Answer:
In the books of seller, cash discount is deducted from the invoice price when the buyer pays earlier or on the date/term stipulated
Explanation:
- An early payment discount or cash discount is the reduction in invoice price due to payment before the due date.
- A number of factors should be considered to see how much discount should be provided . Some of them are: check the cash discount offered by competitors, and check the payment history of the customer.
- This strategy helps close the gap in cash flow and boost the working capital.
Answer:
$9,416.75
Explanation:
Present value is the sum of discounted cash flows.
Present value can be calculated using a financial calculator
Cash flow in year 1 = 0
Cash flow in year 2 = $2500
Cash flow in year 3 = 0
Cash flow in year 4 = $2500
Cash flow in year 5 = 0
Cash flow in year 6 = $2500
Cash flow in year 7 = 0
Cash flow in year 8 = $2500
Cash flow in year 9 = 0
Cash flow in year 10 = $2500
Present value = $9416.75
To find the PV using a financial calacutor:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. After inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.
3. Press compute
The process of determining the location, size, and boundaries of a parcel of property is called <u>option A. survey</u>. It is the means by which boundaries are measured by calculating the dimensions and area to determine the exact location of a piece of land.
<h3>Why does one needs a survey?</h3>
Land surveys are ideal tools for determining property lines or boundaries and the location of a property's features. Without land surveys, there would be no means to determine where one piece of land ends and the other begins.
Therefore, the correct answer is as given above
learn more about survey: brainly.com/question/14610641
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The complete question goes thus:
The process by which a parcel of land is measured and its area ascertained is known as what?
a. Survey
b. Schedule
c. A Property Line
d. Plot Plan
Answer:
$12000000
Explanation:
Cost of Goods sold is the cost of the unit sold which is incurred to produce / purchase that products. It is calculated by multiplying the Units sold with production cost per unit.
Calculate the numbers of units sold
Cost of Goods Sold = numbers of Unit sold x Production cost per unit
Cost of Goods Sold = 400,000 x $30
Cost of Goods Sold = $12,000,000
