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3 years ago

Total gross sales for the period include the following:

Business

1 answer:

ycow [4]3 years ago

7 0

Answer:

redit Card Sales:

Gross Sales = $10,300

Credit Card Discount = 2%*$10,300

Credit Card Discount = $206

Net Credit Card Sales = Gross Sales - Credit Card Discount

Net Credit Card Sales = $10,300 - $206

Net Credit Card Sales = $10,094

Sales on Account:

Gross Credit Sales = $10,600

Credit Sales Return = $200

Half of remaining sales were paid within the discount period.

Credit Sales Discount = $10,400*50%*2%

Credit Sales Discount = $104

Net Credit Sales = Gross Credit Sales - Credit Sales Return - Credit Sales Discount

Net Credit Sales = $10,600 - $200 - $104

Net Credit Sales = $10,296

Total Net Sales = $10,094 + $10,296

Total Net Sales = $20,390

So, Net Sales of $20,390.00 will be reported in income statement.

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What key stage involves defining your project? a. Representing your data in a trustworthy manner b. Working with data c. Develop

STatiana [176]

Answer:

The correct answer is letter "C": Developing your design solution.

Explanation:

Every project borns with the idea of finding a solution to a problematic situation. While designing a project coming up with what the solution is for the problem that you would like to attempt solving is vital because from there part all the steps on what and how it is going to be done.

7 0

3 years ago

The Sneed Corporation issues 10,000 shares of $50 par preferred stock for cash at $75 per share. The entry to record the transac

larisa [96]

Answer:

The answer is D.

Explanation:

Value of cash received is :

10,000 shares x $75

=$750,000

And that's a debit as it is shown in the question because cash was received.

Now the credit side.

Value of preferred stock is $50

So we have:

$50 x 10,000 shares

=$500,000 preferred shares.

Paid-in Capital in Excess of Par ValuePreferred Stock is $25 ($75 -$50)

So the value will be $25 x $10,000

=$250,000

3 0

3 years ago

Today, you borrowed $3,200 on a credit card that charges an interest rate of 12.9 percent, compounded monthly. How long will it

miskamm [114]

Answer:

It will take me = 30.99 years to pay-off the borrowed amount paying $60.00 every month

Explanation:

SOLUTION:

Using the Formula: A = P(1+r/n) ${nt}$

Where:

A= $60.00;

P = $3,200.00;

r = 12.9%;

n = 12

t =?

Substituting the values into the Formula =

$60 = $3,200(1 + 12.9%/12) ${12t}$

= $60 = $3,200(1 + 12.9%/12) ${12t}$

= $60.00 = $3,200.00 (1 + 0.129/12) ${12t}$

= $60.00 = $3,200.00 (1 + 0.01075 ) ${12t}$

= $60.00 = $3,200.00 (1.01075 ) ${12t}$

= $60.00/$3,200.00 = $3,200.00 (1.01075 ) ${12t}$ /$3200.00

= 0.01875 = (1.01075) $12t$

= Using the law of logarithm

= log $A^{N}$ = Nlog A

=12tlog(1.01075) = log0.01875

= 12log(1.01075)/(1.01075) = log0.01875/log(1.01075)

= 12t = log(0.01875)/log1.01075

= 12t = 1.7270/0.04644

Divide 12 by both sides

=12t/12 = 371.88774/12

t= 30.9898

∴ 30.99 years

It will take me = 30.99 years to pay-off the borrowed amount paying $60.00 every month

3 0

3 years ago

1.different types of socialization?

patriot [66]

Answer:

Primary and secondary

Explanation:

Generally there are 5 types of socialisation.

1. Primary

2. Secondary

3.Anticipatory

4. Development

5. Resocialisation.

But the common are primary and secondary

6 0

3 years ago

Read 2 more answers

George offers to sell his car to Suzy for $10,000 on the coming Sunday, to which Suzy agrees. They write down the details on a p

max2010maxim [7]

Answer:

Promissory estoppel

Explanation:

Promissory estoppel means that in legal tenet that a promise or pledge can be enforced by law, actually if formulated without legal consideration, if the George now the (promisor) has made a pledge to a Susy the (promises) who then depends on that promise for a subsequent detriment. So what Promissory estoppel is expected to do is to stop the (George) promisor from insisting that an underlying promise should not be legally authorized or implemented. So Susy can sue George on the basis of promissory estoppel and get a reward for George's disappointment

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3 years ago