All categories

3 years ago

Purchased goods on credit Rs. 2,000 from hari at 10% trade discount

Business

1 answer:

Umnica [9.8K]3 years ago

5 0

Answer:

SHE / HE HAS PURCHASED GOOD = 2000

CREDIT CARD

DISCOUNT = 10 %

$\frac{10}{100} \times 2000 \: = \frac{10 \times 20}{1} = 200$

DISCOUNT YOU GOT IS 200

You might be interested in

the spot price of the euro is currently $1.30. The 1-year futures price is $1.35. Is the interest rate higher in the United Stat

yarga [219]

Answer: no. Interest rate in euro zone is lower than interest rate in the united state

Explanation:

when interest rate rises, foreign investors will be attracted which will increase the demand for domestic currency. an increase is demand for domestic currency will increase the exchange rate level which is an appreciation of the home currency.

spot rate is $1.30 and future price is $1.35, the exchange rate increase which tells us that Home currency depreciated. A decrease in Interest rate increases Exchange rate level. Since exchange rate level is expected to increase we can assume that the interest rate of Euro zone is less than the interest rate of united states

8 0

4 years ago

Read 2 more answers

Supposed that you decide to borrow $40,000 for a new car you can select one of the following loans each requiring regular monthl

vaieri [72.5K]

I would select the 5 year plan on the loan

6 0

4 years ago

Titanic Corporation leased executive limousines under terms of $20,000 to be paid at the inception of the lease, and four equal

NeTakaya

Answer:

the interest expense for the first year is $10,238

Explanation:

The computation of the first year interest expense is shown below:

= Four equal annual payment × PVA factor of 4 years at 11% × interest rate implicit in the lease

= $30,000 ×3.10245 × 11%

= $10,238

Hence, the interest expense for the first year is $10,238

We simply applied the above formula so that the correct value could come

And, the same is to be considered

6 0

3 years ago

Lindsey Company uses activity-based costing. The company has two products: A and B. The annual production and sales of Product A

saul85 [17]

Answer:The activity-based costing cost per unit of Product A=$9.21

Explanation:

Product A Product B

Units Produced 8000 units 6000 units

Activity Cost Pool Total Cost Product A Product B Total Activity

Activity 1 $26,400 170 380 550

Activity 2 $54,365 950 360 1,310

Activity 3 $136,880 900 3,820 4,720

Activity−basedcost for Poduct A

Activity−basedcost for Activity1= total Cost/total no. of activityx activity for particular product which is product A

=26,400/550 x 170= 8160

Activity−basedcost for Activity2= total Cost/total no. of activityx activity for particular product which is product A

=54,365/1310 x 950=39,425

Activity−basedcost for Activity3= total Cost/total no. of activityx activity for particular product which is product A

=136,880/4720 x 900=26100

Total activity based cost for Product A = $8,160 + $39,425 +$26,100=$73,685

The activity-based costing cost per unit of Product A = Total activity based cost for Product A/ Units Produced for product A=$73,685/8000=$9.21

6 0

3 years ago

Mickey is a 12-year-old dialysis patient. Three times a week for the entire year he and his mother, Sue, drive 20 miles one way

gavmur [86]

Answer:

The right approach will be "$ 1123.2".

Explanation:

The number of miles to be used will be:

= $40 \ miles \ round \ trip\times 3 \ trips \ per \ week\times 52 weeks$

= $6240 \ miles$

Now,

The item deduction will be:

= $Number \ of \ used \ miles\times 18 \ cents \ per \ mile$

= $6240\times 1123.2$

= $1123.2$ ($)

4 0

3 years ago

Purchased goods on credit Rs. 2,000 from hari at 10% trade discount​

Purchased goods on credit Rs. 2,000 from hari at 10% trade discount