What is the net delivered cost of purchases

Assignment Help Accounting Basics
Reference no: EM132043652

Question - During the year, a firm purchased $256,200 of merchandise & paid freight of $41,720. If the total purchases returns & allowances were $15,790 and purchase discounts were $8,250 for the year, what is the net delivered cost of purchases?

Reference no: EM132043652

Questions Cloud

Risk-averse-risk-neutral and risk-seeking : Provide examples of real organizations that represent each level of risk tolerance: risk-averse, risk-neutral and risk-seeking.
Impact of social media as a customer relationship management : In regard to corporate ethical boundary what is the Impact of Social Media as a Customer Relationship Management?
The ancient civilizations of the americas and oceania : In what ways were the ancient civilizations of the Americas and Oceania similar to the societies covered in earlier chapters ?
Marketing communications industry : What are relevant issues within the marketing communications industry.
What is the net delivered cost of purchases : If the total purchases returns & allowances were $15,790 and purchase discounts were $8,250 for the year, what is the net delivered cost of purchases
Service mean for the customer and the business : What does excellent customer service mean for the customer and the business.
Successful with retention of repatriates : How can employers be more successful with retention of repatriates?
Human resources department : What would be advantages and disadvantages of the Human Resources department if they had individual strategies or if there should be one overarching
Advantages and disadvantages of an organization : What would be advantages and disadvantages of an organization's Human Resources department aligning its strategy with the overall organizational strategy?

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