The Photo Express buys cameras and film with an invoice date of May 17. If the terms of sale are 2/15, n/45, find the net date
A) June 1
B) July 18
C) July 16
D) July 1
D
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In general, a country accumulates reserves when the net of its current and capital account transactions shows a deficit
Indicate whether the statement is true or false
Factors to be considered in setting materials standards include all of the following except:
a. Trend of prices of raw materials. b. Historical costs. c. Time necessary to assemble parts. d. New production processes or market developments.
The firm may transfer the accounts receivable to a legally separate entity that issues debt securities to investors. Which of the following is/are true?
a. The firm remits to investors the cash received from customers as those cash receipts occur. b. The firm may be obligated to make payments to investors in securities if the customers fail to make sufficient cash payments to pay the principal and interest on the debt securities. c. The transfer is called securitization, a process that transforms an asset (accounts receivable) into securities held by investors. d. all of the above e. none of the above
Refer to the instruction above. Using the preference matrix approach for selecting suppliers, what is Acme's total weighted score?
A) 100 B) 570 C) 24 D) 590