the cost of giving up a cash discount on a credit purchase is . group of answer choices added on to the price of the goods in order to make payment quickly deducted from the price of the goods in order to make payment quickly the implied interest rate paid in order to delay payment for an additional number of days the true purchase price of the goods
Answers
The cost of giving up a cash discount on a credit purchase is the true purchase price of the goods.
The cost occurs because you choose not to take advantage of the cash discount and pay the full price of the goods, essentially paying extra for the opportunity to delay your payment.
This is because the cash discount is deducted from the price of the goods in order to incentivize quick payment. By choosing to delay payment and not taking advantage of the cash discount, the buyer is essentially paying the full price of the goods. This results in a higher true purchase price, as opposed to the discounted price that would have been obtained by making the payment quickly.
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Related Questions
If income is 4,800, consumption is 3,500, government purchases is 1,000, and taxes minus transfers are 800, public saving is:
-200.
Answers
Public saving is the difference between government revenue (taxes minus transfers) and government spending (government purchases).
Given:
Income = $4,800
Consumption = $3,500
Government purchases = $1,000
Taxes minus transfers = $800
To calculate public saving, we first need to find government revenue.
Government revenue = Taxes - Transfers = $800
Next, we can calculate government spending:
Government spending = Government purchases = $1,000
Finally, we can calculate public saving:
Public saving = Government revenue - Government spending
Public saving = $800 - $1,000
Public saving = -$200
Therefore, public saving is negative $200, indicating that the government is spending more than it is taking in, resulting in a deficit.
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Randy owns and rents a residential duplex that he purchased 17 years ago in the month of May. The purchase price was $250,000. During August of the current year, Randy sold the duplex. What is the amount of depreciation that can be deducted in the current year (rounded to the nearest dollar)?
a) $6,410
b) $5,681
c) $9,090
d) $6,439
e) $4,006
Answers
Answer:
$5,681
Explanation:
As this is a residential property the Modified Accelerated Cost Recovery System (MACRS) depreciation rate is applicable.
Also as it was sold during the month, the mid month convention is also in effect which states that when an asset is sold during the month, only 15 days of that month are considered for depreciation assuming a 30 day month.
The straight line rate for MACRS after the first year for this residential property is 3.636% per annum.
The asset didn't last the entire year so this needs to be accounted for.
Out of 12 months it lasted 7 months till July and 15 days in August which means it lasted 7.5/12 of the year.
Depreciation for the year is, therefore,
= 250,000 * 3.636% * 7.5/12
= $5,681
Aaron is a high school graduate working as a retail clerk. He earns a median salary for a high school graduate. Aaron is thinking about going to college to get an associate's degree. If he completes his degree in 2 years and college costs total $30,000, how long will it take aaron to recover his investment, assuming that he earns the median salary and continues to work full time while he is attending school? a. About 2. 5 years b. About 5. 5 years c. About 8. 5 years d. About 11. 5 years please select the best answer from the choices provided a b c d.
Answers
If Aaron works two years, which equals 2*12=24 monts, he will have 24*2672$=64128$.
What do you mean via investment?An funding is an asset or item acquired with the aim of generating profits or appreciation. Appreciation refers to an increase in the cost of an asset over time. When an person purchases a exact as an investment, the intent is not to eat the good however as a substitute to use it in the future to create wealth.
There are four main funding types, or asset classes, that you can pick from, every with awesome characteristics, dangers and benefits.
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3. Cash Flow
Daughter Ltd
From the following information relating to McMorrow & Daughter Ltd, prepare
a cash flow statement for the four months January to April. Opening cash on 1
January is €3,700. X
Estimated income
• Sales: January €12,800; February €14,100; March €13,900; April €18,750
. Government grant: February €3,000
Estimated expenditure
• Purchase of materials: January €12,000; February €14,000; March €11,300;
April €14,300
Rent and rates: €1,600 per month
• Wages: €1,500 per month
• Telephone: February €300; April €450
61.000 in March answer pls
Answers
The net cash inflow for the period was €12,100 and closing cash balance at the end of April was €15,800.
What is a cash balance?A cash balance refers to the amount of money that a person, organization, or entity has in their possession or available to them at a given time. This can include physical currency, such as bills and coins, as well as digital forms of payment, such as bank account balances or cryptocurrency holdings. Cash balances are important for financial planning and management, as they can be used to cover expenses, pay debts, invest in assets, or save for future goals. It is important to monitor cash balances regularly to ensure that there is enough liquidity to meet financial obligations and take advantage of investment opportunities. Balancing cash inflows and outflows is essential for maintaining financial stability and achieving long-term financial success.
