬‬ Sales Revenue

You might be interested in
All of the following statements regarding brand loyalty are true except: Select one: a. the marketing costs of reaching loyal cu
evablogger [386]

Answer: the marketing costs of reaching loyal customers are typically very high

Explanation:

Brand loyalty is when a customer buys a product repeatedly from thesame company rather than buying a substitute from another company. Despite the efforts of the competitors to life them away, such customers are devoted to the product.

It should be noted that the marketing costs of reaching loyal customers are typically low. They hardly need any source of encouragement or advertisement to convince them to make their purchases.

6 0
3 years ago
The four major expenditure categories of GDP are: Group of answer choices consumption, government purchases, taxes, and investme
Nimfa-mama [501]

Answer:

consumption, investment, government purchases, and net exports.

Explanation:

The Gross Domestic Products (GDP) is the measure of the total market value of all finished goods and services made within a country during a specific period.

Simply stated, GDP is a measure of the total income of all individuals in an economy and the total expenses incurred on the economy's output of goods and services in a particular country. The Gross Domestic Products (GDP) of a country's economy gives an insight to it's social well-being.

Basically, the four major expenditure categories of GDP are consumption, investment, government purchases, and net exports.

4 0
2 years ago
The speed and ease by which an asset can be converted into cash is referred to as its risk. liquidity. diversity. safety.
balandron [24]
<span>The answer to the question stated above is liquidity.

The ease with which an asset can be converted quickly into cash with little or no loss of purchasing power is liquidity.

>>>Money is said to be perfectly liquid, whereas other assets have a lesser degree of liquidity.</span>
8 0
3 years ago
A significant summer drought takes place in several states, including lowa, Nebraska, Illinois, Minnesota, Indiana, and others.
viva [34]
I wanna say the answer is D it sounds the safest
5 0
2 years ago
Read 2 more answers
On September 1, Year 1, Gomez Company collected $9,000 in advance from a customer for services to be provided over a one-year pe
Margaret [11]

Answer:

d. $9,000; $9,000

Explanation:

As cash received on January 1 in advance to provide service in one year which is completed on December 31. So all the Unearned revenue is recognized because service for 12 month has been performed so whole amount will be reported in Income statement for the year ended December 31. Only cash received is from the service revenue activity so, it is also reported as $9,000. correct option is d. $9,000; $9,000.

4 0
3 years ago
Other questions:
  • Define the term conflict and share what impacts that conflict has on job performance.
    12·1 answer
  • The following account balances were drawn from the financial statements of Grayson Company: Cash $ 5,000 Accounts payable $ 1,55
    11·1 answer
  • Discuss social responsibility and ethics?<br><br>​
    7·1 answer
  • Pelzer Printing Inc. has bonds outstanding with 9 years left to maturity. The bonds have a 8% annual coupon rate and were issued
    11·1 answer
  • Erin, the business administration department chair, observes a trend of increased enrollments in online college courses versus t
    9·1 answer
  • Begin with a single sum of money at period 0. First, calculate a future value of that sum at 12.01%. Then discount that future v
    11·1 answer
  • Sara works at a printing company. She and her colleagues have to stagger
    10·2 answers
  • We read about making business level strategies and corporate level strategies in pursuit of our vision or mission. In that, comp
    13·1 answer
  • Mountain High Ice Cream Company transferred $68,000 of accounts receivable to the Prudential Bank. The transfer was made without
    10·1 answer
  • What type of transaction is recorded when a customer pays via a payment link?
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!