Explain the difference between a Trade discount and Cash discount?

Answers

Answer 1

The key difference between trade discount and cash discount is that trade discount refers to the reduction in list price known as discount, allowed by a supplier to the consumer while selling the product generally in bulk quantities to concerned consumer, whereas, cash discount is discount given by the supplier on its cash payments to recover the cash debts on time as it motivates the buyer to pay cash early as they are given discount if they pay within the stipulated time.

Answer 2

Answer:

Explanation:

A trade discount is one that is allowed by the wholesaler to the retailer, calculated on the list price of the product, whereas cash discount is allowed to stimulate instant payment of the goods purchased. The main difference between trade discount and cash discount is that ledger account is opened for a cash discount, but no for a trade discount.

Related Questions

Darin Company purchased a truck and trailer for $54,000. The appraised values of the truck and trailer are $19,000 and $38,000, respectively. What is the amount of the cost that should be assigned to the truck?

Answers

18,000 is the correct answer

What is the effective annual rate for an APR of 10.80 percent compounded quarterly?

Answers

Answer:I think its 11.89

Explanation:

O entendimento das relações de interdependência entre os diversos componentes de uma organização é uma das competências centrais do gestor na atualidade. Ela é regularmente conhecida como:

Answers

Answer:

Administración.

Explanation:

La administración es la gestión integral de una empresa u otra organización, como una organización sin fines de lucro o gubernamental. El objetivo de la administración es formular y lograr los objetivos de la empresa en el contexto dado (a veces muy cambiante). Para alcanzar los objetivos son importantes: determinación de la estrategia, gestión financiera, uso de factores productivos, marketing, innovación y política de personal.

Answer:

Administración

Explanation:

O entendimento das relações de interdependência entre os diversos componentes de uma organização é uma das competências centrais do gestor na atualidade. Ela é regularmente conhecida como: Administración

A stock index currently stands at 107. The risk-free interest rate is 8.75% per annum (with continuous compounding) and the dividend yield on the index is 2.75% per annum. What should the futures price for a 6-month contract be? (Answer with two decimal accuracy. Example: 132.06)

Answers

Answer: $110.25

Explanation:

Futures price is calculated by the formula:

= Strike price * e ^ (risk free interest rate - dividend yield) * annualized time to expiry

= 107 * e^(8.75% - 2.75%) * 6/12 months

= $110.25

Paano
maisaalang-
alang ang etika
sa pagbuo ng
teknikal-
bokasyunal na
paunawa/babala/
anunsiyo?

Answers

Answer:

ewan

Explanation:

ewan ko lng

hope it help joke

Gurl what sorry I don’t under stand

If a small company invests its annual profits of $150,000 in a stock fund which earns 18% per year, the amount in the fund after 10 years will be nearest to:

Answers

Answer:

the amount in the fund after 10 years will be $785,075.04

Explanation:

The computation of the amount after 10 years is shown below"

As we know that

Future value = Present value × (1 + rate of interest)^number of years

= $150,000 × (1 + 0.18)10

= $785,075.04

Hence, the amount in the fund after 10 years will be $785,075.04

One difference between a perfectly competitive firm and a monopoly is that a perfectly competitive firm produces where Group of answer choices

Answers

Answer: Nooo

Explanation:

Dave's Duds reported cost of goods sold of $1,600,000 this year. The inventory account increased by $130,000 during the year to an ending balance of $465,000. What was the cost of merchandise that Dave's purchased during the year?

Answers

Answer:

$1,730,000

Explanation:

Calculation to determine the cost of merchandise that Dave's purchased during the year

COGS $1,600,000

Add: Increase in inventories $130,000

Purchases $1,730,000

($1,600,000+$130,000)

Therefore the cost of merchandise that Dave's purchased during the year is $1,730,000

The real risk-free rate of interest is 3 percent. Inflation is expected to be 4 percent this coming year, jump to 5 percent next year, and increase to 6 percent the year after (Year 3). Assume maturity risk premium is zero, what should be the interest rate on 2-year, treasury securities today

Answers

Answer: 7.5%

Explanation:

Interest rate on 2 year treasury security:

= Real interest rate + Average inflation rate + Maturity risk premium

Average inflation rate = (Inflation rate coming year + Inflation rate next year) / 2

= (4% + 5%) / 2

= 4.5%

Interest rate on 2-year treasury security is:

