Contemporary Furnishings received an invoice on April 18 from Palliser Furniture. The invoice for $18,976.45 was dated
Question:
a. What is the balance after a payment of $10,000 on May1?
b. What additional payment on May15 will settle the account?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
a May 1 falls 15 daysafter April 16 The 10...View the full answer
Answered By
Hassan Imtiaz
The following are details of my Professional Experience. Responsibilities Eight years of demanding teaching experience in the field of finance and business studies at Master’s Level. Completion of the given tasks within given time with quality and efficiency. Marketing professional with practical experience in and solid understanding of a diverse range of management applications, including market analysis, sales and marketing, team building and quality assurance. I have excellent skills to approach deal and sustain corporate clients / customers by demonstrating not only extraordinary communication and interpersonal skills but also high caliber presentation, negotiation and closing skills. Manage and follow up the day-to-day activities. Manage and co-ordinate the inventories. Fulfillment of all the tasks assigned.
The following are details of my Areas of Effectiveness. Finance 1. Corporate Finance 2. Advanced Corporate Finance 3. Management of Financial Institutions 4. International Financial Management 5. Investments 6. Fixed Income 7. Real Estate Investment 8. Entrepreneurial Finance 9. Derivatives 10. Alternative Investments 11. Portfolio Management 12. Financial Statement Analysis And Reporting (US GAAP & IFRS) 13. International Financial Markets 14. Public Finance 15. Personal finance 16. Real estate 17. Financial Planning Quantitative Analysis 1. Time Value Of Money 2. Statistics 3. Probability Distribution 4. Business Statistics 5. Statistical Theory and Methods Economics 1. Principles of Economics 2. Economic Theory 3. Microeconomic Principles 4. Macroeconomic Principles 5. International Monetary Economics 6. Money and Banking 7. Financial Economics 8. Population Economics 9. Behavioral Economics International Business 1. Ethics 2. Business Ethics 3. An introduction to business studies 4. Organization & Management 5. Legal Environment of Business 6. Information Systems in Organizations 7. Operations Management 8. Global Business Policies 9. Industrial Organization 10. Business Strategy 11. Information Management and Technology 12. Company Structure and Organizational Management Accounting & Auditing 1. Financial Accounting 2. Managerial Accounting 3. Accounting for strategy implementation 4. Financial accounting 5. Introduction to bookkeeping and accounting Marketing 1. Marketing Management 2. Professional Development Strategies 3. Business Communications 4. Business planning 5. Commerce & Technology Human resource management 1. General Management 2. Conflict management 3. Leadership 4. Organizational Leadership 5. Supply Chain Management 6. Law 7. Corporate Strategy Creative Writing 1. Analytical Reading & Writing Other Expertise 1. Risk Management 2. Entrepreneurship 3. Management science 4. Organizational behavior 5. Project management 6. Financial Analysis, Research & Companies Valuation 7. And any kind of Excel Queries
4.80+
150+ Reviews
230+ Question Solved
Related Book For
Question Posted:
Students also viewed these Accounting questions
-
Use lHospitals rule where applicable to find each limit. lim In(ex + 1) 5x
-
Give an example of a retailer that participates in an independent (conventional) supply chain and one involved in a vertical marketing system. Discuss the advantages and disadvantages of each?
-
When is multiple regression required to explain cost behavior?
-
Contemporary Furnishings received an invoice on April 18 from Palliser Furniture. The invoice for $18,976.45 was dated April 16 with terms 2/15, 1/30, n/45. a. What is the balance after a payment of...
-
A container of car antifreeze is supposed to hold 3785mL of the liquid. Realizing that fluctuations are inevitable, the quality-control manager of the Taconic Chemical Company wants to be quite sure...
-
Earleton Manufacturing Company has $3 billion in sales and $582,000,000 in fixed assets. Currently, the company's fixed assets are operating at 80% of capacity. What level of sales could Earleton...
-
An invoice for $3868, dated June 26, had terms 2/10, 1/20, n/45. What amount was credited for: a. A payment of $1000 on July 5? b. Apaymentof$1000onJuly16? c. A payment of $1000 on August 10?
-
Mayfair Distributors sent Bed n Bath an invoice dated December 23 for $5344.90 with terms 2/10, 1/20, n/30. The penalty on overdue accounts is 11/2 % of the overdue balance. a. What is the balance...
-
Amanda Company reports the following total costs at two levels of production. Classify each cost as variable, fixed, or mixed. 5,000 Units 10,000 Units Indirect labor Property taxes Direct labor...
-
What are the main objectives of Inventory ?
-
Porter's Five Forces analysis on " MAZATLN: THE DESTINATION THAT DID NOT LIKE ITS BRAND". Explain thoroughly well. Please provide resources used.
-
Explain the various inventory management techniques in detail.
-
How to find the peaks of an environment in high resolution spectrum?
-
What is Nuclear Magnetic Resonance and what are the factors affecting NMR?
-
Suppose you are asked to estimate the volume of a football. You measure and find that a football is 28 cm long. You use a piece of string and measure the circumference at its widest point to be 53...
-
$10,000 was borrowed at 3.5% on July 17. The borrower repaid $5000 on August 12, and $2000 on September 18. What final payment is required on November 12 to fully repay the loan?
-
Why is the first stage of the allocation process in activity-based costing often based on inter- views?
-
When activity-based costing is used, why do manufacturing overhead costs often shift from high-volume products to low-volume products?
-
How can the activity rates (i.e., cost per activity) for the various activities be used to target process improvements?
-
Cash Flows from (Used for) Operating Activities The net income reported on the income statement for the current year was $266,500. Depreciation recorded on equipment and a building amounted to...
-
Ritter Razors is considering an equipment investment that will cost $940,000. Projected net cash inflows over the equipment's three-year life are as follows: Year 1: $488,000; Year 2: $396,000; and...
-
The following CVP income statements are available for Blanc Company and Noir Company. Blanc Company Noir Company Sales $530,000 $530,000 Variable costs 318,000 265,000 Contribution margin 212,000...
Study smarter with the SolutionInn App