Flaxco purchases inventory from overseas and incurs the following costs: the cost of the merchandise is $50,000, credit terms are 2/10, n/30 that apply only to the $50,000; fob shipping point freight charges are $1,500; insurance during transit is $500; and import duties are $1,000. flaxco paid within the discount period and incurred additional costs of $1,200 for advertising and $5,000 for sales commissions. compute the cost that should be assigned to the inventory.
$50,000
$53,000
$52,000
$51,500
$53,200
Answers: 2
Business, 21.06.2019 15:50
2. you take $100 you had kept under your mattress and deposit it on your bank account. if this $100 stays in the banking system as reserves and if banks hold reserves equal to 10% of deposits, by how much does the total amount of deposits in the banking system increase? by how much does the money supply increase?
Answers: 3
Business, 22.06.2019 03:10
Beswick company your team is allocated a project involving a major client, the beswick company. although the organization has many clients, this client, and project, is the largest source of revenue and affects the work of several other teams in the organization. the project requires continuous involvement with the client, so any problems with the client are immediately felt by others in the organization. jamie, a member of your team, is the only person in the company with whom this client is willing to deal. it can be said that jamie has:
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Business, 22.06.2019 05:00
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Answers: 2
Business, 22.06.2019 10:00
Your father offers you a choice of $120,000 in 11 years or $48,500 today. use appendix b as an approximate answer, but calculate your final answer using the formula and financial calculator methods. a-1. if money is discounted at 11 percent, what is the present value of the $120,000?
Answers: 3
Flaxco purchases inventory from overseas and incurs the following costs: the cost of the merchandis...
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