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
zmey [24]
3 years ago
5

Concord Company sells merchandise on account for $5700 to Ivanhoe Company with credit terms of 2/10, n/30. Ivanhoe Company retur

ns $1000 of merchandise that was damaged, along with a
check to settle the account within the discount period. What is the amount of the check?
$4700
$4606
$5586
$5606
Business
1 answer:
Anna71 [15]3 years ago
6 0

Answer:

The right solution is Option b ($4606 ).

Explanation:

The given values are:

Company sells merchandise,

= $5700

Company returns,

= $1000

Now,

The amount of the check will be:

= (5700-1000)\times 98 \ percent

= (5700-1000)\times 0.98

= 4700\times 0.98

= 4606 ($)

You might be interested in
Under former CEO Kalanick, when Uber entered into a new market, it often disregarded local laws and allowed its drivers to begin
qaws [65]

Answer:

  Is the proposed action legal?

Explanation:

The very first step in the decision tree (below) was ignored. Disregarding local laws is ignoring the question of legality.

8 0
4 years ago
In a long-run equilibrium,
Serga [27]

Answer: Option (d) is correct.

Explanation:

Correct option: Only a perfectly competitive firm operates at its efficient scale.

In the perfectly competitive market and in the long run, the firms who are making losses will exit the market and those firms who are able produce at a point where price is equal to the average total cost will exist in the market.

However, monopolistic firms operates at a below efficient level of production and with an excess capacity.

Competitive firms are generally enjoys the productive efficiency in the long run because these firms have the capability to produce at a lower average total cost.

8 0
3 years ago
If the terms of a contract are _____________a court__________use ___________evidence, which is evidence outside the express term
xeze [42]

Answer:If the terms of a contract are ambiguous a court may use extrinsic

Explanation:

The ambiguity of the terms of the contract will force the court to look beyond the express terms of the contract and further looks into the extrinsic terms to be able to take a position on the contract.

8 0
3 years ago
When dave, a restaurant owner, had his seafood business destroyed by hurricane katrina, he believed that he was in control of hi
Luden [163]

Dave is an individual with an <u>"Internal locus of control".</u>


Locus of control is a person's belief system with respect to the reasons for his or her encounters and the components to which that individual characteristics achievement or disappointment.  

In the event that a man has an internal locus of control, that individual credits accomplishment to his or her own endeavors and capacities. A man who hopes to succeed will be more roused and more inclined to learn.  

Psychological research has discovered that individuals with a more internal locus of control appear to be in an ideal situation, e.g. they have a tendency to be greater accomplishment situated and show signs of improvement paying employments.

7 0
3 years ago
1. A metal box of weigh 20 N rests on its 1 m by 0.6m side on floor. How
BARSIC [14]

answer:

explanation: Pressure = force / area

P = 20/ 1×0.6

P = 20/0.6

P = 33,33 N/m^2

4 0
3 years ago
Other questions:
  • Jessie and Preston are both managers at CPA4U, a large accounting firm. Each has a very different management style. Jessie frequ
    11·1 answer
  • Emily, who lives in Indiana, volunteered to travel to Louisiana in March to work on a home-building project for
    14·1 answer
  • If a pension plan has not established an irrevocable trust to account for defined benefit pension plan contributions and distrib
    11·2 answers
  • Compute cost of goods sold for the period using the following information. Finished goods inventory, beginning $ 376,000 Work in
    13·1 answer
  • Lopez computes its overhead rates using practical volume, which is 80,000 units. The actual results for the year are as follows:
    11·1 answer
  • All of the following can change the supply curve EXCEPT: A. the cost of labor. a change in consumer tastes for the product. B. t
    6·2 answers
  • Shannon Co. is considering a project that has the following cash flow and cost of capital (r) data. What is the project's discou
    15·1 answer
  • Suppose a country using the United States' system of calculating official unemployment statistics has 100 million people, of who
    15·1 answer
  • A campus deli serves 200 customers over its busy lunch period from 11:00 a.m. to 1:00 p.m. A quick count of the number of custom
    7·1 answer
  • Dennis Kozlowski, John Thain, and Raj Rajaratnam are former CEOs mentioned in the text that have been involved in corporate gove
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!