Answer:$5400
Explanation:
In sales merchandise a seller can give a trade or a cash discount. A trade discount is giving based on the volume of sales, while a cash discount is giving to encourage prompt cash payment and it will be accorded the buyer once the conditions of payment is met.
The above scenario is a cash discount which means 2% cash discount will be giving if payment is made whithin 10 days and it should be made within 30 days. The amount of cash discount is there after deducted from the income statement as an expenses, though for the trade discount this is deducted directly to the sales journal.
Swift only return goods of $5400 and this is the amount to be recognized as purchase return.
In a DBR system, the mechanism that controls the speed at which the bottleneck dictates the throughput of the entire plant is called the rope.
the DBR system also referred to as the Drum- Buffer -Rope is the theory of constraints organizing process mainly focused on increasing flow by leveraging and identifying the system constraints.It was used in Dr. Goldratt's The Goal to narrate a story of a plant manager. Here the drum is that the constraint, and therefore the capacity constrained resource, which limits the output, whereas the buffer out here is that the measure in time, is that the measure for the amount of work done in time, where the quantity of work is controlled by the rope. The Rope is that the way we control the release of the work , if the constraints set the pace, the drum beat for the full operation, after whihc the work is released at the speed so the constraints can consume it, which in simple words are often said the Rope buffers drum.
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Recreational boaters travelling on such water should give a wide berth and keep away from the water areas where the hunters are carrying out their activities; the boaters should be safety conscious and alert. This is necessary in order to avoid accident.
Answer: $15,909.09
Explanation:
Nominal GDP is the value of goods and services that is calculated on the basis of current year prices whereas Real GDP is the value of goods and services that is determined on the basis of Base year prices. If we are using the identical price for both the years for calculating GDP then we can see the increment in the current year GDP from the last year. This means that the quantity of goods produced in the current year is larger than the last year. That's why it is important to use Real GDP rather than Nominal GDP.
Given that,
Nominal GDP (millions of dollars) = $14000
Price level (GDP deflator) = 88
Real GDP = 159.09 × 100
= $15,909.09
Hence, Real GDP = $15,909.09.
Therefore, Real GDP is greater than Nominal GDP hence we can say that the amount of good produced is worth more than $14,000.
The art and science of selecting target markets and acquiring, retaining, and attracting customers through the creation, provision, and dissemination of greater customer value is referred to as marketing management.
Market opportunity identification is done by marketing management, which then develops suitable strategies for profitably pursuing those opportunities. It must put a marketing strategy into place and continually assess the efficiency of the marketing mix. It needs to fix the issues with how marketing plans, policies, and procedures are really carried out. It takes care of the company's marketing system. Marketing management streamlines the transfer of ownership of goods and services from seller to buyer. Like all other disciplines of management, marketing management entails the duties of planning, organizing, directing, coordinating, and managing.
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