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Makovka662 [10]
3 years ago
12

Q 8.2: On June 15th, Buehler Company sells merchandise on account to Chaz Co. for $1,000, terms 2/10, n/30. On June 20th, Chaz C

o. returns merchandise worth $300 to Buehler Company. On June 24th, payment is received from Chaz Co. for the balance due. What is the amount of cash received? A : $680 B : $780 C : $686 D : $700
Business
1 answer:
Pavel [41]3 years ago
8 0

Answer:

C : $686

Explanation:

The computation of the cash received amount is shown below:

= (Sale value of merchandise - returned merchandise) × (100 - discount rate)

= ($1,000 - $300) × (100 - 2%)

= $700 × 98%

= $686

Since the payment is made within 30 days, so the company could avail the discount of 2% and the return goods should be deducted so that the actual amount of cash received can come.

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81. The forward rate of the Swiss franc is $.50. The spot rate of the Swiss franc is $.48. The following interest rates exist: U
Alisiya [41]

Answer:

invest  = $96,914

so correct option is d. $96,914

Explanation:

given data

forward rate of the Swiss franc = $.50

spot rate of the Swiss franc = $.48

pay a sum = SF200,000

solution

we know Borrow is here

Borrow = \frac{SF200000}{1.05}

Borrow = SF190,476

and

when we convert it will be

Convert SF190,476 is

Convert  = SF190,476  × $.48 = $91,428

so investment at 6 % is

Invest = 6 % of $91,428 + $91,428

invest = $5485.68 + $91,428

invest  = $96,914

so correct option is d. $96,914

7 0
3 years ago
The key to building a network is to: a. be able to ask for favors. b. convince someone to do something that he or she may not or
Fed [463]

Answer:

c.

Explanation:

A network is a group of two or more points (buildings, people, computers etc.) that are linked together to share information. The key to building a network is to get people to enroll in your vision due to your enthusiasm or idea. The more people that believe in your vision, the more individuals will join your network. Which is what a network needs, more and more endpoints to contribute to its existence.

7 0
3 years ago
When using _____, the seller pays all or part of the actual shipment charges and does not pass them on to the buyer.
riadik2000 [5.3K]

Answer:

freight absorption pricing

Explanation:

Freight Absorption Pricing. a pricing method in which the manufacturer bears some or all of the freight costs involved in transporting the goods to the customer.

8 0
3 years ago
Read 2 more answers
Think of a situation when you received a bad news with direct pattern (without any buffer). How did you react in that situation?
Dahasolnce [82]
Bajáis s and sjsisiejen ejejd
5 0
3 years ago
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A copy machine cost $ 45 comma 000 when new and has accumulated depreciation of $ 44 comma 000. Suppose Print and Photo Center s
natita [175]

Answer:

The disposal resulted was at D. No gain or loss

Explanation:

The gain or loss on disposal on a fixed asset is calculated by comparing the sales proceeds from disposing off the asset and the carrying value of the asset.

The carrying value of the asset is its net book value which is calculated as follows,

Carrying value = Cost - Accumulated depreciation

If the carrying value is equal to the sales proceeds from disposal, there is no gain or loss.

The carrying value of copy machine was = 45000  -  44000  =  $1000

The sales proceeds were also $1000

Thus, gain/loss on disposal = 1000 - 1000 = $0

Thus, there was no gain or loss on disposal.

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