Answer:
Dr. Account Payable $5,700
Cr. Discount Income $114
Cr. Cash $5,586
Explanation:
Term 2/10, net/30 means there is a discount of 2% is available on payment of due amount within discount period of 10 days after purchase and net credit period of 30 days.
According to given data
Purchases = $5,700
As the payment is made within discount period, so discount will be availed
Discount = $5,700 x 2% = $114
Amount to be paid = $5,700 - $114 = $5,586
Answer: <em>True</em>
Explanation:
<em>Quality assurance is assuring the customer that the product will work and that they will even offer a warranty if it some how breaks for free.</em>
Answer:
Establish incentives for autonomous division managers to make decisions that are in the overall organization's best interests (i.e., goal congruence).
Answer:
D) eminent domain.
Explanation:
In the US, eminent domain is the right of a government entity (local, state or federal government) to take private land and assign a public use to it. This government expropriation is carried out with a compensation payment done to the landowner.
In this case, the municipal government of Orlando is going to expropriate Neil's land and use it to expand a thoroughfare (road or avenue) through the city. The city will pay Neil a certain amount of money for taking away his land and suing it for a public service.
The 5th amendment of the US Constitution states that eminent domain must be carried out only after the landowner has been compensated for his/her loss.
The NPV of the venture is -$sixteen,752.55.
In accounting, the working capital overall is typically derived from the figures for present-day belongings and present-day liabilities recorded on the stability sheet. as an instance, a corporation with $2 hundred,000 in cutting-edge property and $100,000 in modern liabilities has operating capital of $100,000.
The working capital calculation is working Capital = present-day assets - modern Liabilities. as an example, if an agency's stability sheet has 300,000 total modern assets and 200,000 total modern liabilities, the corporation's working capital is one hundred,000 (property - liabilities).
Working capital is just what it says – it's for the cash you have to paint with to meet your short-time period needs. it is vital because it's miles a degree of an organization's capacity to repay quick-term costs or money owed.
Learn more about Working capital here: brainly.com/question/26214959
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