Answer:
C. 3/12, n/45
Explanation:
These payment terms would be expressed as : 3/12, n/45.
This is because :
- 3/12 means 3 % discount is granted if payment is made within 12 days.
- n/45 means supplier allows customer to pay within 45 days in total.
Answer:
d. because prices usually change, and tracking which units have been sold is difficult
Explanation:
Cost flow assumptions is necessary because there is constant change of cost which is the experience of companies, also due to inflation. If there is a stable cost, cost flow would be inconsequential
Since Jenipher lacked credit information it would’ve been difficult to get a traditional loan she could’ve got a microloan but it would require her to form a group that could help vouch her credibility
Answer:
For a company using target costing, market price minus profit equals target cost and not target price.
The correct answer is False
Explanation:
Target cost is the excess of market price over target profit margin. In target costing, the company does not fix the selling price because selling price is determined by the market.
Answer:
1) the broker has violated his agency relationship with the seller.
Explanation:
The broker has a fiduciary duty with his/her client and that includes acting on behalf of the principal's best interests which requires the broker to try to obtain the highest selling price for the property. In this case, the broker colluded with the buyer in order to obtain a lower selling price.