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Yuliya22 [10]
2 years ago
9

A credit sale of $750 is made on June 13, terms 2/10, net/30. A return of $50 is granted on June 16. The amount received as paym

ent in full on June 23 is: a) $650 b) $700 c) $685 d) $686.
Business
1 answer:
Igoryamba2 years ago
5 0

Answer:

D. $686

Explanation:

Given that

Credit sale = 750

Return = 50

Terms 2/10

Amount received in full therefore,

= [(750 - 50) - (750 - 50 {2%})]

= 700 - (700 × 0.02)

= 700 - 14

= $686

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If a firm sells a floor at 6% this will:
MA_775_DIABLO [31]

Answer:

E.pay the holder the LIBOR interest above 6%.

Explanation:

On the off chance that the firm is selling the asset(floor) at 6%, it implies that the benefit is in contract and thus when selling the floor the holder of the floor should make installment to the mortgagee at LIBOR+6%, after which the deal will be concluded.

Therefore, the answer will be pay the holder LIBOR interest above 6%

3 0
1 year ago
The cumulative number of jobs outsourced overseas by U.S.-based multinational companies in year t from 2005 (t = 0) through 2009
LuckyWell [14K]

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation  

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

6 0
1 year ago
The brand resonance model Select one: a. traces the value creation process for brands b. describes how to create intense, active
Vitek1552 [10]

Answer:

The answer is b) describe how to create intense and active loyalty relationships with customers.

Explanation:

The resonance model refers to the nature of the consumer's relationship with the brand, and the degree of synchronization that the consumer has with the brand. It is about answering questions that serve to define as a brand/company, questions that deepen issues of how the company is perceived by the target audience and will be the differential point that will generate the correlation of mutual interests with the brand and the consumer.

7 0
2 years ago
Stockbridge Industries has a total assets turnover ratio of 4.1x and net annual sales of $49.20 million. If stockbrige has $5 mi
irga5000 [103]

Answer:

Debt ratio = 0.4167 or 41.67%

Explanation:

The total assets turnover is the ratio that tells us the level of net sales generated on each $1 of invested total asset. Thus the formula for total assets turnover is,

Total assets turnover = Net Sales / Average total assets

Using the formula and the available values, we calculate the total assets to be,

4.1 = 49.20 / Average Total assets

Average total assets = 49.2 / 4.1

Average total assets = $12 million

The debt ratio calculates the value of debt as a percentage of total assets.

Debt ratio = Total debt / Total assets

Debt ratio = 5 / 12

Debt ratio = 0.4167 or 41.67%

3 0
1 year ago
The municipality of Smallville has arranged to borrow​ $30 million in order to implement several public projects​ (flood control
sergeinik [125]

Answer:

The correct response is "6.71 years".

Explanation:

The given values are:

Loan amount

= $30 Million

Loan payment per year

= $5 Million

Interest rate

R = 3%

Let,

The take number of years will be "n".

⇒  30=5\times (\frac{\frac{1-1}{(1+3 \ percent)^n}}{3 \ percent} )

⇒  30\times \frac{3 \ percent}{5}=(\frac{1-1}{1.03^n} )

⇒  .18=\frac{1-1}{1.03^n}

⇒  \frac{1}{1.03^n} =1-.18

⇒  1.03^n=\frac{1}{.82}=1.2195

On taking log both sides, we get

⇒  n=\frac{log (1.2195)}{log(1.03)}

⇒  n=6.71 \ years

8 0
1 year ago
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