Answer:
$12,285
Explanation:
Term 1/10, means if the buyer pays the seller within 10 days, the buyer will receive 1% sales discount. However, n/eom means the payment must be paid within a certain number of days of the month according to the agreement.
Accounting explanation:
Here, Merchandise price = $12,000
Sales return = $500
Total Sales = $11,500
Since the invoice is paid within the discount period, and the discount is 1%
Sales Discount = $11,500 x 0.01 = $115
Net Sales = $(11,500 - 115) = $11,385
FOB shipping point means buyer has to pay the freight cost. Therefore,
Total amount of cash to be paid by the customer (or, to be received by the seller) = $11,385 + $900 = $12,285
Answer: (D) All of the above
Explanation:
According to the given question, the household consider the each member's desire, abilities and the efforts for allocating the scare resources among to the various types of members.
The allocation of the resources to each member is the process of distributing the resources according to the members needs or their specific requirement. The process of resources allocation is managing the assets by using the strategic in an organization.
Therefore, Option (D) is correct.
Answer:
The correct answer is True
Explanation:
For the economy, an incentive is a stimulus that is offered to a person, a company or a sector with the objective of increasing production and improving performance. For example: a worker is offered an incentive of $200 a month if he can reach a certain sales quota. An incentive for a company could be the tax cut in case you hire new workers.
Human action is usually governed by incentives, many of which exist at the unconscious level. Each time a person performs a certain activity, he does so with an end that, in one way or another, will provide satisfaction. This end is the incentive that mobilizes the action.
Answer: Unit of account; Store of value; Medium of exchange.
Explanation:
Sam can easily know that the price of the computer system is more than the price of the vacation. This is a Unit of Account.
Unit of account is measuring of the value of a product against another in terms of a specific currency.
Sam has $1,537 in his checking account. This is a Store of value.
Store of value means an asset or money can be saved and retrieved at a later time, for future use.
Sam writes a check for $1,299 is a medium of exchange.
Medium of exchange is used to facilitate trade between parties. He exchanged money for the computer.
D.
stress can and will cause a crash of the work ethic.