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2 years ago

Net Purchases + Purchases Returns and Allowances + Purchase Discounts equals:

Business

1 answer:

allochka39001 [22]2 years ago

4 0

Answer:

OB. Gross Purchases.

Explanation:

Gross purchases represent all the purchases a business made in a particular period. It includes returns outwards ( purchases returns), discounts and allowances received.

Net purchases are calculated by subtracting purchase returns, discounts received, and allowances from gross purchases.

Therefore, Net Purchases + Purchases Returns and Allowances + Purchase Discounts= gross purchases.

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Explanation:

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2 years ago

An investment offers $6,600 per year for 10 years, with the first payment occurring one year from now. If the required return is

Reika [66]

Answer:

Instructions are listed below

Explanation:

Giving the following information:

An investment offers $6,600 per year for 10 years, with the first payment occurring one year from now. The required return is 5 percent.

A) FV= {A*[(1+i)^n-1]}/i

FV= {6600*[(1.05^10)-1]}/0.05= $83,014.09

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B) n=35

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PV= 596,114.03/1.05^35= $108,069.69

C) n=65

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PV= 3,014,866.87/ 1.05^65= $126,463.06

D) PV= 6600/0.05= $132,000

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3 years ago

9. Emil Motycka is considered an entrepreneur because

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Answer:

he started and managed a business.

Explanation:

Entrepreneur is the person who is willing to take risk by putting his capital to create and operates business.

Emily Motycka gained his fame because he started and managed a business at 13. He created Motycka Enterprises , a company that offers lawn mowing services to the suburban houses.

By the time he entered high school, he already earned a 6 figure income, while most people only able to get that type of earning in their 30s.

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2 years ago

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1 in 5 of the sample employees use direct deposit

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3 years ago

Solve for the missing amounts in the T-account given below. Assume that there is only one debit entry and one credit entry in th

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Answer:

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Explanation:

Please refer to the attached for working.

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3 years ago