During the year, a firm purchased $256,900 of merchandise and paid freight charges of $36,870. If the total purchases returns and allowances were $13,690 and purchase discounts were $9,160 for the year, what is the net delivered cost of purchases?
A. $289,240
B. $270,920
C. $197,180
D. $298,300
Answer: B
You might also like to view...
A true statement about an effective internal mechanism of whistle-blowing is that:
A. it should disallow confidentiality and anonymity. B. it must expose unethical behaviors to the press. C. it must strive to protect the rights of the accused party. D. it occurs when employees report wrongdoing to legal authorities.
A company with a high inventory turnover requires a smaller investment in inventory than one producing the same sales with a lower turnover.
Answer the following statement true (T) or false (F)
Managers who believe Theory X assume that workers are basically:
a. nice, friendly people b. lazy, irresponsible, and incapable of taking initiative or making decisions c. driven by X-factors: 10 principles of intrinsic motivation d. motivated but uninformed about modern management theories
The objectives and responsibilities of the modern multinational have grown significantly more complex in the twenty-first century. Develop and argument as to why this is the case
What will be an ideal response?