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Enduro Tile Company purchased merchandise on account from a supplier for $8,000, terms 2/10, n/30. Enduro Tile Company returned $3,500 of the merchandise and received full credit.
a. If Enduro Tile Company pays the invoice within the discount period, what is the amount of cash required for the payment?
b. Under a perpetual inventory system, what account is credited by Enduro Tile Company to record the return?
Calculate the total after-tax cost of the present values of the cash flows associated with each alternative and which financial alternative would you recommend that the company accept? Why?
Eradication Laboratories Ltd is undertaking a number of research and development projects, one of which is described below.
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at 31st december 2012 mnc still has the same three products in its inventory. updated information for every product
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on january 12014 oaken furniture co. issued 700000 of 10 bonds and received cash totaling 795141. interest is payable
questionmichael and andrea are equal partners in the accrual basis am partnership. at the starting of the current year
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