Answer:
Etcetera Clothing collected $10,780
Explanation:
Etcetera Clothing sells merchandise inventory on terms of 2/10, n/30, which means that it will give a cash discount to a customer of 2% when the payment is made within 10 days and the whole settlement of account must be made in 30 days.
If the customer paid for the merchandise 5 days after receiving the invoice, the customer was granted the cash discount since the payment is still within the discount period.
The amount of cash discount is $11,000 × 2% = $220
Payment made to Etcetera Clothing will be $11,000 - $220 = $10,780
Answer:
warranty
Explanation:
A warranty is a guarantee from a seller to buyer promising to if necessary repair or replace the purchased item with a stated period.
Based on operational standards, before a significant risk medical mobile app (MMA) study can commence, the sponsor "<u>must have an approved IDE from FDA."</u>
<h3>What are IDE and FDA?</h3>
IDE is the acronym of Investigational Device Exemption. Approval of IDE validates the investigational device to be utilized in medical research to obtain safety and efficacy data.
Similarly, FDA is the acronym of Food and Drug Administration. The responsibility of the FDA is to ensure there is safety and security of human and veterinary commodities, including drugs, biological products, and medical devices, among others.
Hence, in this case, it is concluded that the correct answer is that the sponsor "<u>must have an approved IDE from FDA."</u>
Learn more about the FDA here: brainly.com/question/14164603
Answer:
$200,000
Explanation:
The value of the government obligation = $5,00,000, 8%, 20 years bonds payable at 103
Interest expenses = $5,000,000 * 8/100 * 6/12 = $200,000.
Thus, $200,000 will be reported as debt service expenses in the fiscal year 20X7.
Answer:
Compute the decrease in net income that the company should anticipate in the off season
Net income decrease in $2475
Explanation:
contribution margin=price-associate cost
55%=100%-45%
Revenue 4500 100%
Cost 2025 45%
Contribution margin 2475 55%
