1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ronch [10]
3 years ago
14

gen-tech sells merchandise on account for $4,000 to acorn company with credit terms of 2/10, n/30. within the discount period, a

corn company returns $500 of damaged merchandise and a check for ________ to settle the account.
Business
1 answer:
pickupchik [31]3 years ago
5 0

Within the discount period, acorn company returns $500 of damaged merchandise and a check for $3,450 to settle the account

Using this formula

Check amount=(Merchandise sold- Merchandise return)-  [(Merchandise sold- Merchandise return)× Discount]

Where:

Merchandise sold=$4,000

Merchandise return=$500

Discount=2%

Let plug in the formula

Check amount=($4,000-$500)-[($4,000-$500)×2%]

Check amount=$3,500-($3,500×2%)

Check amount=$3,500-$70

Check amount=$3,430

Inconclusion within the discount period, acorn company returns $500 of damaged merchandise and a check for $3,450 to settle the account.

Learn more here:

brainly.com/question/19865607

You might be interested in
When a single broker represents both parties in a real estate transaction, a _______ agency may exist.
Nataliya [291]

Answer:

Dual

Explanation:

real estate transaction,which is used to convey ownership of a particular property to the buyer whereby there is a mutual agreement on some terms. The contract may be long it in shirt time.the end process is usually reffered to as “closing,” and this is a term that explains that both parties need to fulfill all terms and conditions that is associated with the exchange.

It should be noted that When a single broker represents both parties in a real estate transaction, a dual agency may exist.

7 0
2 years ago
Fill the blank ("__")
klemol [59]

The free market economy is the one where the buyers & sellers should freely select to buy or make.

The following information related to the free market economy is:

  • It should depend upon the supply & demand having no government interference.
  • In this, the buyers & sellers have the right to select for making or buying whatever they want.

Therefore we can conclude that the free market economy is the one where the buyers & sellers should freely select to buy or make.

Learn more about the economy here: brainly.com/question/11905095

3 0
2 years ago
What is the key idea in the aggregate expenditure macroeconomic​ model? The key idea in the aggregate expenditure model is that
guajiro [1.7K]

Answer:

A) in any particular​ year, the level of GDP is determined mainly by the level of aggregate expenditure.

Explanation:

The formula for calculating the aggregate expenditure (AE) of an economy is the same used to calculate the gross domestic product:

Aggregate expenditures = consumption + investment + government + net exports (exports - imports)

The main difference between the GDP ans AE is that AE measures the planned consumption, the planned investment, the planned government expenses and the planned net exports.

he equation is: AE = C + I + G + NX. The aggregate expenditure determines the total amount that firms and households plan to spend on goods and services at each level of income.

6 0
3 years ago
HELP PLS
Margaret [11]

Answer:

$23

Explanation:

8 0
3 years ago
Any point inside a production possibilities curve is:_____.
Anika [276]

Answer:

c

Explanation:

4 0
2 years ago
Other questions:
  • On January 1, 2021, D Corp. granted an employee an option to purchase 6,000 shares of D's $5 par common stock at $20 per share.
    7·1 answer
  • Flare, an electronics company, created a low-cost, handheld washer that could run on solar-powered battery. The product was also
    11·1 answer
  • Gina and Bill are managers for two separate projects; both freely express their anger at work. Compared to Bill, Gina is more li
    5·1 answer
  • A person is mad at their roommate so out of spite they decide to intercept a credit card offer in the mail, and fill it out in t
    11·1 answer
  • At the Sol Wave House hotel, located on the beautiful island of Majorca, Spain, a Twitter concierge stays in constant contact wi
    13·1 answer
  • What is the ultimate purpose of the system of checks and balances?
    13·1 answer
  • Tara Westmont, the stockholder of Tiptoe Shoes, Inc., had annual revenues of $185,000, expenses of $103,700, The company paid $1
    5·1 answer
  • What boy do you simp for in Harry Potter?
    15·2 answers
  • Total assets were $78,000 and total liabilities were $42,000 at the beginning of the year. Net income for the year was $15,500,
    10·1 answer
  • you have calculated the pro forma net income for a new project to be 45,930. the incremental taxes are 22,260 and incremental de
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!