Answer:
The answer is $53,699
Explanation:
Discount = 2%
Discount days = 15 days
Net days = 40 days
Gross purchase is $800,000 per year
Discount on the purchase is $16,000(2% of $800,000)
Therefore net purchase is $784,000($800,000 - $16,000).
Net per day is:
Net purchase ÷ 365 days
$784,000 ÷ 365 days
= $2,147.95
Total trade credit = Net per day x Net days
$2,147.95 x 40 days = $85,918
Free credit = Net per day ×Discount days
=$2,147.95 x 15= $32,219
Therefore, Costly trade credit = Total credit −Free credit
$85,918 - $32,219
= $53,699
Answer:
True.
Explanation:
The registration statement is a document that private company files with Securities and Exchange Commission (SEC). This document specifies the intent of private companies, that why they desire to share its stocks with the public. It specifies the securities of registration, investment, etc.
When a company shares it registration statement with SEC and it is in the procedure of checking, the company is free to distribute its free-writing prospectus.
A free-writing prospectus is written communication that states the offer of selling the security. This document specifies the basic details about the issue. When the registration statement in the process of checking, the company is free to distribute free-writing prospectus. Thus the answer is true.
Answer:
C) Overapplied overhead
Explanation:
The ending balance of $8,000 represents the overhead overapplied as the credit side is more than the debit side related to production i.e as the credit side is $167,000 and the debit side is $159,000 so the credit side is greater than the $8,000
Therefore the correct option is c.
Hence, the other options are wrong
Do you have to answer in Spanish?
The suggestion is that poor countries reduce barriers to products relating to agriculture and <u>textile </u>products.
<h3>Why the suggestion?</h3>
- It is thought that poorer nations produce certain type of products and these should be traded freely in developed countries.
- It is hoped that this would allow poorer nations to become richer.
Some of those products include agricultural and textile products, both of which require little processing from raw materials which are abundant in poorer nations.
Find out more on agriculture in poorer nations at brainly.com/question/25077523.
