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Wewaii [24]
3 years ago
5

Barans Company purchased merchandise on account from a supplier for $12,900, terms 1/10, n/30. Barans Company returned $2,500 of

the merchandise and received full credit. a. If Barans Company pays the invoice within the discount period, what is the amount of cash required for the payment? $fill in the blank 1 b. What account is credited by Barans Company to record the return?
Business
1 answer:
11Alexandr11 [23.1K]3 years ago
3 0

Answer: See explanation

Explanation:

a. If Barans Company pays the invoice within the discount period, what is the amount of cash required for the payment?

The amount of cash required for the payment will be:

Purchases: = $12,900

Less: Returns = $2500

Less: Discount = ($12900 - $2500) × 1% = ($10400 × 1%) = $104

Cash required for payment = $10296

b. What account is credited by Barans Company to record the return?

Based on the information above, the merchandise inventory will be credited.

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mcgraw hill Question Mode Multiple Choice Question Upper-echelons theory views organizational outcomes as a reflection of the va
maks197457 [2]

Answer:

<em>Upper-echelons theory views organizational outcomes as a reflection of the values of the </em><em><u>top </u></em><em><u>management</u></em><em><u> </u></em><em><u>team</u></em>

Explanation:

<em>What</em><em> </em><em>is </em><em>top </em><em>management</em><em> </em><em>team?</em>

<em>T</em><em>he </em><em>top </em><em>management</em><em> </em><em>team </em><em>is </em><em>a </em><em>composed</em><em> </em><em>of </em><em>the </em><em>key </em><em>manager</em><em> </em><em>in </em><em>the </em><em>organization</em><em> </em><em>who </em><em>are </em><em>responsible</em><em> </em><em>for </em><em>selecting </em><em>and </em><em>implementing </em><em>the </em><em>firm's </em><em>strategy</em><em>.</em><em> </em>

7 0
2 years ago
Tomasini Corporation has provided the following data from its activity-based costing accounting system:
Gelneren [198K]

Answer:

d. $192,000

Explanation:

The computation of the supervisory wages and factory supplies not be assigned is shown below:

= Supervisory wages × other percentage + factory supplies × other wages

= $780,000 × 10% + $380,000 × 30%

= $78,000 + $114,000

= $192,000

Hence, the correct option is d. $192,000

All other information i.e given in the question is not relevant Hence, ignored it

4 0
3 years ago
Identify and discuss the “needs” of a society.
sweet [91]

A traditional list of immediate "basic needs" is food (including water), shelter and clothing. Many modern lists emphasize the minimum level of consumption of 'basic needs' of not just food, water, clothing and shelter, but also sanitation, education, and healthcare.

7 0
3 years ago
Wildhorse Co. wrote checks totaling $41500 during October and $45321 during November. $39460 of these checks cleared the bank in
Natalka [10]

Answer: $3,086

Explanation:

Wrote checks totaling $41,500 in

October less $39,460 of these checks cleared in October

Wrote checks totaling $45,321 in November less $44,275 cleared the bank in November

Balance of uncleared checks

In October is $41,500 - $39,460 = $2,040

In November is $45,321 - $44,275 = $1,046

Total outstanding checks on 30 Nov is $2,040+$1,046 = $3,086

8 0
3 years ago
Following is information on two alternative investments being considered by Jolee Company. The company requires a 10% return fro
lutik1710 [3]

Answer:

A. NPV for A= $61,658.06

NPV  for B = $25,006.15

B.  1.36

1.17

Project A

Explanation:

Net present value is the present value of after tax cash flows from an investment less the amount invested.

NPV can be calcuated using a financial calculator

for project A :

Cash flow in

Year 0 = $(172,325)

Year 1 41,000

Year 2 47,000

Year 3 85,295

Year 4 86,400

Year 5 56,000

I = 10%

NPV = $61,658.06

for project B

year 0 = $ (145,960)

Cash flow in

Year 1  27,000

Year 2  52,000

Year 3 50,000  

Year 4 71,000

Year 5  28,000

I = 10%

NPV = $25,006.15

profitability index = 1 + NPV / Initial investment

for project A, PI = $61,658.06 / 172,325 = 1.36

For project B, PI = $25,006.15 / 145,960 = 1.17

The project with the greater NPV and PI should be chosen. this is project A.

To find the NPV using a financial calculator:

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  

3 0
2 years ago
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