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Bond [772]
3 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]3 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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Which of the following choices is not considered a revenue producing business enterprise?
exis [7]
<span>b. public schools is the answer i did the test.</span>
3 0
3 years ago
2. On January 2, 2017, heavy equipment costing $800,000 was purchased. The equipment had a life of 5 years and no salvage value.
Naddika [18.5K]

Answer:

The solution to the given problem is done below.

Explanation:

(a)            Depreciation

            for Financial              Depreciation for Temporary

Year         Reporting Purposes           Tax Purposes            Difference

2017           $160,000                          $264,000          (104,000)

2018           $160,000                          $360,000          (200,000)

2019           $160,000                           $120,000            40,000

2020           $160,000                           $56,000            104,000

2021                  $160,000                                      0                        $160,000

                         $800,000                            $800,000                   0

(b)                        2018       2019          2020         2021           Total  

Future taxable

amounts:

Depreciation     $(200,000)      $40,000      104,000    $160,000    $104,000

Deferred tax liability: $104,000 × 40% = $41,600 at the end of 2017.

8 0
3 years ago
Juanita is having her yard landscaped. She obtained an estimate from two landscaping companies. Company A gave an estimate of $2
mafiozo [28]

Answer:

8 hours is required for both companies to cost the same

Explanation:

given data

company A materials and equipment = $220

company A labor = $45 per hour

company B materials and equipment = $300

company B labor = $35 per hour

to find out

how many hours of labor required

solution

total cost of company A =  220 + 45 h

total cost of company B =  300 + 35 h

so we can say

total cost of company A = total cost of company B

220 + 45 h  = 300 + 35 h

h = 8

so 8 hours is required for both companies to cost the same

5 0
3 years ago
What might a southern governor do if he or she wanted business to move into his or her state apex?
Dafna1 [17]
Offer a company a tax break
7 0
3 years ago
Read 2 more answers
A competitive firm sells its output for $50 per unit. Assume that labor is the only input that varies for the firm. The marginal
noname [10]

Answer:

the value of the marginal product of labor is $500

Explanation:

The computation of the value of the marginal product of labor is shown below:

= MRP × price per unit

= 10 units × $50 per unit

= $500

hence, the value of the marginal product of labor is $500

We simply applied the above formula

5 0
3 years ago
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