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

Author Question: Thom has a culinary supply business. He orders pots and pans from a manufacturer and he takes ... (Read 229 times)

kellyjaisingh

  • Hero Member
  • *****
  • Posts: 540
on: Jul 14, 2018
Thom has a culinary supply business. He orders pots and pans from a manufacturer and he takes delivery. However, he has up to 10 days to pay the invoice without interest or penalty. This is an example of:
 A) an IPO.
  B) commercial paper.
  C) trade credit.
  D) equity financing.
  E) factoring.

Question 2

Janna owns a business that sells handmade jewelry. Her employees are paid a certain amount for each bracelet and necklace they produce, regardless of the amount of time it takes. This is a:
 A) wage system.
  B) salary system.
  C) quota system.
  D) piece-rate system.
  E) commission plan.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

GCabra

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Jul 14, 2018
Answer to Question 1

C

Answer to Question 2

D


kellyjaisingh

  • Hero Member
  • *****
  • Posts: 540
Reply #2 on: Jul 14, 2018
Thank you :)


GCabra

  • Sr. Member
  • ****
  • Posts: 331
Reply #3 on: Jul 14, 2018
Happy to help you


« previous next »
 

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.

blood supply blood supply
The Greek orders, from James Stuart, The Antiquities of Athens, London. The Greek orders, from James Stuart, The Antiquities of Athens, London.
Suppose a country imports televisions. The country's supply and demand curves are shown in ... Suppose a country imports televisions. The country's supply and demand curves are shown in ...
Suppose the market supply curve is p = 5Q. If price increases from 10 to 15, the change in ... Suppose the market supply curve is p = 5Q. If price increases from 10 to 15, the change in ...
The physician orders pemetrexed (Alimta) 500 mg/m2. The client’s body surface area is 2.14 ... The physician orders pemetrexed (Alimta) 500 mg/m2. The client’s body surface area is 2.14 ...
Business question Business question
Video: Forming urine ( influencing factors), Forming dilute urine & Forming concentrated urine

For a complete list of videos, visit our video library