subject
Business, 01.09.2021 20:10 kae97

Lamplight Plus sells lamps to consumers. The company contracts with a supplier who provides them with lamp fixtures. There is an agreement that Lamplight Plus is not required to provide cash payment immediately and instead will provide payment within thirty days of the invoice date. Additional information: Lamplight purchases 30 light fixtures for $25 each on August 1, invoice date August 1, with no discount terms. Lamplight returns 5 light fixtures (receiving a credit amount for the total purchase price per fixture of $25 each) on August 3. Lamplight purchases an additional 20 light fixtures for $20 each on August 19, invoice date August 19, with no discount terms. Lamplight pays $130 toward its account on August 22. What amount does Lamplight Plus still owe to the supplier on August 30

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 01:30
For each example identify the most appropriate ctso
Answers: 3
question
Business, 22.06.2019 11:40
The following pertains to smoke, inc.’s investment in debt securities: on december 31, year 3, smoke reclassified a security acquired during the year for $70,000. it had a $50,000 fair value when it was reclassified from trading to available-for-sale. an available-for-sale security costing $75,000, written down to $30,000 in year 2 because of an other-than-temporary impairment of fair value, had a $60,000 fair value on december 31, year 3. what is the net effect of the above items on smoke’s net income for the year ended december 31, year 3?
Answers: 3
question
Business, 22.06.2019 12:20
Bdj co. wants to issue new 22-year bonds for some much-needed expansion projects. the company currently has 9.2 percent coupon bonds on the market that sell for $1,132, make semiannual payments, have a $1,000 par value, and mature in 22 years. what coupon rate should the company set on its new bonds if it wants them to sell at par?
Answers: 3
question
Business, 22.06.2019 21:20
Which of the following best describes vertical integration? a. produce goods or services previously purchasedb. develop the ability to produce products that complement the original productc. develop the ability to produce the specified good more efficiently than befored. build long term partnerships with a few supplierse. sell products to a supplier or a distributor
Answers: 2
You know the right answer?
Lamplight Plus sells lamps to consumers. The company contracts with a supplier who provides them wit...
Questions
question
History, 20.04.2021 19:50
question
Mathematics, 20.04.2021 19:50
question
Mathematics, 20.04.2021 19:50
Questions on the website: 13722367