The amount that Hudson will record in their Cash account if Guzman pays in full on May 20, 2022 is $6381.63.
Using this formula
Cash account =[(Merchandise on account - Merchandise sale price)× (1-Discount rate)]
Where:
Merchandise on account=$6,897
Merchandise sale price=$318
Discount rate=3%
Let plug in the formula
Cash account=[($6,897 - $318)×(1-0.03)]
Cash account=$6,579× 0.97
Cash account= $6.381.63
Inconclusion the amount that Hudson will record in their Cash account if Guzman pays in full on May 20, 2022 is $6381.63.
Learn more here:
brainly.com/question/17137724
James backed into a vehicle in the grocery store parking lot and caused $2000 in damages to his own car and $3000 in damages to the other vehicle.
During Forming stage of team development is there a high dependence on the leader for guidance and direction as there will be little agreement on team goals.
Because the forming stage involves a period of orientation and getting acquainted. Uncertainty is high during this stage, and people are looking for leadership and authority. High dependence on the leader for guidance and direction. Little agreement on team objectives other than those received from the leader. Individual roles and responsibilities are unclear.
Orientation is the act or process of orienting or the state of being oriented.
Leadership is the art of motivating a group of people to act toward achieving a common goal.
Responsibilities are the quality or state of being responsible.
To know more about the Orientation here
brainly.com/question/12049504
#SPJ4
The reliability rating of the cloud service is about <span>93.37%.</span>
The action that the retailer could take is that He or she can ask the supplier for an explanation for the price increases and then he can Keep raising retail price of the item(s) to compensate for the price increases from the supplier.
<h3>What brings an increase in gross profit margin?</h3>
A retailer can experience an increase in the sales volume and this is one that can lead to a reduction in the cost of goods sold based on the fixed manufacturing cost per unit is said to be smaller as production volume is getting bigger.
An increase in sales is known to be one that is followed by a decrease in cost of goods sold per unit that therefore leads to a higher gross profit margin.
Learn more about retailer from
brainly.com/question/25376778
