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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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When output increases, the PPC of the economy __________ , indicating ________in the economy.
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The answers to the question are "shift outward" and "growth" based on the blank sentence above. The Production Planning Curve is a graph which shows the effectivity of a production process of a country. An output increase indicates an increasing of the effectivity of a production process of a country and this effectivity is a result of a growth.
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Technology often offers the potential of improving efficiency and effectiveness of trans-portation companies, but water carriers
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Answer:

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A great impediment for the technological progress of water freight is that most ports are obsolete and have not been updated in many years. Updating them is very expensive and many of them are public ports which doesn't help either.

Most new carrier ships (which are very high tech) are probably too big to fit into most US ports, so even if a carrier company invests huge amounts of money in them, where will they them? Technological progress must start with the ports, then water carriers should improve.

Another problem is that regulation is very loose in the US, especially regarding maritime ports.

5 0
3 years ago
Assets Current assets $38,000,000 Net plant, property, and equipment $101,000,000 Total assets $139,000,000 Liabilities and Equi
Reil [10]

Answer:

9.73%

Explanation:

the market value of equity = 10,000,000 stocks x $15 = $150,000,000

the market value of debt = 40,000 bonds x $1,150 = $46,000,000

total = $196,000,000

weight of equity = 0.7653

weight of debt = 0.2347

Re = 3.5% + [1.35 x (0.115 - 0.055)] = 0.035 + 0.081 = 0.116

cost of debt = ytm = {36.25 + [(1,000 - 1,150)/40]} /  [(1,000 + 1,150)/2] = (36.25 - 3.75) / 1,075 = 32.50 / 1,075 = 0.03023 x 2 = 0.0605

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WACC = (0.116 x 0.7653) + (0.0363 x 0.2347) = 0.09729 = 9.73%

3 0
3 years ago
Jade, a scientist working in the research department of corals cosmetics, is asked to not report the ill-effects of using a new
NARA [144]
Jade resides in the principle stage of cognitive moral development. This stage enables the conscience of the person kicks in and it involves the attitude of respect and trust. It is seen in the scenario above where Jade refuses to take on the permanent job because she does not want to ignore the report that she has found about the ill effects of the product that could bring harm to the people who will buy the products if it has been launched. She lets her conscience kick in and shows respect and trust to those people who could be affected because of this product.
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4 years ago
A company uses the departmental overhead rate method. Total overhead costs are $5,000,000. Of this total, the machining departme
AleksAgata [21]

Answer:

Allocation rate Machining= $50 per machine hour

Explanation:

Giving the following information:

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