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stich3 [128]
3 years ago
7

A sales invoice included the following information: merchandise price, $4,000; transportation, $300; terms 1/10, n/eom, FOB ship

ping point. Assuming that a credit for merchandise returned of $600 is granted prior to payment, that the transportation is prepaid by the seller, and that the invoice is paid within the discount period, what is the amount of cash received by the seller?
1. $3,400
2. $3,666
3. $3,950
4. $3,366
Business
1 answer:
g100num [7]3 years ago
5 0

Answer:

2. $3,666

Explanation:

Calculation for the amount of cash received by the seller

Cash received by seller = ($4,000 - $600) * 99 % + $300

Cash received by seller=$3,400*99%+$300

Cash received by seller= $3,666

Therefore the Cash received by the seller will be $3,666

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The competition between firms within a strategic group is:
Lelechka [254]

Answer:

The correct answer is A. Greater than the competition a member of a strategic group and companies outside that strategic group.

Explanation:

Companies that sell products or offer similar services to the same segment of the population are in a strategic group. For example, a haute cuisine restaurant and a fast food restaurant are both restaurants, but companies would be in different strategic groups, since they usually do not have the same customers. Similarly, a fashion boutique and a haute cuisine restaurant serve the same clientele, but they are in different strategic groups because companies offer different products. The examination of companies that operate within the same strategic group is called analysis of strategic groups.

This type of analysis is often discussed in conjunction with the market focus. In the market approach, the population of consumers is divided into market segments that share common characteristics such as education level, income, age and gender. Research companies study the general preferences of market segments and then use those preferences in gear products and services to specific market segments that are served by strategic groups.

6 0
3 years ago
The future earnings, dividends, and common stock price of Callahan Technologies Inc. are expected to grow 5% per year. Callahan'
Leviafan [203]

Answer:

14.06%

Explanation:

The computation of the cost of common equity using the DCF method is shown below:

Cost of Common Equity = [Ending year dividend ÷ Price per share] + growth rate  

= [$2.31 ÷ $25.50] + 0.05

= 14.06%

We simply applied the above formula by considering the ending year dividend, price and the growth rate so that the correct percentage could come

5 0
3 years ago
Intrinsic motivation contributes to the ________ of work; Incentives contribute to the ________ of work.a. quality; outcomeb. qu
aliina [53]

Answer:

quality:quantity

Explanation:

Intrinsic motivation contributes to the quality of work; incentives contribute to the quantity of work.

This is straight from one of the theories of reward management. These theories agree on a few broad strokes but fundamentally disagree on the overidiing motivation of human workers. Some giants in this field include Maslow, Vroom, Taylor, etc.

8 0
3 years ago
Fred Sweet runs dancing classes for middle-aged and elderly people. Some of Fred's customers lack physical coordination, and inj
Anuta_ua [19.1K]

Answer: the correct answer is D. That Fred used a fine-print exculpatory clause, which means that the customer lacked knowledge of the clause's existence.

3 0
4 years ago
A retail outlet for Boxo-witz Calculators sells 720 calculators per year. It costs $2 to store one calculator for a year. To reo
Archy [21]

Answer:

The store should order 60 calculators, 12 times per year to minimize inventory cost.

Explanation:

Given that;

Annual demand = 720 calculators

Holding cost (Storage cost) (H) = $2 per calculator

Ordering cost (D) = $5

Economic order quantity (EOQ)

= √ 2 × A × D / H

= √ (2 × 720 × $5) / $2

= √ $7,200 / $2

= √ 3,600

= 60 calculators

Number of orders per year

= Annual demand ÷ EOQ

= 720 ÷ 60

= 12 times

Therefore, the store should order 60 calculators 12 times per year to minimize inventory cost.

4 0
3 years ago
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