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sattari [20]
3 years ago
9

Your company has been offered credit terms of 4/30, net 90 days. What will be the nominal annual percentage cost of its non-free

trade credit if it pays 145 days after the purchase?
Business
1 answer:
AVprozaik [17]3 years ago
6 0

Answer:

itififjdjidkridjdjjr

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On April 1, 2017, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the comp
Radda [10]

Answer:46795

Explanation:

7 0
3 years ago
Which of the following is considered a cause of inflation?
inn [45]

Inflation means- A general increase in prices and fall in the purchasing value of money.

So if you think about the question and the definition, what answer involves the money going down and or up significantly?

The answer would be,

B, Producers raise prices to meet HIGHER cost.

          Hope this helps :)

8 0
3 years ago
Cicchetti Corporation uses customers served as its measure of activity. The following report compares the planning budget to the
Marina86 [1]

Answer and Explanation:

The Preparation of the company's revenue and spending variances for December is prepared below:-

The report with respect to the company revenue and spending variance is presented in the attachment below

The revenue refers to the sales of the company

And, the spending variance refers to the difference between the actual amount of expenses incurred and the budgeted amount of expenses incurred. The same is shown in the below attachment.

8 0
3 years ago
Ryan Company deposits all cash receipts on the day they are received and makes all cash payments by check. Ryan's June bank stat
Sergio039 [100]

Answer: $19037

Explanation:

The following can be deduced from the question:

Balance per Bank statement = $18361

Add: Deposits in Transit = $1450

Add: Bank error = $63

Less: Outstanding check = $837

Adjusted cash Balance per Bank:

= ($18361 + $1450 + $63) - $837

= $19874 - $837

= $19037

The adjusted cash balance per the bank records should be $19037.

N.B: The bank error was gotten as the difference between $92 and $29. $92 - $29 = $63

5 0
2 years ago
Managerial performance can be measured in many different ways including return on investment (ROI) and residual income. A good r
snow_lady [41]

Answer:

The main reason behind using the residual income in place of rate if income is that the manager always goes for that project that gives maximum benefit to the organization.

Explanation:

The main reason behind using the residual income in place of rate if income is that the manager always goes for that project that gives maximum benefit to the organization.

As residual income is referred to income that calculated after deducting all debt and expenses occur on the project. ROI is a way to predict the profit of the project while residual income calculates the net income that the organisation generates from the project.

3 0
3 years ago
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