Based on the fact that Marigold Company returned some merchandise and paid within the discount period, the check amount would be <u>$1,960.</u>
<h3>What would be the check amount?</h3>
The credit terms 2/9, n/30 mean that if Marigold Company pays their balance in 9 days, they get a 2% discount.
The amount they will pay for settling their debt in that time is therefore:
= (Amount - Returns ) x ( 1 - discount)
= (2,100 - 100) x ( 1 - 2%)
= $1,960
Find out more on discount periods at brainly.com/question/2192821.
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Answer:
A business can improve its average contribution ratio and its overall profitability, by shifting its sales mix to include more products with high contribution margin ratios.
In this case American steel company shift in product mix is due to a higher proportion of export sales. This shift caused to decline net income of the company. This is because the contribution margin ratio on export sales may lower than the other product mix. So, the shift of product mix to low contribution sales will cause to decline the net income.
Answer:
for (i = 0; datasamples[i] < NUM_POINTS ; ++i) {
if(datasamples[i] < minVal) {
datasamples[i] = datasamples[i] * 2;
}
}
Explanation:
In this particular problem, we are trying to look at each value in the datasamples array, and double it. This calls for the use of an index variable.
The index variable will keep track of the position within the array as we move from left to right. Starting on the left, at index 0, we will move right until we are at the end of the array.
++i takes care of incrementing the index variable each time the loop runs. This is what moves through the array.
The termination condition checks whether if we have iterates all values in the array. Once you've gone past all the values in the array the index variable is pointing all the way at the end.
As soon as the termination condition is false the loop will stop executing. So we will want to run your code while i (the index variable) is less than the size of the array (datasamples.length).
Once you've figured out the for loop bounds, simply check your conditional with an if-then statement before updating the values:
Answer:
Explanation:
The computation of the amount that is reported as a total current assets is presented below:
Clear Co's
Current assets
Cash $40,000 ($50,000 - $10,000)
Accounts Receivable $20,000
less-Allowance for doubtful debts - $5,000
Deposits from customers $3,000
Merchandise Inventory $7,000
Unearned rent $1,000
Investment in trading debt securities $2,000
Total amount $68,000