Net Cash Inflow: €12,100
Closing Cash: €15,800
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Which type of market is the one in which a person buys stock in the fast-food company that makes their favorite breakfast sandwich?
Product market
Factor market
Financial market
Closed market
Answers
The type of market is the one in which a person buys stock in the fast-food company is Financial market. Thus 3rd option is correct.
What is Financial Market?Any location or system that gives buyers and sellers the ability to trade financial assets, such as bonds, shares, the various international currencies, and derivatives, is referred to as a financial market.
The connection between people with capital to invest and those who need capital is facilitated by financial markets.
The kind of market where a consumer purchases shares of the fast-food chain that sells their preferred breakfast sandwich is referred as financial market.
Thus 3rd option is correct.
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Answer: Financial market
Explanation: stocks
Evergreen Company has two investment opportunities. Both investments cost $5,000 and will provide the same total future cash inflows. The cash receipt schedule for each investment is given below: Investment I Investment II Period 1 $ 1,000 $ 3,000 Period 2 1,000 2,000 Period 3 2,000 2,000 Period 4 4,000 1,000 Total $ 8,000 $ 8,000 Select the correct statement.
Answers
Evergreen Company should choose investment 2 because it generates more immediate cash inflows.
What is an investment ?A purchase made with the intention of creating income or capital growth is known as an investment. An asset's value increasing over time is referred to as appreciation. When a person invests in a good, they do not intend to utilize it as a source of immediate consumption, but rather as a tool for future wealth creation.
Money coming into a business is known as cash inflow, and it may come through sales, investments, or financing. The opposite of a cash outflow is a cash inflow, which is money entering a business.
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The balance on a credit card, that charges a 20%
APR interest rate, over a 1 month period is given in
the following table:
Days 1-5: $200 (initial balance)
Days 6-20: $350 ($150 purchase)
Days 21-30: $150 ($200 payment)
What is the finance charge, on the average daily
balance, for this card over this 1 month period?
finance charge = $ [?]
Round to the nearest hundredth.
Enter
Answers
The balance on a credit card, that charges a 20% APR interest rate, the Finance charge is given as
$4.3055
This is further explained below.
What is the APR interest rate?Generally, The interest rate that is applied to a loan, mortgage loan, credit card, etc. is referred to as an annual percentage rate of charge, which sometimes corresponds to a nominal APR and sometimes corresponds to an effective APR.
The annual percentage rate of charge is the interest rate for the entire year, as opposed to just a monthly fee or rate. It is a fee for financing that is presented in the form of an annual rate.
Interest rate APR = 12%
Average balance = ((200*5)+(350*15)+(150*10))/30
Average balance = $258.33
Average balance*APR/12
Finance charge =\(\frac{258.33*20 \%}{12 }\)
Finance charge = $4.3055
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in the hvacr trade tubing is joined together by what?
Answers
Answer:
Copper tubing is joined using flare connection, compression connection, pressed connection, or solder. Copper offers a high level of corrosion resistance but is becoming very costly.
A 1-column table with 5 rows. Column 1 is labeled Addition Words with entries add, increase by, more than, sum, total.
Write an algebraic expression to model the unknown number situation.
the sum of five and a number
Complete each statement to explain how to model this situation.
Replace “a number” with .n,+,5, or -
Replace “sum” with .n,+,5, or -
Replace “five” with .n,+,5,or -
The correct algebraic expression is .+5n,5+n,5-n, or n5+
WILL GIVE 50 POINTS PLEASE HELP ME
Answers
Answer:
Replace “a number” with n
Replace “sum” with +
Replace “five” with 5
The correct algebraic expression is 5 + n
Im pretty sure this is right but correct me if im wrong :)
Answer:
Replace “a number” with
✔ n
.
Replace “sum” with
✔ +
.
Replace “five” with
✔ 5
.
The correct algebraic expression is ✔ 5 + N
Explanation:
Use this with "kind."
True
False
Answers
Answer:
??? what do you mean? please be more elaborate
Macro environment is also known as- general environment or remote environment. True/False?
Answers
Above statement is correct, the term "macro environment" refers to the overall environment that originates outside of a company and indirectly influences business operations. A businessman has no control over these elements.
