On June 1, 2020, Sheffield Corp. sold merchandise with a list price of $76500 to Ivanhoe on account. Sheffield allowed trade discounts of 30% and 20%. Credit terms were 3/15, n/40 and the sale was made f. o.b. shipping point. Sheffield prepaid $950 of delivery costs for Ivanhoe as an accommodation. On June 12, 2020, Sheffield received from Ivanhoe a remittance in full payment amounting to .

Which of the following best describes the purpose of raising and lowering the required reserve ratio? a. to make sure that government spending does not result in either a surplus or deficit. b. to stimulate economic growth by making it less expensive for producers to get loans. c. to manage the economy by increasing or decreasing the amount of loans being made. d. to regulate the activity of private banks to assure an equitable distribution of wealth. 2b2t

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Frugala is when sylvestor puts $2,000 into 10-year state bonds and $3,000 into 5-year aaa-rated bonds in steady hand hardware, inc. he buys the four state bonds at a 5 percent interest rate and the three steady hand bonds at a 6.5 percent rate. sylvestor also buys $1,500 worth of blue chip stocks, and $800 worth of stock in a promising new sportswear company that reinvests its earnings in new growth. 1. (a) what is the maturity for each of the bond groups sylvestor buys? (b) the coupon rate? (c) the par value?