Compute the amount that moore company has to pay

Assignment Help Financial Management
Reference no: EM132359580

Question

Moore Company purchased goods with the following terms and details:

Sales price, $5,000

Terms, 2/10, n/30

Date of sale, August 10

Date of payment, August 20

Returns and allowances (before payment), $400

Shipping, FOB Destination, $180, prepaid by seller

Required:

Compute the amount that Moore Company has to pay to the seller for the goods.

Reference no: EM132359580

Questions Cloud

Compute the amount that mitchell company has to pay : Compute the amount that Mitchell Company has to pay to the seller for the goods. Mitchell Company purchased goods with the terms.
Discuss the role of the suicide bomber : Discuss the role of the suicide bomber by comparing and contrasting it with other types of attacks that might be used by a terrorist organization.
Compare and contrast at least three hris vendor : Compare and contrast at least three HRIS vendors. Based on this comparison, make a case for the one vendor that you recommend for your client.
Journalize the adjusting entry on december 31 : Lopez Company recorded the transaction by debiting Prepaid Insurance and crediting Cash. Journalize the adjusting entry on December 31.
Compute the amount that moore company has to pay : Moore Company purchased goods with the terms and details. Compute the amount that Moore Company has to pay to the seller for the goods.
State the importance of identifying risks : State the importance of identifying risks and categorizing them as high, medium, or low probability. Explain why risks associated with the critical path.
Calculate the historical variance and standard deviation : FIN203 Essentials of Financial Management Assignment, Singapore University of Social Sciences, Singapore. Calculate historical variance and standard deviation
Why are literature reviews important in the research process : A literature review is the foundation for your research; it legitimizes statements about what is known and not known about your topic of interest.
Explain the importance of performance management systems : Explain the importance of performance management systems and what organizations must consider when selecting the best performance management system.

Reviews

Write a Review

Financial Management Questions & Answers

  How much would investor have to set aside today

How much would the investor have to set aside today if she wants to fund the entire account?

  Indifferent between accepting the project and rejecting

At what discount rate would you be indifferent between accepting the project and rejecting it?

  How much of a down payment will he be able to make

Jon Snow has deposited $7,000 in a guaranteed investment account with a promised rate of 6% compounded annually. He plans to leave it there for 4 full years when he will make a down payment on a horse after graduation from Winterfell. How much of a d..

  What growth rate can be supported without outside financing

What growth rate can be supported without outside financing?

  What amount should your friend deposit every two weeks

What amount should your friend deposit every 2 weeks into the same type of account with same interest rate and compounding period.

  What is the net amount paid by the corporation

what is the net amount paid (in yen) by the corporation to purchase $100,000?

  Anticipating an apple appreciation

Anticipating an Apple appreciation, you buy a 10/2016 $120 American-style Apple call option for $2.00 today. Being an American-style, you can early exercise it in September. If you early exercise this call in September, what will be the payoff in Sep..

  Describe the developments in hft markets over the years

Describe the developments in HFT markets over the years (150 words maximum). Please read the news article given in first link above.

  Assume a market index represents the common factor

Assume a market index represents the common factor and all stocks in the economy have a beta of 1. Firm-specific returns all have a standard deviation of 47%. Suppose an analyst studies 20 stocks and finds that one-half have an alpha of 4.5%, and one..

  What is this companys net profit margin

“For the 12 months ended July 31, the company reported revenue of about $428.2 million and a net loss of $159.8 million, according to court papers. … the company said its assets were worth $206.9 million, but that its liabilities topped $485 million...

  What is total yield-dividend yield and capital gain yield

The Rapid Inc. is a fast growing company. It is expected to grow by 20% for the next 3 years after which it will grow moderately at the rate of 6% annually for the foreseeable future. What is the maximum price you are willing to pay for this rapid st..

  What is the real rate of return for us long term bond

what is the real rate of return for a US long term bond.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd