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trapecia [35]
2 years ago
12

Ziff Corp. has a very attractive credit policy, and none of its customers pays in cash when the firm makes a sale. Ziff Corp. se

lls to its customers on credit terms of 1/10, net 30. If a customer bought $150,000 worth of goods and paid the firm cash eight days after the sale, how much cash would Ziff Corp. get from the customer? (Note: Round your answer to the nearest whole dollar.) $138,750 $157,500 $148,500 $123,750
Business
1 answer:
posledela2 years ago
8 0

Answer:

$148,500

Explanation:

Data given

Sales = $150,000

Rate of discount = 10

The computation of Ziff Corp. cash received from customer is shown below:-

Total collection = Sale × (1 - Rate of discount)

= $150,000 × (1 - 0.01)

= $150,000 × 0.99

= $148,500

Therefore for computing the total collection we simply applied the above formula.

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Lori has already decided she wants to sell beauty products and market them to small beauty salons. She now needs to decide how she wants to price her product so that the beauty salons will buy it. Option B. decide how to price her product is the next step that Lori should take. After she decided the price, she will have the what, where and how much and then she can move on to how she will advertise her product to the small beauty stores.

5 0
2 years ago
Read 2 more answers
Marcus, feeling stressed out from work, decided to search for a meditation app for his phone that would help him relax during th
sweet-ann [11.9K]

Answer: a. It merely conducted some activity outside of Alaska and that activity took place through a website.

Explanation:

CalmDown can use the defence that all it did was to conduct an activity through it's website and this happened to be outside Alaska.

As such the company is still bound by the state that it is registered in which in this case would seem to be in Alaska. They are not to be bound by the laws of another jurisdiction from the one they are registered to if the activity was done on the internet.

Marcus should therefore try to bring action against them in Alaska if he can.

7 0
2 years ago
Initial Outlay -$5,000 Year 1 $3,000 Year 2 $3,500 Year 3 $3,200 Year 4 $2,800 Year 5 $2,500. a. What is the PI if the discount
kkurt [141]

Answer:

a. What is the PI if the discount rate is 20%?

profitability index = present value of cash flows / initial outlay

PI = $9,137.41 / $5,000 = 1.83

b. What is the NPV if the discount rate is 20%?

NPV = -$5,000 + $9,137.41 = $4,137.41

c. What is the IRR if the discount rate is 20%?

the discount rate is irrelevant when you are calculating the IRR, since the IRR is the discussion rte at which the NPV = $0

IRR = 55.23%

Explanation:

Initial Outlay -$5,000

Year 1 $3,000

Year 2 $3,500

Year 3 $3,200

Year 4 $2,800

Year 5 $2,500.

7 0
2 years ago
Calculate the product of savings and growth_multiplier. Store the result in year1. What do you think the resulting type will be?
alexandr1967 [171]

<u>Explanation:</u>

<u></u>

growth_multiplier  is 1.1

savings = 100

desc = "compound interest "

# Place product of growth_multiplier and savings  to year 1

Year 1 =  growth_multiplier* savings  

# Print  

print(type(year1))

Now,

# Place addition of desc & desc  

doubledesc  will be  desc + desc

# Print doubledesc

print(doubledesc)

<u></u>

8 0
2 years ago
Job shops tend to be __________ while continuous processes tend to be __________. Small-scale and flexible; Large-scale and infl
Blizzard [7]

Answer:

Small-scale and flexible; Large-scale and inflexible.

Explanation:

Job shops tend to be <u>small scale and flexible</u> while continuous processes tend to be <u>large scale and inflexible</u>.

Job Shop: It is defined as small manufacturing units that produce a specific and customized product in small batches. Most of the products produced in this process have a unique set up. The estimation of costs is generally most difficult when the Job shop process has been chosen.

Continous processes: It is a streamlined process that has a production flow of products from one step to another without any interruption. A larger quantity is produced at one time, not in batches. It requires sophisticated control system.

7 0
2 years ago
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