Determine the amount to be paid

Assignment Help Accounting Basics
Reference no: EM133034643

Question - An invoice of $800 for merchandise purchased is showing 2?/15, ?n/30 as terms of credit. If the invoice is paid on or before the fifteenth day after the invoice? date, determine the amount to be paid?

a. 800

b. 819

c. 816

d. 784

Reference no: EM133034643

Questions Cloud

How would aristotle rate jim : Bruegal's painting shows the fall of Icarus, but you have to look hard to find him. Why do you think the artist didn't make Icarus the focal point
Various aspects of the global trade environment : 1. What is the impact of various aspects of the global trade environment on the negotiations of at least two North American countries and their impact on the ne
What is the firm cost of equity : The company's stock has a beta of 0.80. The risk free rate is 1.90% and the risk premium is 7.20%. What is the firm's cost of equity
Find potential sales prospects : Answer all the question in full detail. (Talking about the automobile industry is in Canada)
Determine the amount to be paid : Question - An invoice of $800 for merchandise purchased is showing 2?/15, ?n/30 as terms of credit. Determine the amount to be paid
Lamac mpc supporting livelihood and education : The Tapaleses. Teofilo Tapales was a farmer of 1 hectare rice and corn land under a share-cropping arrangement of 60-40 (60% of the produce went to him while 40
How will operating income be affected : Question - Mickey Tire Company makes a special kind of racing tire. Variable costs are $260 per unit, how will operating income be affected
Determine the amount to be recognized as finance costs : Determine the amount to be recognized as finance costs for each of the affected financial years ending 31 December
What is that cost of goods sold : What production level for the remainder of the year gives the largest cost of goods sold for the year? What is that cost of goods sold

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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