This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A retailer purchases merchandise with a catalog list price of 30,000 . The retailer receives a 15 ... (Read 101 times)

jake

  • Hero Member
  • *****
  • Posts: 538
on: Jul 5, 2018
A retailer purchases merchandise with a catalog list price of 30,000 . The retailer receives a 15 trade discount and credit terms of 2/10, n/30 . How much cash will be needed to pay this invoice within the discount period?
 a. 30,000
  b. 24,900
  c. 29,400
  d. 24,990

Question 2

Contributed capital is also called ________.
 
  A) paid-in capital
  B) retained earnings
  C) investments
  D) non-current liabilities


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

enass

  • Sr. Member
  • ****
  • Posts: 380
Reply #1 on: Jul 5, 2018
Answer to Question 1

d

Answer to Question 2

A


jake

  • Member
  • Posts: 538
Reply 2 on: Jul 5, 2018
Wow, this really help

ASDFGJLO

  • Member
  • Posts: 335
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Biochemistry List of Usefullness Biochemistry List of Usefullness
How Orbital Eccentricity Changes the Amount of Solar Radiation Earth Receives How Orbital Eccentricity Changes the Amount of Solar Radiation Earth Receives
A well-folded letter fits easily into the envelope and is easily removed by the person who receives ... A well-folded letter fits easily into the envelope and is easily removed by the person who receives ...
ICD-10-CM Tabular List ICD-10-CM Tabular List
Example of Tabular List organization levels and formatting. Example of Tabular List organization levels and formatting.
Conversion List Conversion List
Video: The Nerve Impulse

For a complete list of videos, visit our video library