This topic contains a solution. Click here to go to the answer

Author Question: Goods purchased for resale are called merchandise inventory. Indicate whether the statement is true ... (Read 108 times)

Marty

  • Hero Member
  • *****
  • Posts: 553
Goods purchased for resale are called merchandise inventory.
  Indicate whether the statement is true or false

Question 2

Find the trade discount amount for an order of merchandise with a list price of 25,000 less trade discounts of 30/25/10.
 A) 11,812.50
  B) 187.50
  C) 13,187.50
  D) 12,418.25



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

blakcmamba

  • Sr. Member
  • ****
  • Posts: 335
Answer to Question 1

TRUE

Answer to Question 2

C




Marty

  • Member
  • Posts: 553
Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review


Hdosisshsbshs

  • Member
  • Posts: 315
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

For a complete list of videos, visit our video library