What is the net delivered cost of purchases

Assignment Help Financial Management
Reference no: EM132380096

Question

During the year, a firm purchased $258,200 of merchandise and paid freight charges of $41,920. If the total purchases returns and allowances were $16,790 and purchase discounts were $9,250 for the year, what is the net delivered cost of purchases?

Reference no: EM132380096

Questions Cloud

Consumerization of technology at IFG case study : Read the Consumerization of Technology at IFG Case Study
How to manage the formation of a new team : What factors related to team formation do you think contributed to the poor attendance at Jeffs kick-off meeting - What do you think Jeff should do next
Would you accept a dinner offer from your co-worker : Your co-worker has offered to buy you dinner for fixing this mistake. What should you investigate before making a decision about the correcting entry?
Assignment - Point Estimate and Confidence Interval : Assignment - Point Estimate and Confidence Interval. What percentage of prosecutors earn between $55,000 and $65,000
What is the net delivered cost of purchases : If the total purchases returns and allowances were $16,790 and purchase discounts were $9,250 for the year, what is the net delivered cost of purchases?
Prepare the current assets section of the balance sheet : Prepare the current assets section of the balance sheet for Kingbird, Inc., assuming that in addition to the receivables it has cash of $89,840.
What should you investigate before making a decision : What should you investigate before making a decision about the correcting entry? What is happening to the Cash account? Would you accept a dinner offer.
What are the retention guidelines for applications : You really flubbed that last task! Your position as the Director of Staffing is not so stable these days. You are given another chance. You have to develop.
Calculate the amount of taxes charles may include : Calculate the amount of taxes Charles may include in his itemized deductions for the year under the following circumstances.

Reviews

Write a Review

Financial Management Questions & Answers

  Foreign company acquisition

Acquisition by a foreign company and the effects of that decision and the results of foreign exchange in Euro and the exchange rate differences.

  Financial management for profit and non profit organizations

In this essay, we are going to discuss the issues of financial management in a non-profit organisation.

  Method for estimating a venture''s value

Evaluate venture's present value, cash and surplus cash and basic venture capital.

  Replacement analysis

This document show the Replacement Analysis of modling machine. Is replacement give profit to company or not?

  Business finance task - capital budgeting

Your company is considering using the payback period for capital-budgeting. Discuss the advantages and disadvantages of this technique.

  Analysis of the investment

In this project, you will focus on one of these: the additional cost resulting from the purchase of an apple press (a piece of equipment required to manufacture apple juice).

  Conduct a what-if analysis

Review the readings and media for this unit, including the Anthony's Orchard case study media. Familiarise yourself with the Anthony's Orchard company and its current situation.

  Determine operational expenditures

Organisations' behaviour is guided by financial data. In the short term, such data will help determine operational expenditures; in the long term, historical data may help generate forecasts aimed at determining strategic plans. In both instances.

  Personal financial management

How much will you have left over each half year if you adopt the latter course of action?

  Sources of finance for expansion into new foreign markets

A quoted company is considering several long-term sources of finance for expansion into new foreign markets.

  Long term financial planning

This assignment is designed for analyze Long term financial planning begins with the sales forecast and the key input in the long term fincial planning.

  Explain the role of fincial manager

This assignment explain the role of fincial manager, function of manger. And what are the motives of financial manager.

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