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Ede4ka [16]
3 years ago
15

A company purchased $4,600 worth of merchandise. Transportation costs were an additional $405. The company returned $315 worth o

f merchandise and then paid the invoice within the 1% cash discount period. The total cost of this merchandise is:
Business
1 answer:
USPshnik [31]3 years ago
6 0

Answer:

The total cost of the merchanise is $5900

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Scott is a manager at a large electronics company. His primary role within the organization is to plan for the "people needs" of
Alla [95]

Answer: Human resource

Explanation:

Human resources management consist of the employees that are responsible for the recruitment, screening, conducting interviews and placing workers in an organization.

Human resources also handle employee relations, benefits, payroll, and training. It is the role of the human resources department to plan, coordinate and direct the administrative functions of a company. With the example mentioned in the question, Scott is involved in human resource management.

7 0
3 years ago
4. Suppose you hold a PUT option on Israeli shekels with a strike price of 3.4207s/$. If the spot rate on the final day of the o
Anon25 [30]

Answer:

Profit $3,567

I would exercise my option by buying the shares before the expiration .

Explanation:

Calculation of how much profit would you make trading $1,000,000

First step is to multiply the spot rate on the final day by the trading amount

3.4329s*$1,000,000

=$3,432,900

Second step is to divide the spot rate option by the strike price

3,432,900/3.4207

=$1,003,567

Last Step is to find the profit

Profit =$1,003,567-$1,000,000

Profit=$3,567

Therefore the amount of PROFIT you would make trading $1,000,000 will be $3,567

Based on the above calculation I would exercise my option by buying the shares before the expiration .

8 0
3 years ago
How are random events taken into consideration during both hindsight bias and overconfidence?
Orlov [11]
The hindsight bias and overconfidence, plus our eagerness to perceive patterns in random events, can cause tendencies that may lead us to overestimate our intuition. Intuition and intellect are not always accurate, therefore these factors are not trustworthy compared to scientific facts or scientific inquiry which can help us overcome our intuition’s biases and shortcomings.
6 0
4 years ago
Oaktree Company purchased new equipment and made the following expenditures: Purchase price $ 45,000 Sales tax 2,200 Freight cha
olganol [36]

Answer and Explanation:

The journal entries are shown below:

1. Equipment($45,000 + $2,200 + $700 + $1,000) $48,900  

                 To Accounts payable  $47,200    ($45,000 + $2,200)

                 To Cash  $1,700

(Being the equipment is purchased on cash and credit)

Since the equipment is purchased so it would be debited and the other two accounts i.e account payable and the cash is credited

2.Prepaid insurance $900  

              To Cash  $900

(Being the payment is recorded)

Since there is a prepaid insurance and the same is increased in assets so it would be debited and the cash is paid so it would be credited

3 0
3 years ago
The Fair Credit Reporting Act, or Title VI of the Consumer Credit Protection Act of 1968, requires that lenders do all of the fo
antiseptic1488 [7]

Answer:

Give consumers copies of their credit reports.

Explanation:

In Business, credit can be defined as money or a loan facility agreed upon by a lender and a borrower, who is obligated to repay the lender at a specified date mostly with interest depending on the terms and conditions.

The Fair Credit Reporting Act, or Title VI of the Consumer Credit Protection Act of 1968 is a federal law of the United States of America that was enacted by the 91st US Congress and signed into law by President Richard Nixon on the 26th of October, 1970.

The main purpose of this federal law is to protect consumer reports and information by promoting accuracy, fairness, and privacy collected by consumer reporting agencies.

However, the Fair Credit Reporting Act, or Title VI of the Consumer Credit Protection Act of 1968, do not require that lenders give consumers copies of their credit reports.

7 0
3 years ago
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