Answer:
$17,820
Explanation:
Data provided in the question:
Catalog price of the merchandise = $30,000
Trade discount received = 40%
The amount of discount received = 40% of $30,000
= 0.4 × $30,000
= $12,000
Therefore,
Cost of Merchandise = Catalog price - Discount
= $30,000 - $12,000
= $18,000
also,
credit terms = 1/10, n/30
since, the payment was made within the discount period
1% of discount will be provided
thus,
amount of discount = 1% of cost of merchandise
= 0.01 × $18,000
= $180
hence,
Net cost of the merchandise
= Cost of merchandise - Discount on credit terms
= $18,000 - $180
= $17,820
Answer:
<em>For Kenji he falls on the category M2, for Lucia it's M2, and for Eric belongs to the category of both M1 and M2 respectively.</em>
Explanation:
<em>M1 money supply comprises of currency in physical form and coin, the demand deposit( check-able) travelers check</em>
<em>
M2 money supply comprises of Certificate deposit and M1, savings, money market funds, and time deposits for example, M2 money supply comprises money. that is less liquid/</em>
- <em>
Kenji has $25000 in a money market account - it belongs to the category of M2 money supply.</em>
- <em> Lucia has $8000 in a two year CD, it belongs to the category - M2 which is money supply
</em>
- <em>Eric withdrew money from the bank to do laundry. The money he took will go to cash that is available or in the economy at that time or the physical currency. these category belongs in M1. As M2 money supply contains M1 therefore this example also belongs in M2.
</em>
no then you would get in trouble, but then again it would be nice for you to do it fir him. tell the boss that he needed to go do something if he gets cureas.(can't spell)
Answer:
The true statement about the Siemens bribery scandal is:
b The CEO was involved and condoned it.
Explanation:
The 2008 Siemens scandal was an organized and deliberate effort by the company to bribe government officials in order to secure supply contracts from national governments. It was a worldwide act perpetrated by senior management officials with a long-term pattern. The massive bribery attracted a fine of $160 billion. It seems that bribery is an "embedded business culture in the company."
Answer: $20,000
Explanation:
Given that,
Charlie's Chocolates' had
Stock issuance = $52,000
Dividends = $21,000
Revenues = $85,000
Expenses = $65,000
Net income is calculated by subtracting expenses from revenues.
Net income = Revenues - Expenses
= $85,000 - $65,000
= $20,000
Charlie's Chocolates' net income is $20,000.
