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3 years ago

Amounts owed to suppliers for supplies purchased on account are defined as

2 answers:

5 0

The term being referred in the item above is called as "Accounts Payable". By the words being used in the term itself, it may be easily determined that this is a liability being owed to the supplier and should be payed in any terms, such as notes, check, or cash.

vlabodo [156]3 years ago

5 0

Amounts owed to suppliers for supplies purchased on account are defined as "accounts payable". It <span> is an </span>accounting<span> entry that represents an entity's obligation to pay off a short-term debt to its creditors. Hope this answers the question. Have a nice day.</span>

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Whom do progressive taxes asses

grin007 [14]

Answer

Hi,

Progressive tax assesses a taxpayer’s ability to pay. Higher rates are on the wealthy than on the poor.

Explanation

Those considered poor according to a country’s definition have families who spend larger shares of their income on the cost of living thus all money they earn is needed to afford basic needs thus face a decreased progressive tax. On the other hand, the progressive tax imposed on wealthy individuals decrease their abilities to purchase more luxury items or invest in stock.

Hope this helps!

6 0

3 years ago

Read 2 more answers

Selecting the best alternative system involves:

MissTica

Answer:

The correct answer is letter "E": both A and B.

Explanation:

At the moment of creating a strategic plan, companies must also outline contingency strategies in case the master plan does not work. These contingency plans work as alternative systems that, just like the master plan, englobe all the activities and steps the firm will follow to keep the business up and running.

Therefore, the alternative systems also include the resources available the firm counts on to conduct its operations which will also let the company be aware of the limits it has in the for its day-to-day and long-term activities.

7 0

2 years ago

Assume it costs Lady Marion Seafood, Inc. $30 to each catch, process, freeze, package, and ship 5 pound packages of Alaskan Salm

saul85 [17]

Answer:

Standard markup pricing

Explanation:

Standard markup is a quick and easy way to find out how much you pay for your goods or services.

After calculating the actual cost of the product, the seller or business owner adds a percentage of the actual cost of the product to arrive at its selling price.

so here

Actual cost = $30

Markup = 60% of actual cost

Markup = 0.6 × $30

Markup = $18

so selling price is

selling price = $(30 + 18)

selling price = $48

4 0

3 years ago

Staples, an office supply chain, is an example of which type of organizational buyer?

iren2701 [21]

Answer: Reseller

A reseller is an organization that sources a variety of products from various producers, aggregates them under one roof and sells them to end users. A reseller usually doesn’t produce or add value to the products themselves.

Staples is a reseller that stocks a variety of stationery under one roof. It was set up with an objective to make all kinds of office and stationery supplies easily available to the end users.

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2 years ago

Total fixed costs are $60,000. Marketing data indicate that the company can sell up to 8000 units of the Bedford Lamp and up to

Mrac [35]

Answer:

____8,000____units of Bedford lamp and ____4,000_______units of Lowell Lamp

Explanation

8,000 units of Bedford lamp X 2 machine hours = 16,000 machine hours.

4,000 units of Lowell lamp X 4 machine hours = 8,000 machine hours.

7 0

3 years ago

Read 2 more answers