On june 5, x-mart purchased $400 of merchandise with terms of 2/10,n/30. If payment is made on june 11, calculate the purchase discount that may be taken by x-mart.

Answers

Answer 1

Based on the amount that X-Mart purchased, and the date they paid, the discount taken would be $8.

How much discount would X-Mart get?

The terms are 2/10,n/30 which means that if X-Mart pays within 10 days, they would get a 2% discount.

They paid on the 11th which is 6 days later so they will get the 2% discount of:

= 2% x 400

= $8

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Related Questions

Adjusting entries for accrued expenses ensure that liabilities are reported for all amounts ______ at the end of the accounting period.

Answers

Adjusting entries for accrued expenses ensure that liabilities are reported for all amounts owed at the end of the accounting period.

What are adjusting entries?

Adjusting entries are the end-of-the-year entries made to ensure that the income statement and balance sheet present the correct, up-to-date numbers.

Some of the adjusting entries include:

Accrued revenuesAccrued expensesDeferred revenuesPrepaid expensesDepreciation expenses.

Thus, Adjusting entries for accrued expenses ensure that liabilities are reported for all amounts owed at the end of the accounting period.

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You will be required to write a 1500 words review paper (+-10% – excluding references) on a selected project case study, e.g. Similar to the Gautrain example in Assignment 3 (You can not use the Gautrain example as this was used in assignment 1).
Case study or Programme can include any industrial/engineering sector such as; construction. Examples could include South Africa’s FIFA 2010 games, vaccine development, etc. NO fictious projects may be used. Your individual paper must include the following sections:
1. Project or Programme description. (5 marks)
2. Include stakeholders involved. (5 marks)
3. Strategic alignment (the role the project plays in the strategic management process and
how is it linked to the strategic plan). (10 marks)
4. Were both sociocultural or technical element factors in the success or difficulties in the
projects.
5. Challenges faced and how these challenges were addressed.
6. Your paper will need to include the following technical aspects.

Answers

The project is about  eradication of malaria and water borne disease in Africa.

What is the program about?

The aim of the program is to make sure that Africa people are sentitized about malaria and water borne disease and how to eradicate it.

The stakeholders in the eradication of malaria and water borne disease in Africa are:

The WHO.Private organizations or firmsVolunteers,Medical personals, etc.

The role the project plays in the strategic management process is that it will help to bring down the rate of issues or sickness associated with the two factors above.

Challenges are:

FinanceNo good transportation system in some areas.Lack of Medical tools, etc.

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Bullors Inc., an apparel manufacturer, prices its products low by selling them only through factory outlets. Therefore, Bullors apparels can neither be bought online nor from any superstores. Which of the following channels is Bullors Inc. using for the distribution of its products?

1. A retailer channel

2. A broker channel

3. A direct channel

4. A wholesaler channel

Answers

The channel that Bullors Inc is using for the distribution of its products is a direct channel

What is distribution?

It should be noted that distribution simply means the way that the goods reach the final consumers.

In this case, the channel that Bullors Inc is using for the distribution of its products is a direct channel sine it's through the company directly

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What is a certificate of deposit, or CD?

Answers

It’s a product offered by banks and credit unions that provides an interest rate premium in exchange for the customer agreeing to leave a lump-sum deposit untouched for a predetermined period of time.

In which type of career would you expect to spend a great deal of time backing up computer files?

Answers

Answer:

BTS BTS BTS Po 1.A 2. c 3. k 4.mha

Answer: TO BE HONEST MY ONE AND ONLY DREAM IS TO BECOME A K-POP IDOL.

Investors always make money from investing in the stock market.

A. True
B. False

Answers

"Investors always make money from investing in the stock market." is a false statement. This is further explained below.

Who is an Investor?

Generally, an Investor is simply defined as a profit-seeking financier.

In conclusion,  Investing in the stock market might result in a wide range of losses. Figure out how to deal with each one of them.

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Jack recently took out a loan from Diane at an interest rate of 4 percent. Diane expected this year’s inflation rate to be 1 percent and the real interest rate to be 3 percent. The loan is due at the end of this year. Complete the table below by computing the real interest rate for each possible inflation rate. For each situation, determine whether the unexpected inflation level benefits Jack or Diane.

