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
Ahat [919]
3 years ago
8

A company makes a purchase for which the invoice is dated may 3 and shows terms of 3/10 1/20 n/45. what isthe last date by which

the company can pay the invoice and receive any cash discount at all?
Business
1 answer:
satela [25.4K]3 years ago
7 0
The answer is may 23 because <span>They will receive a 3% discount if paid within 10 days, and a 1% discount if paid within 20 days. </span>
You might be interested in
When a company is operating at capacity and they lose revenue from regular customers by accepting a special order, the loss of r
Elden [556K]

Answer:

An opportunity cost

Explanation:

The opportunity cost is the cost where the loss occurs from the benefit could have been enjoyed in the case when the best alternative choice was selected Since in the question it is mentioned that the company operating at a capacity and than lose revenue from the regular customers so it is an opportunity cost

3 0
3 years ago
The Unearned Revenue account of Professor Incorporated began 2018 with a normal balance of $5,000 and ended 2018 with a normal b
Nady [450]

Answer: $18,000

Explanation:

Given that,

Began 2018 with a Normal balance = $5,000

Ended 2018 with a normal balance = $11,000

Unearned Revenue account was credited = $24,000

Revenue earned by professor in 2018 :

= Beginning unearned revenue + Advance payments - Ending unearned revenue

= $5,000 + $24,000 - $11,000

= $18,000

Therefore, $18,000 revenue earned by professor in 2018.

7 0
3 years ago
Sean bought a rare stamp for $15.he was told that it would increase in value by $11 each year.what will the stamps value be afte
Lynna [10]
The answer is 59$. it's mental math dude just multiply 11 by 4 and then add it to 15
8 0
3 years ago
The business practice of hiring workers in another country is known as
gulaghasi [49]
It's known as Outsourcing

a lot of companies in the United States outsource their jobs to the workers in outside country since they can get a same result with lower price. ( usually the companies only outsource the lower and menial jobs such as data entry or handling costumer service)

Currently The most outsourced countries in the world came from India and those in south east Asia
5 0
3 years ago
Read 2 more answers
Which best describes the purpose served by economic models within an economic system?
posledela

Answer:

The first answer is correct (A).

The theoretical models of economics are characterized by producing insights about the real functioning of the economy. In this way, a well-adjusted model identifies the patterns of functioning of economies, such as economic cycles and the expectation reversion aspects of economic agents and crises.

However, no model has the ability to control any economic aggregate. The models serve for the authorities to get ahead of economic events and make efficient decisions according to their objectives. For example, stimulating the economy, curbing inflation or avoiding crises.

Explanation:

5 0
3 years ago
Other questions:
  • A business that purchases products in large quantities from producers and then sells it to another entity is known as a _____.
    15·1 answer
  • Which career is best suited for people who have a high school diploma
    15·1 answer
  • Carolyn has an AGI of $38,000 (all from earned income), two qualifying children, and is filing as a head of household. What amou
    14·1 answer
  • You are working on creating a business document with two other coworkers. Based on just this information, which of the following
    5·2 answers
  • Security X has an expected rate of return of 13% and a beta of 1.15. The risk-free rate is 5%, and the market expected rate of r
    7·1 answer
  • Product differentiation refers to: consumers who sort and group goods based on similar characteristics. firms who offer similar
    15·1 answer
  • Which of the following items is not classified as other comprehensive income (OCI)?
    6·1 answer
  • The following data pertains to Lam Co.'s manufacturing operations: Inventories 4/1 4/30 Direct Materials $ 18,000 $ 15,000 Work
    10·1 answer
  • Scenario: Wilson Industries Inc. Wilson Industries Inc. is a multinational firm that designs and produces premium leather bags f
    6·1 answer
  • a company paid $43,800 to acquire 7% bonds with a $46,000 maturity value. the company intends to hold the bonds to maturity. the
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!