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 230 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?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Did you know?

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

Did you know?

Illness; diuretics; laxative abuse; hot weather; exercise; sweating; caffeine; alcoholic beverages; starvation diets; inadequate carbohydrate consumption; and diets high in protein, salt, or fiber can cause people to become dehydrated.

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Connect a fused jumper wire to supply 12 volts to terminal 86 and a ground to terminal 85 of the ... Connect a fused jumper wire to supply 12 volts to terminal 86 and a ground to terminal 85 of the ...
Percentage of Americans Living in Communities with a Fluoridated Water Supply, by State. 2012 Percentage of Americans Living in Communities with a Fluoridated Water Supply, by State. 2012
Who's Policing the Food Supply? Who's Policing the Food Supply?
Business Math Business Math
Business Math Question Business Math Question
Representatives of major orders of placental mammals Representatives of major orders of placental mammals
Video: Cortisol (protein catabolism, gluconeogenesis, vasoconstriction & anti-inflammation)

For a complete list of videos, visit our video library