Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 30, 2024

Worksie Co. purchased on account merchandise with a list price of $90,000. Payment terms were 115, 1/45. If collection occurs within 18 days, what discount

Worksie Co. purchased on account merchandise with a list price of $90,000. Payment terms were 115, 1/45. If collection occurs within 18 days, what discount will Worksie Co recognize on the merchandise? Multiple Choice 5900 $13,500 so 5500

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

Step: 3

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

Frank Woods Business Accounting Volume 1

Authors: Frank Wood, Alan Sangster

11th Edition

0273712128, 978-0273712121

More Books

Students also viewed these Accounting questions

Question

★★★★★

The 2013 sales forecast for Clearwater Development Co. is $150 million. Interest expense will not change in the coming year. Use Clearwaters 2012 income statement ($ in thousands) presented below to...

Answered: 1 week ago

Question

★★★★★

3.16. According to the U.S. Bureau of the Census, 2005 American Community Survey, the median earnings in the past 12 months was $32,168 for females and $41,965 for males, whereas the mean was $39,890...

Answered: 1 week ago

Question

★★★★★

=+b) Create a p chart for these samples.

Answered: 1 week ago

Question

★★★★★

Explain the term business without boundaries. How is this changing the nature of organizations and who accomplishes various business processes?

Answered: 1 week ago

Question

★★★★★

Do you believe the say on pay rule is likely to have an effect on compensation packages of corporate executives?

Answered: 1 week ago

Question

★★★★★

You and your best friend, Angelo started working at Microsoft at the same time last year on January 1, 2022. You know that he is much stronger than you at negotiating and you believe he makes more...

Answered: 1 week ago

Question

★★★★★

1. Describe the main purpose of demand forecasting. 2. Explain the different types of forecasting. 3. List out the steps involved in forecasting? 4. Discuss the time series analysis?

Answered: 1 week ago

Question

★★★★★

1. Review existing strategies implemented at Volvo for Green Building and Energy Technology. (1 point and explanation) 2. Share findings on adequacy, sufficiency, and appropriateness (1 point and...

Answered: 1 week ago

Question

★★★★★

You have been hired as a Restaurant Manager for a new restaurant in downtown Toronto. The owner, Mr. McDavid, has come to you with a request to incorporate sustainability within the business, both...

Answered: 1 week ago

Question

★★★★★

1. Discuss the seven factors that should be addressed when making the business case for a new Information System. There are seven factors that should be addressed when making the business case for a...

Answered: 1 week ago

Question

★★★★★

What condition could cause a properly installed and maintained hood system to fail to control a fire? Use of blow of caps on nozzles Installation of a pre-engineered system A buildup of grease in the...

Answered: 1 week ago

Question

★★★★★

What are the advantages and disadvantages of flextime?

Answered: 1 week ago

Question

★★★★★

What could Kathy have done to keep the situation from occurring?

Answered: 1 week ago

Question

★★★★★

How can Seaview improve their benefits communication? Discuss.

Answered: 1 week ago

Previous Question Next Question