Answer:
The amount received on June 24 is $686
Explanation:
given data
sold account = $1,000
terms = 2/10, n/30
returns merchandise = $300
to find out
amount of cash received on June 24
solution
we know here that payment is made within the discount period
that is discount period = 10 days
so amount received will be here
amount received = sold account - returns
amount received = $1000 - $300
amount received = $700
and discount is here
discount = 2% of amount received
discount = 2% × $700
discount = $14
so
amount of cash received is = amount received - discount
amount of cash received is = $700 - $14
amount of cash received is $686
Answer:
Equilibrium price = $6
Total quantity in the market would be > 400 units ( unchanged )
Explanation:
Applying small=country model
world price of product = $6
import quota = 400 units
The Equilibrium price in Marketopia would be $6 and the total quantity available in Marketopia would > 400 units
This is because in a small country assumption model, the total imports made by any country is insignificant to the Total quantity of the products available in the market therefore it has no effect on the price of the products even if when the imports are stopped by the country
The qualification certification and credentialing personnel are all part of the comprehensive resource management of NIMS
<h3>What is the meaning of nims management?</h3>
NIMS means the National Incident Management System.
The management system ensures that the government, nongovernmental organizations and private sector work together to prevent, protect and respond to incidents.
However, the qualification certification and credentialing personnel are all part of the comprehensive resource management of NIMS.
Read more about NIMS
<em>brainly.com/question/14420110</em>
The nominal interest rate will rise by 3%.
Nominal interest rate is the sum of real interest rate and inflation rate. Real interest rate is interest rate that has been adjusted for inflation. Inflation is the persistent rise in general price levels.
Nominal interest rate in year 2 = real interest rate + inflation rate
6% + 3% = 9%
Nominal interest rate in year 1 = 6%
Change in nominal interest rate = 9% - 6% = 3%
To learn more, please check: brainly.com/question/21323568
Answer:
$5300
Explanation:
Contribution margin for Division B = Sales * Contribution margin ratio
= $243,000 * 20%
= $46,800
Total contribution margin = Division A + Division B
= $46,400 + $46,800
= $93,200
Contribution margin $93,200
Less : Traceable fixed expenses $51,100
Less : Common fixed expenses (plug) $5300
Net operating income $33,800
