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Bond [772]
2 years ago
13

Your company purchases $50,000 of inventory from a wholesaler who allows you 45 days to pay. In addition, the wholesaler offers

a 3% discount if payment is made within 12 days. These payment terms would be expressed as: A. 0.03/12, n/45. B. n/45, 0.03/12. C. 3/12, n/45. D. n/45, 3/12.
Business
1 answer:
STatiana [176]2 years ago
7 0

Answer:

C. 3/12, n/45

Explanation:

These payment terms would be expressed as : 3/12, n/45.

This is because :

  1. 3/12 means 3 % discount is granted if payment is made within 12 days.
  2. n/45 means supplier allows customer to pay within 45 days in total.

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irina [24]

Explanation:

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3 0
2 years ago
A company’s unit costs based on 100000 units are: Variable costs $75 Fixed costs 30 The normal unit sales price per unit is $165
Simora [160]

Answer:

$81,000

Explanation:

The computation of the incremental profit (loss) from accepting the order is shown below:

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Now

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= $4,100 × 90

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Now Incremental contribution for special order is

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= $450,000

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Incremental profit is

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3 0
2 years ago
Sam, alfredo, and juan want to start a small u.S. Business. Juan will fund the venture but wants to limit his liability to his i
Ugo [173]

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The general partners bear all the risk of the partnership and are jointly and severally liable for the debts of the partnership.

The limited partner contributes funds, but in not involved in the management of the partnership.

As a result he is not personally liable for the debts of the partnership.

However, he is entitled to a dividend by virtue of his investment. The nature of this dividend is defined and the terms are spelled out clearly in the partnership agreement.

7 0
2 years ago
Smashed pumpkins co. Paid $200 in dividends and $624 in interest over the past year. The company increased retained earnings by
Maru [420]

Dividends that were paid last year = $200

Retained earnings = $522

Net Income = Retained earnings + Dividends paid = 200+522 =722

Tax rate was 38%.

Earnings before tax (EBT) = Net income/ (1-tax rate) =722/(1-0.38) = 1,164.52

Interest expense= 624

Earnings before interest and tax (EBIT) = EBT + interest expense = 1,164.52 + 624 = 1,788.52

Earnings before interest and tax (EBIT) = 1,788.52


3 0
3 years ago
A country with a very low per capita GDP can have a very high growth rate because mathematically, when the________ is________, e
lana66690 [7]

Answer:

Denominator

Lower

Numerator

Explanation:

The reason is that the statement is talking about the low per capita GDP which we can see in the picture attached with this answer.

We can see that if the denominator is lower which means that either population decreases or remains constant when the GDP has increased then the the growth in the per capita GDP will be higher because minute increases in the GDP will increase the answer with significant percentages.

4 0
3 years ago
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