Answers

The complete question has been added with an image for better understanding of the concept. The beneficiaries of the inflation and interest rates will be,

When inflation is 1 percent, Diane will benefit more than Jack;When inflation is 0 percent; Diane will benefit more than Jack; When inflation is 4 percent; Jack will benefit more than Diane; When inflation is -2 percent; Diane will benefit more than Jack.

What is inflation?

A given increase in rates or prices of any commodity, including monies, over a particular financial period is known as inflation.

The rates and beneficiaries due to the unexpected change in inflation for the above situation is given attached in the image in the form of a table.

Hence, the significance of inflation is as mentioned.

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reason why depreciation amount does not include in the receipts
and payments account.

Answers

Answer:

Items such as depreciation, outstanding expenses, accrued income etc. are not shown in receipt and payment account because it is a real account. Only cash transactions are recorded in receipt and payment account.

The number one job a health inspector has is making sure which of the following happens?

Answers

Answer:

B. Food being served is safe.

Explanation:

In this case, a health inspector's job is to ensure that equipment are sterilized and that the place is following environmental and health laws.

In the case of creating food, a health inspector's job would be to ensure that the place is processing food correctly, creating food that, when consumed, is not toxic to the human body, and that they follow mandatory governmental guidelines for environmental, societal, and individual health.

~

Within the organization, the use of formal committees, training, and codes of conduct help to ensure standards of
A. ethical compliance.
B. legal compliance.
C. philanthropic giving.
D. social responsibility.
E. organizational leadership.

Answers

Within the organization, the use of formal committees, training, and codes of conduct help to ensure standards of ethical compliance.

What is ethical compliance?

Ethical compliance is the ability of an individual or employee to act according to companies code of conduct.

Trainings are usually conducted for newly recruited employee.

Therefore, Within the organization, the use of formal committees, training, and codes of conduct help to ensure standards of ethical compliance.

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PURPOSE
Create a presentation that describes your plan and findings for a personal finance budget.
ASSIGNMENT PROMPT
In this assignment, you will create a multimedia presentation to communicate your findings from your
previous budget assignment. You will describe your budget, explain your reasoning, provide evidence,
address opposing perspectives, and educate your audience.

Step 1: Review your planned budget.
a) Open your planned budget you created for your previous assignment.
b) Think about your main findings.
Step 2: Consider the required elements of a multimedia presentation.
a) Create your presentation on the computer using presentation or video-editing software.
b) Include digital media such as images, video, or audio.
c) Use text when appropriate to convey main ideas.
d) Have an introduction, body, and conclusion.
e) Present supporting evidence while conveying your perspective clearly.
f) Address other perspectives while explaining your own reasoning.
g) Include a list of resources that you used, including websites, textbooks, or other
materials.
Step 3: Think about these steps for creating a successful presentation.
a) Plan: Sketch your presentation before you begin. Establish the order in which you will
present your information and what media you are going to include.
b) Draft: Create a rough draft of your presentation.
c) Revise: Review your work, correct mistakes, and make improvements

**Last assignment is attached for reference**

I need help on where to start and how I should layout this presentation. If you could point me in the right direction, I plan on using PowerPoint. If you tell me what to do slide for slide, I'll give brainliest. Even advice is a huge help though!

Answers

Answer: Summarize the change in expenditures between budgets. Show the findings of your personal financial analysis using appropriate graphs/charts in Excel.

Explanation:

Answer:

Purposes of creating a personal budget

Personal budgets are usually created to help an individual or a household of people to control their spending and achieve their financial goals. Having a budget can help people feel more in control of their finances and make it easier for them to not overspend and save money.

Explanation:

What are the two major components of a working capital management strategy

Answers

Answer:

The two major components of Working Capital are Current Assets and Current Liabilities. One of the major aspects of an effective working capital management is to have regular analysis of the company's currents assets and liabilities.

A consumer must decide between purchasing a new cell phone or renting a new car. Why might determining the opportunity cost be uncertain

Answers

When a consumer has to decide between buying a new smartphone or renting a new car, the determination of opportunity costs is difficult, as both the expenses have different utilities.

