What amount does she pay on that day

Assignment Help Accounting Basics
Reference no: EM131578724

Question - Lauren purchases a set of barber shop chairs for her business. the chairs cost $770 total and she pays an additional $40 to the shipping company on delivery. Her invoice from the reseller has 2/10 EOM terms. If the invoice is dated June 22 and she pays the bill in full on July 8, what amount does she pay on that day?

Reference no: EM131578724

Questions Cloud

Analyze advantage of different style of approaching conflict : Analyze the advantages and disadvantages of different styles of approaching conflict. Which approach do you use? Give an example of why you used this approach.
Define basic concepts of the program : Basic concepts of the program, Successes that program has seen
Develop a program to prepare for a possible pandemic : Develop a program to prepare for a possible pandemic that is spreading worldwide.View, "Laurie Garrett on Lessons From the 1918 Flu."
Create a taxreturn class with fields : Create a TaxReturn class with fields that hold a taxpayer's Social Security number, last name, first name, middle initial, zip code, annual income
What amount does she pay on that day : If the invoice is dated June 22 and she pays the bill in full on July 8, what amount does she pay on that day
Explore the basic principle of probability through the media : How does this relate to the central limit theorem provided in the media? Roll the dice, what were your odds?
What policy or reform grabbed your attention the most : What policy or reform grabbed your attention the most and why
What is the probability of three successes and three failure : In an independent trials process consisting of six trials with probability p of success.
Discuss the major causes of fraud : Discuss the major causes of fraud over the last few years. What areas have increased and what areas have decreased

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