Answer:
$6,500
Explanation:
In these cases, the fraction 3/15 represents that 3% discount will be offered on payment if the payment is made within 15 days.
The fraction n/45 represents the total credit period allowed for this purchase is 45 days.
So if a person makes the payment beyond 15 days there will be no discount offered and accordingly, the purchase price will be paid.
Here, Happy Valley also paid after 15 days, that is on 17th day. Thus, net purchase will be $6,500 and no discount shall be recorded on such payment, or recording the purchase value.
Pre-construction activities involves planning, coordinating and control of a project from the very beginning to the end of the project in order to produce to produce a financially viable project. Construction and design specialists typically take an interdisciplinary approach to their work in order to draw on a varied creative tool set.
Answer:
Duke Company Lord Company 2022 2021 2022 2021 Net Sales $1,849,000 $546,000 Cost Of Goods Sold 1,063,200 289,000 Operating Expenses 240,000 ...
Explanation:
Answer:
Long term
Explanation:
A business needs to plan in order to meet it business objectives and also to adequately satisfy the customer.
Short term plans are those that meet immediate business and customer needs. The require less preparation and cost to implement.
Long term plans require more planning and are meant to meet long term objective of the business. Cost is also higher than for short term plans.
In this scenario Boeing needs several years to develop an aircraft that has more fuel efficiency. So their plans are long term and aimed to satisfy customer needs.
Answer: $105,000
Explanation:
Given, unrecognized prior service costs granted = $600,000
service years in future = 2,000
service years this year = 350
Mistor's unrecognized prior service cost amortization for the year = (unrecognized prior service costs granted) ÷ (service years in future) ×(service years this year )
= $(600000÷2000×350)
= $105,000
Hence, Mistor's unrecognized prior service cost amortization for the year = $105,000