What is the net amount due on an invoice where the invoice amount is $2,589 and the terms are 2/10, n/45? Assume the invoice is paid within the discount period
A) $2,640.78
B) $2,537.22
C) $2,389.28
D) $2,071.20
B
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______ is defined as the extent to which the members of a culture feel threatened by ambiguous or unknown situations.
a. Power distance b. Uncertainty avoidance c. Individualism-Collectivism d. Masculinity-Femininity
When facing quantity discounts, the EOQ found with the lowest price level is always the lowest total cost plan
Indicate whether the statement is true or false
Your author describes an aspect of the 2007-2009 financial crisis concerning commercial paper and a financial instrument he refers to as an ABCP. Define an ABCP and the role it played in the financial crisis
What will be an ideal response?
Blane indorsed his paycheck in blank and cashed it at a store where he was a well-known customer. The check was then stolen from the store. The store immediately notified Blane's employer, who gave the drawee bank a stop payment order. The thief indorsed the check in a false name and transferred the check to a gas station/convenience store, which took the check in good faith and for value. The
check was dishonored when presented to the drawee bank. Which of the following statements is true? A) The thief was a holder within the Code definition and could negotiate the check. B) The thief could not negotiate the check because he forged the indorsement. C) The gas station/convenience store is entitled to nothing from the drawer of the check. D) The gas station/convenience store could not be a holder in due course because it took the check from a thief.