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1 year ago

A discount from the list, or retail, price offered to intermediaries is a(n) ____ discount.

Business

1 answer:

aleksandrvk [35]1 year ago

6 0

<span>A discount from the list, or retail, price offered to intermediaries is a trade discount.
</span>

A trade discount refers to the amount by which a manufacturer or producer decreases the retail price of a product when it sells to a re-seller, relatively to the end customer. It can also define as a reduction to the available price of a product.

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Bonnie and Clyde each own one-third of a fast-food restaurant, and their 13-year-old daughter owns the other shares. Both parent

yanalaym [24]

Answer:

Net income = $180,000

- salaries = ($30,000 + $35,000 + $10,000 = $75,000)

adjusted net income = $105,000

the adjusted net income must now be divided equally between the 3 partners:

Bonnie: $35,000
Clyde: $35,000
daughter: $35,000

Their yearly gross income:

Bonnie: $35,000 + $30,000 = $65,000
Clyde: $35,000 + $35,000 = $70,000
daughter: $35,000 + $10,000 = $45,000

total taxable income = $65,000 + $70,000 + $45,000 = $180,000

7 0

2 years ago

Please decide whether each of the follow scenarios related to the loanable funds market will result in a shift in supply or a sh

Sergeu [11.5K]

Answer:

1. When China decides to reduce its capital investment in the US, US's capital inflows, which are a source of loanable funds in the US, take a hit. This leads to a reduction in supply of loanable funds in the US, shifting the supply curve leftward.

2. When a ban is imposed on fast food restaurants, the amount loanable funds demanded by the fast food industry reduces, leading to a leftward shift m the demand curve of loanable funds.

3. When fast food restaurants are allowed to open franchised locations, the amount loanable funds demanded by the fast food industry increases, leading to a rightward shift m the demand curve of loanable funds.

4. When the US government reduces its deficit, it reduces its borrowings. A reduction in borrowing by the US government leads to a reduction in the demand for loanable funds, and therefore shifts the demand curve fur loanable funds leftward.

5. When individual start to spend more owing to the wealth effect, savings reduce, leading to a fall in the supply of loanable funds. Due to this, there occurs a leftward shift in the supply calve for loanable funds.

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2 years ago

Patterson Brothers recently reported an EBITDA of $16.5 million and net income of $2.6 million. It had $2.0 million of interest

maria [59]

Answer:

Depreciation and amortization = $10,500,000

Explanation:

EBT = Net Income / (1 - Tax rate)

EBT = 2,600,000 / (1 - 0.35)

EBT = $4,000,000

EBIT = EBT + Interest

EBIT = $4,000,000 + $2,000,000

EBIT = $6,000,000

EBIT = EBITDA - Depreciation and amortization

$16,500,000 = $6,000,000 - Depreciation and amortization

Depreciation and amortization = $16,500,000 - $6,000,000

Depreciation and amortization = $10,500,000

7 0

1 year ago

Which investor has made a short-term investment in this scenario? Thomas, Sofia and Aaron work together,and they've each recentl

avanturin [10]

Answer:

I think the correct answer is SOFIA

Explanation:

BECAUSE Thomas's and AARON'S investment is a long term investment

3 0

1 year ago

Holthausen Corporation issued $400,000 of 11%, 20-year bonds at 108 on January 1, 2013. Interest is payable semiannually on June

lora16 [44]

Answer:

Journal Entries

Explanation:

The journal entries are as follows

1. Cash $432,000

To Bonds payable $400,000

To Premium on bond payable $32,000

(Being the issuance of the bond is recorded)

The premium on bond payable is computed below:

= $400,000 ÷ $100 × $8

= $32,000

The $8 comes from $108 - $100

2. Bond payable $400,000

Premium on bond payable $27,809

To Cash $412,000 ($400,000 × 103%)

To Gain on bond redemption $15,809 ($432,000 - $4,191 - $412,000)

(Being the retirement of the bond is recorded)

3 0

2 years ago