Why macro environment is called general environment?As opposed to a microenvironment, which focuses on the economy of a particular sector or region, a macro environment refers to the overall, broader economy and the forces affecting it. The macroeconomic environment or elements have an impact on how all businesses function, which in turn has an impact on the economy as a whole.
What is microenvironment of a company?The term "micro environment" refers to the environment that arises within an organisation and immediately influences business operations. A businessman has complete control over these elements.
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An electronics store sells specialty headphones for $100. They usually sell 5
pairs per day and purchase 150 pairs from their suppliers per month.
According to the law of supply, which outcome would be most likely if the
store could sell the headphones for $120 without losing customers?
A. The store would purchase 175 pairs per month,
B. The store would sell 3 pairs per day.
C. The store would sell 7 pairs per day,
D. The store would purchase 100 pairs per month.
Answers
D. The store would purchase 100 pairs per month
As the electronics store sells specialty headphones for $100. They usually sell 5 pairs per day and purchase 150 pairs from their suppliers per month. According to the law of supply, if the store could sell the headphones for $120 without losing customers then it would have to sell 7 pairs per day.
What is Law of supply?
Law of supply is a fundamental principal of Economic theories. It states that keeping all the other factors at constant, an increase in the the price of the product results in the increased supply of that product.
What is the Formula of Law of Supply?Qs = x + yP
Where:
n Qs = the quantity supplied
n X = quantity
n P = price
n Y = variable
Hence option C is the correct answer.
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what is the microscope used to determine the shape of the nuclie of white blood cells?
a. Light microscope
b. Scanning electron microscope
c. Transmission electron microscope
d. Both B & C
Answers
Answer:
C
Explanation:
Answer:
A. light microscope
warby parker, a recent entrant into the highly competitive eyeglasses market, has rapidly gained market share by employing customer-centric marketing and a business model that allows customers to try on their frames at home before deciding. warby parker has gained a competitive advantage from
Answers
According to the information, Warby Parker has gained a competitive advantage due to its ability to survive disruptive innovations, which correspond to technological innovations in products and business model.
Warby Parker's business model is focused on customer-centric marketing, relationship marketing, and benefiting customers from trying out their frames at home before deciding to buy.
Therefore, it can be said that the company has developed a way to solve the problem of the consumer's purchase decision through innovation in granting the possibility of taking the frames home to make a better choice.
This innovation ensures greater reliability between consumers and companies, generates greater convenience for consumers, greater value and loyalty, which increases their competitive advantage.
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A semester consists of half the year (18 weeks) and is worth .5 (1/2)
credit. *
True
False
Answers
6 * 4 + 43 w/ solutions
net programming (tle)
Answers
Answer:
24+43wExplanation:
Tamora has just graduated from college. when she entered college four years ago, she took out a $9,100 subsidized stafford loan, which has a duration of ten years. the loan has an interest rate of 5.4%, compounded monthly. if tamora makes monthly payments, how much interest will she have paid in total by the time the loan is paid off? round all dollar values to the nearest cent. a. $2,697.20 b. $1,574.00 c. $5,534.00 d. $3,888.08
Answers
For her subsidized stafford loan, Tamora has $2,697 of total interest paid for the last 10 years.
Total interest paid can be find from the remaining amount of the total payment made and the principal loan. To calculate the total interest paid of a loan, we have to find the total payment made within the period first.
To find the total payment, we need to know the monthly payment Tamora made or PMT. PMT can be find using the formula of:
PV = PMT ([1 - (1+r)^-n]/r)
PMT = PV / ([1 - (1+r)^-n]/r)
From the case, we know that:
PV = $9,100
r = 5.4% pa = 0.45% monthly
n = 12 x 10 years = 120 months
Tamora PMT should be:
PMT = PV / ([1 - (1+r)^-n]/r)
PMT = $9,100 / ([1 - (1+0,45%)^(-120)]/0.45%)
PMT = $98.31
Since Tamora has made 120 times payment, the total payment she made is:
Total payment = PMT x n
Total payment = $98,31 x 120
Total payment = $$11,797.03
Then, the total interest paid by Tamora is:
Total interest paid = Total payment - Principal loan
Total interest paid = $11,797.03 - $9,100
Total interest paid = 2,697.03
Total interest paid ≈ 2,697
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Answer:
A $2,697.20
Explanation:
^^
Match the scenario to the organization/team responsible.
