Answer:
Red Oak 3,136
Cyril Inc 1,470
Total net revenue 4,606
Explanation:
Red Oak
4,000 - 20% trade-in allowance = 3,200
if payment within discount period: 3,200 x 2% = 64
3,200 - 64 = 3,136 for Red Oak
Cyril Inc
1,500 not qualificable for allowance
payment within discount period
1,500 x 2% = 30
1,500 - 30 = 1,470 for Cyril Inc
Answer: Contribution margin income statement
Explanation:
Answer:
Insatiation
Explanation:
Insatiation is an economic problem which arises as a result of human wants and cravings being limitless with a limited means of satisfying these wants
Economic problem of insatiation can be solved when there are also unlimited means of satisfying the limitless wants and desires of human
Entrepreneurs are people who assume the risk of business ownership
