A purchase of goods is made with a list price of $4,110.00, a trade discount of 10%, and credit terms of 3/15, n/30 . If the invoice is not paid within the discount period, the amount that would be paid would be
a. $4,110.00;
b. $3,699.00; c. $3,986.70; d. $3,588.03; e. $3,575.70
B
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The horizontal analysis shows that cost of goods sold has ________. (Round your answer to two decimal places.)
MacMan, Inc. reported the following data:
A) increased by 27.91%
B) decreased by 27.91%
C) increased by 34.80%
D) decreased by 34.80%
Which one of the following is part of prevention costs?
A) the costs of quality audits B) the costs resulting from scrap C) the costs of improving process design and product design D) the costs of lawsuits from injury from use of the product
Spark Company's static budget is based on a planned activity level of 51,000 units. At the same time the static budget was prepared, the management accountant prepared two additional budgets, one based on 46,000 units and one based on 56,000. The company actually produced and sold 55,000 units. In evaluating its performance, management should compare the company's actual revenues and costs to which of the following budgets?
A. A budget based on 51,000 units B. A budget based on 46,000 units C. A budget based on 55,000 units D. A budget based on 56,000 units
In the historic tripod approach to economic security, how much of an individual's economic security was the employer anticipated to provide?
A) 1/4 B) 1/3 C) 1/2 D) 3/4