it's half a year out of 5, so 1/10 of the useful lifetime of the van
$61,000 - $4,900 is $56.1000
one tenth of that will be what we are looking for, so option b. should be just right to fit here
Answer: $4,508
Explanation:
Companies usually give discounts with credit terms to encourage Receivables to pay faster.
In this scenario, credit terms of 2/10, n/30 were offered which means that if Carla Vista Company pays within 10 days they get a discount of 2% but if they don't they should pay the full amount in 30 days.
They paid within the discount period meaning that they qualify for the discount of 2% but they however returned goods worth $1800.
So calculating for that would be,
= (6,400 - 1800) (1 - 0.02)
= $4,508
The amount of the check is $4,508
The definition that is not correct is that Leverage: using other people's money.
<h3>What is leverage?</h3>
When it comes to property, using leverage means borrowing money from a bank or financial institution.
Leverage is therefore not a simple matter of using other people's money, but rather using complex loan instruments from institutions.
Find out more on property mortgage at brainly.com/question/22598793.
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Answer:
Reading the following sentence, and to identify any mistakes “<em>Proofreading is an important phase of the writing process. Careful proofreaders check for errors in spelling, grammar, punctuation, names, numbers, and formatting. When checking spelling, do not rely too heavily on your computer’s spell checker”</em>
This sentence is correct without any revisions.
The above section doesn't contain any spelling and comma mistakes. The spelling of the considerable number of words are right and utilization of comma accentuation is proper.
