Answer: See explanation
Explanation:
a. If Barans Company pays the invoice within the discount period, what is the amount of cash required for the payment?
The amount of cash required for the payment will be:
Purchases: = $12,900
Less: Returns = $2500
Less: Discount = ($12900 - $2500) × 1% = ($10400 × 1%) = $104
Cash required for payment = $10296
b. What account is credited by Barans Company to record the return?
Based on the information above, the merchandise inventory will be credited.
Answer:
<em>an option agreement.
</em>
Explanation:
The <em>option agreement</em> in the arena of financial derivatives <em>is a contract between two parties that gives one party the right, but not the obligation, to buy an asset from the other party or to sell an asset to the other</em>.
It outlines the agreed-upon price and the transaction's future date.
Answer:
variable costs.
variable costs.
fixed cost
variable costs.
fixed cost
Explanation:
Fixed costs are costs that do not vary with output. e,g, rent, mortgage payments
If production is zero or if production is a million, Mortgage payments do not change - it remains the same no matter the level of output.
Hourly wage costs and payments for production inputs are variable costs
Variable costs are costs that vary with production
If a producer decides not to produce any output, there would be no need to hire labour and thus no need to pay hourly wages.
If no pizzas are delivered, there would be no need for boxes. thus boxes of pizza is a variable cost
the salary of the programmer is not dependent on the level of output. thus it is a fixed cost
For a high-risk investment, managers require a high reward.
Answer:
21,000 units
Explanation:
The number of units expected to sold in May is the combination of expected sales volumes in Territory W,Territory X and Territory Y.
In other words,total sales volume is the addition of all segments' sales volume.
Territory W has expected sales of 6,000 units
Territory X has expected sales of 7,000 units
Territory Y has expected sales of 8 000 units
Total units expected to be sold=6,000+7,000+8,000
=21,000 units
The expected production could be computed as expected sales volume +desired ending inventory minus desired opening inventory
