Answer: $8750
Explanation:
The amount of gross margin that resulted from these business events will be calculated as:
Purchase = $10000
Less: Purchase discount = $10000 × 2% = $200
Add: Freight paid = $450
Total purchase = $10250
Gross margin = Sales - Total Purchases
= $19000 - $10250
= $8750
Answer:
$228,000
Explanation:
Value of the building
= Market price of the shares x Number of shares exchanged
= 12000x$19
=$228,000
The answer is Credit card.
Credit card is a small plastic card issued by a bank, business, etc., allowing the holder to purchase goods or services on credit.
