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Lana71 [14]
1 year ago
14

Harry receives an invoice from one of its European suppliers for antiques. The amount of the invoice is $40,000 with terms of 3/

10, net/60. If the invoice is paid on day 20, Beard is entitled to a ____ cash discount and will write the check for ____.
A. $1,200; $1,200B. $1,200; $38,800C. $0; $40,000D. $0; $41,200E. $0; $1,200
Business
1 answer:
mezya [45]1 year ago
3 0

Answer: C - $0; $40,000

Explanation: From the above question, the phrase 3/10, net 60 means Henry is entitled to a 3% discount if payment is make on or before the 10th day while the net 60 means that the invoice is due in 60 days anytime after the 60th day, the invoice becomes overdue.

From the question, the invoice total is $40,000. since payment was made on the 20th day, it means Henry is not entitles to any discount and so has to pay the whole of $40,000 on the invoice.

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A business that consumes $3,000 of resources to make a product that is sold for $4,000 has earnings or ____ of $1,000. (Enter on
Vlada [557]

Answer:

Profit

Explanation:

The term profit is a term used to describe financial gain. The profit is the difference between the amount of money earned on a business transaction involving the sale of an item or service, to the amount spent to produce, to procure, or the put in a function condition.

In the question, the amount consumed or spent to make the product = $3,000

The amount for which the product was sold = $ 4,000

The profit = 4,000 - 3,000 = $1,000.

7 0
2 years ago
Complete a​ fish-bone chart detailing reasons why an airline customer might be dissatisfied. LOADING... Click the icon to view t
kvv77 [185]

Answer:

<em>B: Machineries </em>

Lighting is not running,there seems to be an issue with the mechanical equipment and the chairs are too tight so there's no leg room.

<em>C: Methods </em>

The lack of adequate preparation and methods or processes results in delay of flight and also poor communication is the problem due to the lack of optimized or structured process.

<em>D: Man Power </em>

Scarcity is the reason why not enough ticket agents to issue tickets and manage the queue and also not enough traffic police to regulate and track the process.

5 0
1 year ago
Cosmetic Profits. Sally is the executive vice president of Big Name Cosmetics Company. Through important and material, nonpublic
larisa86 [58]

Answer:

Insider Trading

Explanation:

Insider trading is an illegal act which is performed by an individual on the bases of confidential information. Any information which is not for public use and is used for personal benefit is an offense which is committed by Sally.

She leaked the information to Alice who further used that information to her own personal benefit which is straight off an illegal act falling in the category of insider trading.

3 0
1 year ago
The Inferior Goods Co. stock is expected to earn 13% in a recession, 7% in a normal economy, and lose 6% in a booming economy. T
Natalka [10]

Answer:

Ans. The expected rate of return on the Inferior Goods Co. stock is 5.90%

Explanation:

Hi, you just have to multiply the expected earnings by the probability of occurance of a certain event and then add up all the products. Here is the information all organized to be processed.

Item                  Prob Earn

Booming           20% -6%

Normal           55% 7%

Recession   25% 13%

Ok, now let´s calculate the expected rate of return.

ExpectedReturn=(0.2*(-0.06))+(0.55*0.07)+(0.25*0.13)

ExpectedReturn=-0.012+0.039+0.033=0.059

So the expected rate of return of the stock is 5.90%

Best of luck.

8 0
2 years ago
Consider an employment experience of your own or of someone you have observed closely (e.g., a family member).
damaskus [11]

Answer and Explanation:

From my own involvement with my expert life says it is essential to have an organized association culture in an association. The organization which I am working for is GE Healthcare. The organization is from GE substance and having over 100 years in the field of business. The organization gives astounding working condition to their representatives and they make progress toward greatness in all the activities and items they deliver to the clients. A portion of the qualities are being moral to clients, fair in work and satisfaction towards all commitment, time the executives critically and giving quality expectations.. The organization is exceptionally specific about good side of representatives in their expert field. They never permit interior governmental issues, campaigning, favoritism and so on and remunerating sort of exercises are strictly disallowed through organization standards. The organization favors social decent variety and ladies strengthening. Their contracting procedure follow the standards of filling the seats with min 33% of proficient ladies up-and-comers and they have worldwide procuring framework. They don't separate or abuse dependent on ethnicity and advance solidarity and social combination. They direct group building exercise, appropriate social preparing and improvement, correspondence and relational expertise advancement to make their representatives a superior individual not only a superior professional.

5 0
2 years ago
Read 2 more answers
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