Answer:
c. $6,076
Explanation:
Calculation for what Alison should record the purchase
Purchase=$6,200 ×(100%-2%)
Purchase=$6,200 ×98%
Purchase=$6,076
Therefore if Alison uses the net method to record purchases she should record the purchase at:$6,076
Answer:
A company purchases inventory on credit.
Explanation:
Current liabilities are those that have to be settled within the fiscal year. The statement above does not specify if the credit has to be paid within the fiscal year, but most likely it has to, because inventories do not usually represent a long-term debt.
So under this sceneario, purchasing inventory on credit would represent an increase in the current liabilities of the firm.
If producing each additional unit of good x required giving up ever-increasing amounts of good y, the production possibilities curve between x and y would be bowed outward.
The law of increasing possibility fee: As you increase the manufacturing of 1 appropriate, the opportunity fee to provide the additional precise will boom.
First, understand that opportunity price is the fee of the following-high-quality alternative when a decision is made; it's what's given up.
When the economy grows and all other matters continue to be steady, we are able to produce greater, so this will motivate a shift in the manufacturing opportunities to curve outward, or to the proper.
Learn more about production here: brainly.com/question/26460726
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Answer:
A)The first cash flow of an annuity due is made on the first day of the agreement.
D)The last cash flow of an ordinary annuity is made on the last day covered by the agreement.
Explanation:
An annuity can be regarded as a series of payments which is made at an stable intervals. It can be classified based on the payment frequency. These could be monthly home mortgage payments,
It should be noted that in annuities,
✓The first cash flow of an annuity due is made on the first day of the agreement.
✓The last cash flow of an ordinary annuity is made on the last day covered by the agreement.
Answer and Explanation:
Direct competition is a type of competition where two or more businesses offers the same kind of product and compete in the similar market.
The examples like dominos versus pizza hut in terms of food, HP versus Dell in terms of laptop
So in this examples they sell the same kind of products and compete each other
