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 232 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?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Did you know?

Sildenafil (Viagra®) has two actions that may be of consequence in patients with heart disease. It can lower the blood pressure, and it can interact with nitrates. It should never be used in patients who are taking nitrates.

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

The mammalian heart and the route blood takes through it. The mammalian heart and the route blood takes through it.
Blocked at every turn by congressional Republicans who hated him, President Obama turned to techniqu Blocked at every turn by congressional Republicans who hated him, President Obama turned to techniqu
Classic Supply - Demand Curve Classic Supply - Demand Curve
Subsurface mining takes place in underground tunnels Subsurface mining takes place in underground tunnels
Who's Policing the Food Supply? Who's Policing the Food Supply?
International Business Management International Business Management
Video: Contraction and Relaxation Animation

For a complete list of videos, visit our video library