Answer:
23.68%
Explanation:
The computation of the cost of not taking a cash discount is shown below:-
Cost of not taking a cash discount = [Discount percentage ÷ (100% - Disc.%)] × (360 ÷ (Final due date - Discount period))
= (2% ÷ 98%) × (360 ÷ (50 - 19))
= 2.04% × 11.61
= 23.68%
Therefore for computing the cost of not taking a cash discount we simply applied the above formula.
Answer:
C. The government guarantees that potato farmers will receive at least $50 a ton.
Explanation:
Price floor is implemented by the government or a group where price control is imposed or limit is placed on how low a price a product can be sold.
For price floor to be effective it must be higher than the equillibrum price.
Equillibrum price is the price at which quantity consumers are willing to pay for is equal to quantity suppliers re willing to sell.
Price floors are usually used to keep commodity prices from going too low.
So if the government guarantees farmers will receive at least $50 per ton of potato, they are setting a price floor of $50.
Answer:
The correct answer is D. code of ethics.
Explanation:
A code of ethics serves to regulate the actions of a professional, to protect organizations and their members; In this way, the behavior standards of people within a company or organization are established. In this case, the domicile company requires a code of ethics so that the personnel do not disclose company information, honestly carry out the work, take responsibility for the obligations assigned to them during their professional activity.
Hello!
the full faith and credit clause explains the fact that states within the United States have to respect the public acts, records, and judicial proceedings of every other state.
for example, if someone has a driver's license in Vermont, it will be considered valid in new mexico.
or if someone were to get married in California, they would still be married if they move to Virginia.
I hope this helps, and have a nice day!
A compute the company’s net sales for the year