What is opportunity cost?

The cost, which is undergone in order to let go of an alternative divestment of such cost, is known as an opportunity cost. An opportunity costs may be backed by emotions and other external factors.

Hence, the significance of opportunity costs is given above.

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what is local business

Answers

Answer:

Any company that provides goods or services to a local population

I hope this helps and answers your question ^^

Select the correct text in the passage.
Which sentence identifies business-to-business advertising?
A company that makes CCTV cameras wants to enter new and existing markets. It has set up a strategy of aggressive marketing by active programs and expanding market
size. It adopted a price skimming method wherein it reduced the prices of cameras compared to rivals with a promise of equal quality. It recently sponsored a famous
award show to secure consumer reach. It also won a contract with a security solution agency, which saw the company advertise discounts on CCTV cameras in a trade
journal. It differentiated its product from its rivals with its compact size. It also advertised its product on TV commercials and highway billboards, thus increasing
frequency of reach.
Reset
Next

Answers

Answer:

It adopted a price skimming method wherein it reduced the prices of cameras compared to rivals with a promise of equal quality.

Explanation:

A company that makes CCTV cameras wants to enter new and existing markets. It has set up a strategy of aggressive marketing by active programs and expanding market

size. It adopted a price skimming method wherein it reduced the prices of cameras compared to rivals with a promise of equal quality. It recently sponsored a famous

award show to secure consumer reach. It also won a contract with a security solution agency, which saw the company advertise discounts on CCTV cameras in a trade

journal. It differentiated its product from its rivals with its compact size. It also advertised its product on TV commercials and highway billboards, thus increasing

frequency of reach.

Answer: it also won a contract with a security solution agency, which saw the company advertised discounts on CCTV cameras in a trade journal.

Explanation: edmentum

Which advice would best help you protect your personal information?
A. Respond to any email that looks like it originates from a legitimate
company.
B. Only give out personal information to a person who appears to
have knowledge of your bank account transactions.
C. Click on email links sent from your credit card company, but only if
the email looks legitimate.
D. Never provide personal details to someone who claims to be from
your bank; call your bank directly.

Answers

Answer:

D

Explanation:

because you will never know who wants to hurt you or still from you u need to make sure by phoning your bank immediately before you will regret it

Answer: D. Never provide personal details to someone who claims to be from

your bank; call your bank directly.

Explanation:

What impact does interest have on the cost of the purchases you make when
using credit?
A. Interest can cause the overall cost of your purchases to increase.
B. Interest can cause the overall cost of your purchases to decrease.
C. Interest has no impact because most credit cards do not charge
interest.
D. Interest has no impact because it is separate from the actual
purchase prices.

Answers

Answer:

the answer to this question is letter a because interest will increase the cost if not paid on time

A point outside a​ society's production possibilities curve is one that is
Part 2
A.
unattainable given the resources of the society.
B.
technologically inefficient.
C.
undesirable given the implied underemployment of resources.
D.
desirable since it satisfies the desires of the population.

Answers

A point outside a​ society's production possibilities curve is one that is A. unattainable given the resources of the society.

What is a Production Possibilities Curve?

This refers to the economic model that shows the cost of a society's choice when faced with the choice of different goods.

Hence, given the graphical curve, it can be noted when there is a point outside the production possibilities curve of a given society, this means that the goods are unattainable given the resources of the society.

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Each marketing function occurs _____ a product or service is developed and sold.

A. one time

B. two times

C. every time

D. none of the above

Answers

Each marketing function occurs every time a product or a service is developed and sold in the market.

What is a marketing function?

A marketing activity, which is essential for the transfer of goods from place of origin to the place of consumption in the market, is known as a marketing function. It is a continuous process.

Hence, option C holds true regarding a marketing function.

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Using the (DMP) Model. (1) What determines a consumer’s decision to search for work? (2) What determines a firm’s decision to post a vacancy? (3) When a worker and firm are matched, what determines the wage paid to the worker? (4) Discuss the likely equilibrium effects of unemployment benefit (b) in the DMP model

Answers

Using the DMP Model the factor that determines a consumer’s decision to search for work are:

The labor force, titled as Q. The payoff gotten from home production.The payoff gotten as a result of searching for market work.

