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Nostrana [21]
3 years ago
11

If a company is given credit terms of 2/10, n/30, it should a. hold off paying the bill until the end of the credit period, whil

e investing the money at 10% annual interest during this time. b. pay within the discount period and recognize a savings. c. pay within the credit period but don't take the trouble to invest the cash while waiting to pay the bill. d. recognize that the supplier is desperate for cash and withhold payment until the end of the credit period while negotiating a lower sales price.
Business
1 answer:
Alex73 [517]3 years ago
3 0

Answer:

B. pay within the discount period and recognize a savings.

Explanation:

Option A is wrong because 2/10, n/30 means 2% will be discounted if the customer pays within 10 days. However, the customer has to pay the bill within 30 days. They will not get 10% annual interest.

Option C is wrong because there is no talk of investing any money.

Option D is wrong because the supplier will not withhold payment until the end of the period.

Option B is correct because the supplier wants to settle the payment quickly, and the customer will get savings.

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If the number of unemployed workers is 19 million, the number in the working-age population is 500 million, and the unemployment
konstantin123 [22]

Answer:

labor force participation rate= 96.2%

Explanation:

Giving the following information:

Unemployed people= 19 million

Labor force= 500 million

<u>First, we need to calculate the employed people:</u>

<u></u>

Employed population = 500 - 19= 481 million

<u>Now, to calculate the labor force participation rate, we need to use the following formula:</u>

<u></u>

labor force participation rate= (employed people/labor force)*100

labor force participation rate= (481/500)*100

labor force participation rate= 96.2%

4 0
3 years ago
A key determinant of the price elasticity of supply is the
alina1380 [7]

Answer:

The ability of sellers to change the amount of the good they produce.

Explanation:

Price elasticity of supply: It is an economic measure to check the responsiveness of quantity supplied to the change of price. As per the law of supply, the supply of quantity increases with the increase in the price of goods and services and vice versa. The numerical value of elasticity indicates how is the response of quantity supplied to the price of the product. As zero indicates no response to the change in price and 1 indicate a higher response to the price of the product.

The key determinant of the price elasticity of supply is how well the seller is able to change the quantity supplied as per the price in the market.

8 0
3 years ago
Greensaver Corp. is a company that sells electricity. Greensaver has taken the initiative to generate more power from solar and
UNO [17]

Answer:

c.Corporate social responsibility (CSR)

Explanation:

Based on the information provided within the question it can be said that Greensaver Corp's efforts are best described as Corporate social responsibility. This refers to the act of a company' charitable nature to contribute to societal goals. Which is exactly what Greensaver Corp is doing by installing saplings in parks and roadsides in order to combat pollution of nonrenewable resources for the good of the planet and society.

5 0
3 years ago
Andrews Corp. ended the year carrying $33,836,000 worth of inventory. Had they sold their entire inventory at their current pric
mamaluj [8]

Answer:

Revenue could be of amount $33,836,000

Explanation:

As the selling price is not given in the question, only the cost of the inventory is given, So,

We assume that the Sales quantity is X and the Selling Price per unit be Y

Then,

Sales = X × Y                              ............... Equation (1)

Less : COSG = $33,836,000     ................ Equation (2)

Net Income = 1 - 2

If the selling price is equal to the cost of the inventory which is $33,836,000. So, the only revenue which is to be added is the amount of $33,836,000.

Note: It totally depend or grounded on the Sales value.

6 0
3 years ago
PLEASE ANSWER THESE 3 QUESTIONS I WILL GIVE BRAINLIEST
Rasek [7]

Answer:

Times of maximum fear is the best time to buy stocks, while times of maximum greed are the best time to sell.

Explanation:

<u>Behind the truism is the tendency of the markets to overshoot on both the downside and the upside. Part of the reason is a pure herd instinct that drives stock prices. The investor who takes an unbiased look at the market might be able to see the herd instinct at work and take advantage of the extreme ups and downs that it causes. That investor can buy low and sell high.</u>

<u>Unfortunately, it's easy to determine after the fact whether a price was too low or too high and even why. During the moment, it is monumentally difficult. Prices both affect and reflect the psychology and emotions of market participants.</u>

<u>For this reason, "buy low, sell high" can be challenging to implement consistently. Traders trying for a more objective view consider other factors to make a more informed decision. These factors include moving averages, the business cycle, and consumer sentiment.</u>

8 0
3 years ago
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