1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Lana71 [14]
3 years ago
14

Harry receives an invoice from one of its European suppliers for antiques. The amount of the invoice is $40,000 with terms of 3/

10, net/60. If the invoice is paid on day 20, Beard is entitled to a ____ cash discount and will write the check for ____.
A. $1,200; $1,200B. $1,200; $38,800C. $0; $40,000D. $0; $41,200E. $0; $1,200
Business
1 answer:
mezya [45]3 years ago
3 0

Answer: C - $0; $40,000

Explanation: From the above question, the phrase 3/10, net 60 means Henry is entitled to a 3% discount if payment is make on or before the 10th day while the net 60 means that the invoice is due in 60 days anytime after the 60th day, the invoice becomes overdue.

From the question, the invoice total is $40,000. since payment was made on the 20th day, it means Henry is not entitles to any discount and so has to pay the whole of $40,000 on the invoice.

You might be interested in
An organization of investors usually in the form of a limited partnership who have joined together for the purpose of pooling ca
Nutka1998 [239]

An organization of investors usually in the form of a limited partnership who have joined together for the purpose of pooling capital for the acquisition of real property interests is known as a Real Estate Syndicate.

An organization is a group of people working together, such as a neighborhood association, charity, union, or business. The word organization can be used to refer to a group or enterprise or the act of forming or establishing something.

An organization is an official group of people such as a political party, business, charity or club. Most of these vocational schools are provided by volunteer organizations. ... Reported by the International Labor Organization. Synonyms: Synonyms for groups, companies, associations, associations, and organizations.

Learn more about organization here:brainly.com/question/19334871
#SPJ4

6 0
2 years ago
Please help! :)
Slav-nsk [51]

Answer:

True.

Explanation:

Arbitration and mediation are two alternative ways of resolving legal conflicts, that is, they are alternatives to judicial litigation.

Thus, arbitration involves the selection of an impartial third party (similar to a judge), who will decide through an award who of the parties is right, basing his decision on law, morals, ethics or common sense.

For its part, mediation involves a negotiation between the parties, assisted by a third party, the mediator, who will seek to reach an agreement.

Both alternatives imply that a lawsuit is not initiated, which in itself entails a notable economic and time saving for the parties in conflict.

6 0
3 years ago
Mary wants to sell her products in Europe since they're doing well in the United States. She doesn't have a lot of capital and i
Bess [88]

Answer:

D. Exporting Her Products.

Explanation:

As Mary wants to sell her products in Europe since they're doing well in the United States. She doesn't have a lot of capital and is risk-averse, so she should begin with  exporting her products which is the least riskiest and easiest way to enter in foreign market. Exporting is the mechanism by which you sell your products outside your country and generate profits. In this process very less risk is involved and you also need less level of investment as well. Mary can contact some sellers there and send her products to them and receive payment, hence much less risk in involved. With the help of exporting, she can also get the insights about that market's buying patterns as well that which products are in high demand there and can be sold profitably.

3 0
3 years ago
The probability that Mary will win a game is 0.03, so the probability that she will not win is 0.97. If Mary wins, she will be g
valkas [14]

Answer:

Expected value of X = -11.09

Explanation:

Expected profit:

= Probability of winning × Amount she wins

= 0.03 × $180  

= 5.4

Expected loss:

= Probability of loosing × Amount she paid

= 0.97 × $17

= 16.49

Let X be amount of money Mary wins or loses.

E(X) = Expected profit - Expected loss

= 5.4 - 16.49

= -11.09

Expected value of X = -11.09

That is expected value of loss of $11.09

4 0
3 years ago
At your new job, the human resources department ask you to bring two forms of identification before you can start working. Which
Karolina [17]

Answer:

the answer is b

Explanation:

8 0
3 years ago
Other questions:
  • One of the other employees in your department did not show up for work. He will not be coming in today, and no one will be arriv
    15·2 answers
  • In which of the following situations would you prefer to be the​ lender? A. The interest rate is 4 percent and the expected infl
    5·1 answer
  • If a tire fails or you have a blowout, you should immediately concentrate your attention on what?
    14·1 answer
  • Which of the following statements about global brands is most accurate?
    13·1 answer
  • What’s the best way for the FED (Federal Reserve Board) to create a tight money market? Buy government bonds and sell government
    14·1 answer
  • As noted in your text, global segmenting, targeting, and positioning are more complicated than domestic segmenting and positioni
    7·1 answer
  • After a school district's annual _______ revealed potential safety vulnerabilities associated with dark and isolated parking lot
    6·1 answer
  • Kela Corporation reports net income of $450,000 that includes depreciation expense of $70,000. Also, cash of $50,000 was borrowe
    10·1 answer
  • What evaluation criteria is used in economic analysis?a. Time to completion b. Technical feasibility c. Sustainability d. Financ
    9·1 answer
  • What type of segmentation categorizes consumers on the basis of the outcomes they hope to derive from a product or service
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!