Answer:
The amount of discount that will be taken is $300.4
Explanation:
The amount of discount that will be taken will be on the value of accounts payable that is eligible for pay after adjustments.
The accounts receivable balance after adjusting for purchases returns and defective goods is:
Accounts receivables eligible for payment = 18000 - 2800 - 180 = $15020
The accounts payable amount that is eligible for discount is:
Discount received = 15020 * 0.02 = $300.4
<u>Answer:</u>
<em>True.
</em>
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<u>Explanation:</u>
The nominal GDP is the estimation of all the last products and enterprises that an economy created during a given year. It is arrived by utilizing the costs that are at present in the year in which the yield is delivered. In financial matters, an ostensible worth is communicated in money-related terms. For instance, a notable quality can change because of movements in amount and cost.
The real GDP is the all-out estimation of the entirety of the last products and ventures that an economy produces during a given year, representing inflation.
Answer: 258 million
Explanation:
The labor force refers to the number of people who are employed and the unemployed who are also looking for work.
Let the labor force be represented by x. Based on the question given, we can form an equation which will be:
5.8% of x = 15 million
0.058x = 15 million
x = 15million / 0.058
x = 258 million
Therefore, the labor force is approximately 258 million.
Answer:
Monitor role
Explanation:
According to Henry Mintzberg, in monitor role , a manager regularly seek out information related to his organization and industry, looking for relevant changes in the environment. He also monitors his team, in terms of both their productivity, and their well-being.
Answer:
a. 19.750 b. 138.250
Explanation:
A. We divide 158.000 by 8 to get the amount per year
158.000/8= 19.750
- Amortization expense (Db) 19.750
- Accumulated amortization (Cr) 19.750
B. On the balance sheet at the end of the first year, we would subtract those 19.750 to the gross value of the patent and the value of the patent would be
158.000 - 19.750 = 138.250
<u><em>Net carrying amount of the patent:</em></u><em> 138.250</em>