What factor determines a firm’s decision to post a vacancy?

They are:

1. The cost that one gets from posting a vacancy, k

2. The wage rate which the suppose firm would pay, w

3. The outcome or the output that worker will make, z, etc.

Note that in DMP model, if a worker and firm are matched, the factor that determines the wage paid to the worker is the equation of :

w = a(z-b) + b,

Where a(z-b) =  Share the worker will get from the total share as a result of the bargain, based on the worker's bargaining power.

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Being in short supply is what?

Answers

Answer:

SHORT SUPPLY EXAMPLES :

[tex]short \: suplys \: is \: remaining \: from \: each \: sentences[/tex]

EACH SENTENCES IS FORMULA THAT HAS OPOSITE ON SHORT SUPPLYS

explain how mobile commerce provides easy access to stores to society

Answers

I think it’s 20 x 345

The question are on the picture...can someone help me ?​

Answers

small points for bigg questions

The amount you pay monthly, quarterly, semiannually or annually to purchase different types of insurance.

Answers

Answer:

the amount you pay for different types of insurance is called a premium.

Suppose that a simple economy produces only four goods and services: sweaters, CDs, sugar, and soft drinks. Assume one half of the sugar is used in making the soft drinks and the other half of the sugar is purchased by households.

Answers

Given that this is a simple economy, the simple GDP therefore will be given as: The sum total of all the products purchased in a given period by the households.

What is the calculation for Simple GDP?

The simple GDP of the economy described above is given as:

Product     Quantity  x  Prices ($) =  Revenue ($)

Sweaters  50             15            750

CDs            10             10            100

Sugar         200            0.9            180

Soft Drinks 400             0.75            300
Nominal GDP (Total Revenue)                1,330  

Hence the nominal GDP = $1,330


What is the GDP Deflator?

Recall that the price of key items on the list had increased by 50%, hence the deflator is:

The ratio of base year to current year =
805/1,330

= 1,652174

≈ 1.65.

What is Real GDP?

Real GDP is given as:

R = N/D

Where R = Real GDP

N = Nominal GDP

D = GDP Deflator


Hence,

R = 1,330/1.65

Real GDP = $806.060606061

≈ $806.06

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Draft an email to be sent to all of your colleagues announcing the transition to a formal on-boarding process for all new employees. Acknowledge the anticipated complaints about “making more work” and stress the positive benefits of a standardized process

( the subject was not on their but its Professional Communications )

Answers

There will be a formal on-boarding process for all new employee so as to learn the  structure and culture of the organization for a standardized process.

Why is the onboarding process  is necessary for new employees?

"Onboarding  processes is required in an organization so as to help the new employee to be able to be fully integrated into the organization.

This will help to prevent or get rid of complaints of the customer about employee not knowing the culture and way of doing things in the organization.

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Briefly summarize the concept of the division of labour. What does Smith think is good about the division of labour?​

Answers

Answer:

the division of labor was a way to make laboring the old times more fair in a way

Explanation:

A payroll register is a ____
of the payroll records of a company’s employees.

Answers

Answer:

The answer I believe is List

Explanation:

A payroll register is a list of the payroll records of a company’s employees.

If you are in the 15% tax bracket, your whole
income is taxed at that rate.
True
False

Answers

If an individual's income falls at the 15% tax bracket then his/her income is taxed at first 10% and then the excess 5% should be levied in the next bracket.

What is a tax bracket?

A tax bracket is the income range made by the tax authorities relating to income earned by taxpayers with different rates of taxes.

According to the US taxation rules, the tax levied on the income of the taxpayer should be in the progressive system, which means, that the income should be charged with the different tax rates and not the one single tax rate. As the tax rates are started from 10%, so at the rate of 15%, it should not be the same rate rather the excess 5% would be levied.

Therefore, the provided statement relating to the imposition of tax is false.

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Forecast the 2019 Cost of goods sold on the previous year’s number and the assumptions. 2018 Actual 2019 Estimate Sales Growth 6% 8% Gross Margin 40% 40% Revenues 50,000 Cost of Goods Sold 30,000

Answers

Answer:

hi

Explanation:

One's personality is shaped by a combination of nature (genetic) and nurture (environmental) influences. Recent studies conducted among birds have demonstrated that environment plays a bigger role in forming personality than genetics, but obviously there are differences when translating these results to humans.

