Ronco's Hardware received an invoice for $10,429.38, dated September 17, with terms 3/10, 2/30, n/45. The hardware store pays the invoice on October 5. How much should be paid?
A) $10,116.50
B) $10,220.79
C) $10,328.18
D) $10,429.38
B
You might also like to view...
How is treasury stock shown on the balance sheet?
a. as an asset b. as a decrease in stockholders' equity c. as an increase in stockholders' equity d. treasury stock is not shown on the balance sheet
During periods of consistently falling prices, the FIFO inventory method will produce the highest possible amount of net income
Indicate whether the statement is true or false
Which of the following is NOT considered to be an act of bankruptcy? A debtor
A) admits at a meeting of his creditors that he is unable to pay his debts B) shows at a meeting of creditors financial statements that show he is insolvent C) gives notice to his creditors that he has suspended payment of his debts D) ceases to meet his liabilities generally as they become due. E) all of the above are considered to be acts of bankruptcy
The selection of an agency to handle a company's international advertising depends on
A. the type of marketing segmentation that the company is opting for. B. the company's usage of advertising material that is prepared in the home country. C. the type of assistance it needs to meet its goals and objectives in foreign markets. D. the media that are permitted to be employed in foreign markets. E. the specific taxes that will be levied against advertising.