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photoshop1234 [79]
4 years ago
7

An invoice, with payment terms of 6/10, n/30, was issued on april 28 for $230.00. if the payment was made on may 12, the amount

of payment will be ________. (round your answer to the nearest cent.)
Business
1 answer:
meriva4 years ago
6 0

The amount of the payment on May 12 will be the full amount of $230.00

6/10 n/30 means a 6% discount <em>if </em>paid within 10 days and the net amount is due within 30 days. Since the payment was made after 10 days there would be no discount, just the full amount due.

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Capital appreciation refers to
Effectus [21]
<span>Capital appreciation refers to A. the increased value of a stock.
However, it doesn't only refer to the stock value, but value of any asset that is increased, such as bonds, land, etc. 
The term is related to an influx of money that is going to bring many benefits to the person who is the owner of such assets.</span>
5 0
4 years ago
Read 2 more answers
Pat Buhn is the new owner of Young Co. She has heard about internal control but is not clear about its importance for her busine
otez555 [7]

Answer: Physical safeguard & security, Accuracy, Segregation of duties, Handling errors

Explanation:

Internal control could be defined as the process of handling an organization accounting and auditing process with it's specified objectives in compliance with laws, regulations and policies.

Here are the four purpose of internal control;

a) Physical safeguard & security; this is to ensure that physical assets and information have a controlled asses, and it's not easily assessible by anyone.

b) Accuracy: this is to ensure that all transactions are accurate when records are checked with the source of information where the transaction took place and the time it occurred.

c) Segregation of duties; this ensures that one individual cannot have access to the recording of information and processing of transaction.

d) Handling errors; this ensures that errors are checked at any stage with transaction occurred with corrections also made

5 0
3 years ago
Jane grows apples on land she inherited from her grandmother. She incurs explicit costs of $200 for the trees and $60 for fertil
Leto [7]

Answer:

Economic profit= $24,740

Explanation:

Giving the following information:

Jane grows apples on land she inherited from her grandmother. She incurs explicit costs of $200 for the trees and $60 for fertilizers.  The market price of apples is $36 per box. At this price, Jane produces 1,500 boxes of apple.

Suppose her land is worth $9,000 and her labor is worth

​$20,000.

Sales= 54,000

Fixed costs= 260

Opportunity cost= 29,000

Economic profit= $24,740

4 0
4 years ago
"Institutional portfolio managers have been allocating an increasing percentage of their funds to cash and cash equivalent posit
zmey [24]

Answer:

Bearish

Explanation:

In the financial markets a bullish market is when securities being traded are increasing in price. While a bearish market is when securities reduce in price.

Investors buy more securities in a bullish market, so they have less cash.

In a bearish market investors sell the securities that are losing value, so they will have more cash on hand.

So cash position increased in a bearish market while cash position reduces in a bullish market

5 0
3 years ago
Which statement is true of employee empowerment? A) Managers should ensure that employees are not linked to resources outside th
Snowcat [4.5K]

Answer:

B) Jobs must be designed to give employees the necessary latitude for making a variety of decisions.

Explanation:

The employee empowerment aims to provide resources and skills necessary for employees to have freedom and make their own decisions.

The organizational structure of a company will directly influence how employees are motivated or not to make certain decisions. In companies with a horizontal organizational structure, which is more flexible, there is an incentive for employees to make their decisions, which is a process that encourages innovation, engages employees, makes employment more motivating and valued, reduces response time of a decision and makes the decision-making process less bureaucratic and rigid.

5 0
3 years ago
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