1. As a result of a tornado, many water pipes are broken and it is feared sewage is leaking into the drinking water.
A. CDC
2. As a result of an earthquake, many stores cannot sell food and it is feared some crops have been contaminated.
B. DHS
3. As a result of a disaster, it is determined the local resources cannot adequately address all the needs of a community.
C. FDA
Answers
Answer:
A. people were drinking contaminated water
Explanation:
what will I need to start a clothing shop
Answers
Answer:
Explanation:
But meanwhile his you are going to start a new clothing business you will not have much finance ( money ) but first u have to advertise to the customers . get the customers attraction and there satisfaction , because then one customer will spread the whole news about your clothing shop to almost all the customers. which will be beneficial for you .
You will have to advertise on the tv , radio , bill boards , newspapers , many other marketing equipments plus u must advertise your business in a way that the customers will be willing to purchase your clothes from your clothing shop.
Then eventually you will gain more profits and will lead to profits so after sometime you can create a a online shopping like a website , because some and many customers will be willing to purchase your clothes through the online platform. which saves the customers time and transportation costs and etc.
By the way the main element is customers because without customers there will be no lead / success to your clothing shop.
Hope this answer helps you :)
Have a great day.
Mark brainliest :)
Question 6 of 10
The optional feature in a business letter is the:
A. date.
B. inside address.
C. closing.
D. reference.
Answers
Answer:
D would be the correct answer
Explanation:
Answer: reference
Explanation: ape x
A down payment is usually what percentage of the asking price of a home?
Answers
Answer:
In most cases, you need a down payment of at least 3 percent of your target home price. Many loan types and lenders require 5 percent down or more. You can often save money if you put down at least 10 percent of the home price, and you'll save the most if you put down at least 20 percent.
Explanation:
i hopes this helps you
Answer:
5-20
Explanation:
I am built different
The closing entry for dividends involves a debit to Retained Earnings and a credit to Dividends Declared. The debit to Retained Earnings causes a(n) in the balance of the account.
Answers
As a result of a debit to the Retained earnings account, the balance would decrease.
What happens when Dividends are declared?They are taken from the profits of the business.These profits are represented by the retained earnings account.Retained earnings are an equity account which means that they are credited when they increase. When they are debited therefore, they will see a decrease.
In conclusion, the balance would decrease.
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what is line ????????????
Answers
Answer:
njn
Explanation:
New balance, inc. , successfully repositioned its athletic shoes to focus on fit, durability, and comfort rather than competing head-on against nike and adidas on fashion and professional sports. new balance is likely reacting to a.
Answers
The action of New Balance, Inc. to successfully reposition its athletic shoes to focus on fit, durability, and comfort rather than competing head-on against Nike and Adidas in fashion and professional sports is A. a reaction to a competitor's position.
What is competitive positioning?Competitive positioning is offering and creating value for your customers and brand in the market.
The following four competitive positions can be assumed by an entity, depending on the adopted market strategies:
Market leadershipMarket challengingMarket followershipMarket niching.Answer Options:A. react to a competitor's position
B. reach a new target market segment
C. catch a rising trend
D. change the value offered to its customers
E. accommodate its target audience's preference for comfortable sneakers
Thus, New Balance, Inc. is likely reacting to Option A.
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In which market does a company's initial public offering (IPO) occur?
A primary
B. secondary
С. ОТС
D. NASDAQ
E. Bull Market
Answers
Answer:
A primary
Explanation:
The operations of the capital markets are categorized into primary and secondary markets. The primary market is where enterprises sell new bonds and equity to the public for the first time. A good example is the initial public offering (IPO). An IPO is a process of issuing out new shares of a corporation to the public for the first time.
The primary market is for new shares, bonds, and other money market securities issued for sale for the first time.
Under the allowance method of accounting for uncollectible accounts, Group of answer choices the cash realizable value of accounts receivable is greater before an account is written off than after it is written off. Bad Debt Expense is debited when a specific account is written off as uncollectible. is debited when a specific account is written off as uncollectible. the cash realizable value of accounts receivable in the balance sheet is the same before and after an account is written off. Allowance for Doubtful Accounts is closed each year to Income Summary.
Answers
Answer:
how are the answer choices seperated
How is a credit union different from a bank?
O Acredit union offers services to companies instead of individuals.
A credit union only offers credit, it does not store money.
Acredit union is usually larger than a bank.
O A credit union is owned by its customers.
Answers
Answer:
a credit union is owned by its costumers (D)
Explanation:
i took the assignment!!
