FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Suppose Discount Dollar's Purchases totaled $68,000, Purchase Returns totaled $5, 200. Purchase Allowances totaled $1, 500, Purchase Discounts totaled $2, 800, and Freight In totaled

image text in transcribed

Suppose Discount Dollar's Purchases totaled $68,000, Purchase Returns totaled $5, 200. Purchase Allowances totaled $1, 500, Purchase Discounts totaled $2, 800, and Freight In totaled $5,000. What is Discount Dollar's net purchases? A. $ 63, 500 B. $ 58, 500 C. $ 55,000 D. $ 53, 500

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Health Care Marketing Audit A Complete Guide

Health Care Marketing Audit A Complete Guide

Authors: Gerardus Blokdyk

2020 Edition

0655947469, 978-0655947462

More Books

Students also viewed these Accounting questions

Question

★★★★★
Blair Biotech enters into a licensing agreement with Pang Pharmaceutical for a drug under development. Blair will receive a payment of 10,000,000 if the drug receives regulatory approval. Based on...

Answered: 1 week ago

Question

★★★★★
1663 In Figure P1661 the source and load buses are interconnected by a transmission line with ZW = 8 + j75 = phase. The load at bus 2 draws an average power of P2 = 600 kWat a lagging power factor of...

Answered: 1 week ago

Question

★★★★★
8.25 Exit poll predictions A national television network takes an exit poll of 1400 voters after each has cast a vote in a state gubernatorial election. Of them, 660 say they voted for the Democratic...

Answered: 1 week ago

Question

★★★★★
The Darby Company manufactures and distributes meters used to measure electric power consumption. The company started with a small production plant in El Paso and gradually built a customer base...

Answered: 1 week ago

Question

★★★★★
The Square Foot Grill, Incorporated issued $171,000 of 10-year, 6 percent bonds on January 1, Year 2, at 102. Interest is payable in cash annually on December 31. The straight-line method is used for...

Answered: 1 week ago

Question

★★★★★
Question 1 1 A zero-coupon bond with face value equal to 1000 and maturity in 5 years has a price equal to 931. What is its yield to maturity? (Round your answer to two decimal digits? A. 7,41% B....

Answered: 1 week ago

Question

★★★★★
Given the contents of the receipt.txt file; write a series of piped commands that will read the file and output a count of the number of lines that contain a negative number. receipt.txt Burrito...

Answered: 1 week ago

Question

★★★★★
The Secretary of the Interior recently announced the creation of the "Bring Waldo Home" project. When asked if this project was justified he responded that it would create over 8,000 jobs. Explain...

Answered: 1 week ago

Question

★★★★★
A new member of an agile development team believes it is unfair to track defect counts at the team level when the continuous integration tool identifies the developer associated with each logged...

Answered: 1 week ago

Question

★★★★★
King Builders gets a CIP for a $200 million construction program involving work in 12 states. Construction is expected to last two years. Which of the following suggests that the construction program...

Answered: 1 week ago

Question

★★★★★
When controlling priorities in production scheduling, economies of scope depend on decreasing which of the following costs or times? Group of answer choices Average cost per unit made Average cost to...

Answered: 1 week ago

Question

★★★★★
2 By moving from a reliance on the explicit knowledge of written reports, towards an emphasis on implicit knowledge that can be shared and adapted, how can BP operate this successfully in different...

Answered: 1 week ago

Question

★★★★★
1 What are the likely cultural barriers to developing the learning organization concept in countries other than Anglo-Saxon ones?

Answered: 1 week ago

Question

★★★★★
1 How can BP best protect its unique know-how in view of its policy of allying with other, possibly competing organizations, within its concept of the learning organization?

Answered: 1 week ago

Previous Question Next Question