The Cost of Goods Sold for 2019 is forecasted to be $30,600.

What is Cost of Goods sold?

This refers to total amount that a firm paid as a cost directly related to the sale of products.

The Sales Growth between the years 2018 and 2019 is 2% (8%-6%).

Because the 2018 Cost of Goods Sold equals $30,000, then, it will be adjusted according to the sales growth recorded in the subservience year.

Cost of Goods Sold (2019) = $30,000 *(1+0.02)

Cost of Goods Sold (2019) = $30,000 *1.02

Cost of Goods Sold (2019) = $30,600

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To quickly identify the least populated country in a given region what type of distribution map would you use what is circumference? Triangle ABC is rotated 180 degrees about the origin. Describe the relationship between the corresponding angles of triangle ABC and its image You ensure that all knives are locked away before a individual with a history of aggression enters the area. This best exemplifies which core ethical principle Read the paragraph.Like so many of the Greek divinities, however, therefined conception of the Muses is somewhat marredby the acerbity with which they punished any effort onthe part of mortals to rival them in their divine powers.An instance of this is seen in the case of Thamyris, aThracian bard, who presumed to invite them to a trial ofskill in music. Having vanquished him, they not onlyafflicted him with blindness, but deprived him also ofthe power of song.The author uses a word that means "harsh bitterness" inthe text. Choose the word in the paragraph that bestrepresents that idea.Odivinemarredafflictedacerbity Angel is training for a weight-lifting competition. It is his first one, so he does not expect to win. He is just interested in seeing if he likes it. At the same time, he wants to be competitive. He has decided to work out with a trainer for the last few weeks and is figuring out where to fit that into his schedule. Should he plan on daily workouts? I think its B. no, even intense training required rest days. eatness17Select the correct answer from each drop-down menu.What structural element of the paragraph is the underlined sentence, and how does it connect ideas in the text?The underlined sentence isIt connects ideas in the text byReset PLSSS HELP IF YOU TURLY KNOW THISS In which stage of life will the sun undergo the most change?. What African tree is also called the "upside-down tree"? sequoia baobab acacia palm Should people eat at a lower trophic level? Outline three pros and three cons of eating only plants and plant products. The begining of this chemical equation represents the starting materials for a chemical reaction which compound us likely produced by the chemical reaction H20+ SO3 If you roll a dice four times, what is the chance that you roll a 2? What key features do the functions f(x) = 3x and g of x equals the square root of the x minus 3 end root have in common? Both f(x) and g(x) include domain values of [3, ) and range values of (0, ), and both functions are positive for the entire domain. Both f(x) and g(x) include domain values of [3, ) and range values of (, ), and both functions have an x-intercept in common. Both f(x) and g(x) include domain values of [3, ) and range values of (0, ), and both functions have a y-intercept in common. Both f(x) and g(x) include domain values of [3, ) and range values of (, ), and both functions increase over the interval (3, 0). What do the indicators used by economists reveal?changes in production and demandchanges in employment levelschanges in priceschanges in the health of an economy Which lines from "Mending Wall" best indicate that the speaker is amused while repairing the wall?We have to use a spell to make them balance:Stay where you are until our backs are turned!And he likes having thought of it so wellHe says again, Good fences make good neighbours.We wear our fingers rough with handling them.Oh, just another kind of out-door game,No one has seen them made or heard them made,But at spring mending-time we find them there. All agencies with jurisdictional authority and/or functional responsibility for the incident provide joint support through mutually developed incident objectives and strategies. This is an example of: A. A response handled at the highest possible level B. Unified Command C. Rigid/Fixed Operational Capabilities D. Area Command Question 4 of 10How would increasing the amount of water in blood affect blood pressure?OA. Blood pressure would decreaseB. Blood pressure would stay the sameO C. Water is not related to blood pressureOD. Blood pressure would increaseSURMIT The earliest known form of bowling was played in what country?. g(x)=-2x-5 what is g(-3)a.1b.6c.-11d.-6