A milestone occurring in which of these increments of time will be the farthest to the left on a timeline? 4 months 5 days 3 weeks 2 years
Answers
Answer:
A milestone occurring in 3 years of increments of time will be the farthest to the right on a timeline.
Explanation:
Here in the given options the increments of time are given.
Here, 3 years > 8 months > 12 weeks > 60 days.
Because, 3 years ≡ (3 × 365) days ≡ 1095 days
8 months ≡ (8 × 30) days ≡ 240 days
12 weeks ≡ (12 × 7) days ≡ 84 days.
Therefore, a milestone occurring in 3 years of increments of time will be the farthest to the right on a timeline.
Which of the following promotion channel is the best to use to target a specific group of individuals?
radio
newspaper
banner
billboards
Question 18
A Target Market is:
Individuals who are used in focus groups to determine customer needs and wants.
Groups of people for whom a company develops a product or service.
Individuals who are not currently buying a company's product or service.
Individuals randomly chosen to receive free products or services
Question 19
"The design, implementation and management of programs that seek to influence or increase acceptable social ideas or practice among a target group" is classified as:
product marketing
social marketing
elementary marketing
secondary marketing
Question 20
The activities listed below are activities that are most likely considered in which step of the decision making process?
Activities:
Who will be responsible for gathering information?
How will information be gathered?
When and how long will we gather information for?
Selecting among alternatives
Identifying alternatives
Collecting relevant data
Analyzing and weighing alternatives
Question 21
A manager is most likely to have long term success in motivating an employee by focusing on:
performance based bonuses and incentives
reminders that job continuance requires successful performance
a better understanding of the employee's goals and interests
developing competition between employees
Question 22
Communication is most effective when it:
is a two-way process
is verbal
is a one-way process
involves images
Question 23
The most difficult step in the decision making process is:
the developing options step
the gathering and analyzing data step
the defining of problem(s) step
the option implementation step
Question 25
When a new President is hired in an organization, employees can expect to see the most change in:
the organization structure
work schedules
the organization culture
benefits
Answers
The main answers to the questions are as follows:
16: It depends on the specific group of individuals being targeted.
18: Groups of people for whom a company develops a product or service. 19: Social marketing. 20: Collecting relevant data.
21: A better understanding of the employee's goals and interests.22: Is a two-way process. 23: The defining of problem(s) step. 25: The organization culture.
When targeting a specific group of individuals, the best promotion channel to use depends on various factors such as the nature of the target audience, their preferences, and the marketing objectives. None of the given options (radio, newspaper, banner, billboards) can be universally considered the best choice, as effectiveness varies depending on the specific context.
To determine the most suitable promotion channel, it is important to consider the characteristics of the target audience. For example, if the specific group of individuals is known to be avid radio listeners, utilizing radio advertisements may be an effective way to reach them. Similarly, if the target group is more inclined towards reading newspapers, newspaper advertisements could be a viable option. Banner ads on websites or billboards in strategic locations may be effective for targeting a digitally-oriented or geographically localized audience, respectively.
The choice of the promotion channel should also align with the marketing objectives. Factors such as budget, reach, frequency, and the desired level of engagement play a crucial role in deciding the most appropriate channel. Conducting market research, analyzing customer behavior and preferences, and leveraging demographic data can provide valuable insights to guide the selection process.
Ultimately, there is no one-size-fits-all answer to which promotion channel is best for targeting a specific group of individuals. The decision should be based on a comprehensive understanding of the target audience, their preferences, and the marketing goals, allowing for a tailored approach that maximizes the chances of reaching and engaging the desired group effectively.
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Aria paid $75,000 for her house. its property value increased by 2.2% per year. when aria sold her house after eleven years, how much was it worth, to the nearest hundred dollars? a. $133,700 b. $95,400 c. $95,300 d. $93,100 please select the best answer from the choices provided a b c d
Answers
The property amount after 11 years is $95,250.
What is a property?Both the valuable objects themselves and the collection of legal rights that give people control over them are referred to as property. Depending on the kind of property, an owner may be able to use it properly in accordance with the rights that have been granted to it, modify it, share it with the others, redefine it, rent it, pawn it, sell it, exchange it for another piece of the property, give it away, or destroy it. However, a property owner may have the authority to forbid others from doing any of these actions, regardless of the type of property. The three primary categories of property recognized by economics and political economy are private, public, and collective (also called cooperative property).
New property amount=75000 * 1.27=95250.
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Answer:C) 95,250 (95,300 when rounded)
Explanation:edge