B.calculate the simple discount note proceeds. simple discount note proceeds
Answer:
$41,400
Explanation:
Calculation for Paper Clip Company Operating income
OPERATING NET INCOME for Paper Clip Company
Sales revenue 164,800
Less: Purchases of merchandise (89,900)
Utilities for the store (9,600)
Sales commission (10,100)
Rent for store (13,800)
Operating net income $41,400
Therefore the Operating net income will be $41,400
This set of organizations called Marketing channel
Explanation:
A marketing channel is used to move the control of goods from either the point of origin to the place of purchase by individuals, organizations and acts. The way goods meet the customer, the end-user, is however known as a sales channel.
Marketing channels allow organisations to increase their scope and profits. Each communications platform, though, offers a different visibility and output ratio, so that it can be combined together. Current delivery structures–like manufacturer, wholesaler and seller–or versions that include one or two parts, can be part of marketing networks.
For example, companies such as Dell and Avon prohibit wholesalers and retailers from marketing to customers with their own stores and salespeople.
Answer: $225,000
Explanation:
Given that,
Company acquired a mine = $970,000 of this amount,
Land value = $100,000 and remaining portion to the minerals in the mine
Ore appear to be in the mine = 12,000,000 units
Aristotle incurred development costs = $170,000
fair value of its obligation = $40,000
ore were extracted = 2,500,000 units
Units sold = 2,100,000
=
= $0.09 depletion per unit
The total amount of depletion for 2017 = depletion per unit × ore were extracted
= $0.09 × 2,500,000
= $225,000
