Based on the following information, what would be recorded as purchases discount if the invoice is paid within the discount period?

1. $5,000 of merchandise inventory was ordered on april 2, 2016.
2. $2,000 of this merchandise was received on april 5, 2016.
3. on april 6, 2016, an invoice dated april 4, 2016, with terms of 2/10, net 30 for $2,150 which included a $150 prepaid freight cost, was received.
4. on april 10, 2016, $500 of the merchandise was returned to the seller.

After discussing the options, the strategic management team has agreed that the pod coffee idea works well with the company's mission statement and decides that the company should move forward in exploring the pod coffee idea. in order to make sure that the pod coffee idea is a good one, and to see if there are other potential future endeavors to pursue, you must analyze the market situation and formulate a strategy. your boss asks you to start working on the pod coffee idea. what is your first stepa. your first step is to formulate a strategy for how to market the pod coffee concept. b. your first step is to consult with your boss and find out what he thinks about the pod coffee idea. c. your first step is to do some research to find out what your competitors are doing. d. your first step is to analyze the organization's strengths, weaknesses, opportunities, and threats.

Zapper has beginning equity of $257,000, net income of $51,000, dividends of $40,000 and investments by stockholders of $6,000. its ending equity is

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