= 3% + 4.5% + 0%

= 7.5%

One year ago, Peyton purchased 7,200 shares of Broncos stock for $329,640. Today, he sold those shares for $58.92 a share. What is the total return on this investment if the dividend yield is 2.2 percent

Answers

Answer:

30.90%

Explanation:

total return = dividend yield + price appreciation

price appreciation = (current price per share / previous price per share) - 1

Previous price per share = $329,640 / 7,200 = $45.78

price appreciation = ( $58.92 / $45.78) - 1 = 0.287 = 28.70%

total return = 28.70% + 2.2% = 30.90%

Suppose you know a company's stock currently sells for $31 per share and the required return on the stock is 0.13. You also know that the required return is evenly divided between the capital gains yield (G) and the dividend yield (D1/P0) (this means that if the required retun is 9%, the capital gains yield is 4.5% and the dividend yield is 4.5%).If it's the company's policy to always maintain a constant growth rate in its dividends, what is the current dividend per share? Answer with 2 decimals (e.g. 1.23)

Answers

Answer:

The current dividend per share = 1.89

Explanation:

13% = {[Dividend * (1 + g)] / $31} + g

g = 13% / 2 = 6.5%

13% = {[Dividend * (1 + 6.5%)] / $31} + 6.5%

6.5% = Dividend * (1 + 6.5%)] / $31

$31 * 6.5% = Dividend * (1 + 6.5%)

$2.015 / 1.065 = Dividend

Dividend = $1.89

How does understanding individual behaviour help authentic leaders overcome challenges in organisations? Provide an example in your response.

Answers

Answer:

To understand the behavior and skill set of the individual

Explanation:

Understanding individual behaviour helps leaders to understand how these people can be useful in contributing to the growth of the team and organization.

It also helps leader to understand the interpersonal skills of an individual being so that there are no issues due to the behavioral aspect with in the team.

Uncertainties in the supply chain can lead to: _____________

a. strategic changes in production plans
b. increases in inventory across all tiers
c. declines in production
d. a reduction in safety stocks
e. the bullwhip effect

Answers

Answer:

e. the bullwhip effect

Explanation:

Supply chain management can be defined as the effective and efficient management of the flow of goods and services as well as all of the production processes involved in the transformation of raw materials into finished products that meet the insatiable want and need of the consumers.

Generally, the supply chain management involves all the activities associated with planning, execution and supply of finished goods and services to the consumers.

Therefore, the fundamental principle on which supply chain management is reliant on, is the complete collaboration between multiple firms. These multiple firms include a company that is saddled with the responsibility of manufacturing producer), a wholesaler, and a retailer who typically sells the products to the customers or consumers.

Basically, these three (3) firms or individuals are required to collaborate with each other so as to meet the needs of the customers in a timely manner or fashion and at a fair price too.

However, uncertainties or fluctuations in the supply chain can lead to the bullwhip effect.

The bullwhip effect is also referred to as the Forrester effect and it can be defined as the increasing inefficient allocation of resources or inventory fluctuations (distortions) due to changes in demand with respect to the upward movement in supply chain i.e from the retailer to wholesaler and to the manufacturer. Thus, this inaccurate assessment of the demands of consumers leads to uncertainties or fluctuations in the supply chain, especially a decrease in the accuracy of the forecast made by a manufacturer (supplier).

Find the present value of $7,000 in 7 months at 9% interest

Answers

Answer:

[tex] = principle \times rate \times time \\ = 7000 \times \frac{9}{100} \times 7 \\ = 4410 \: dollars[/tex]

The final balance is $7,375.87.
The total compound interest is $375.87.

You consider buying a share of stock at a price of $12. The stock is expected to pay a dividend of $1.60 next year, and your advisory service tells you that you can expect to sell the stock in 1 year for $14. The stock's beta is 1.2, rf is 15%, and E[rm] = 25%. What is the stock's abnormal return?

Answers

Answer:

Explanation:

The computation of the abnormal return of the stock is shown below:

= Rf + Beta (Rm - Rf)

= 15% + 1.2 (25% - 15%)

= 15% + 12%

= 27%

Now actual return is

=[ $1.60 + ($14 - $12)] ÷ $12

= 0.3

= 30%

ANd, finally the abnormal return is

= 30% - 27%

= 3%

E-Eyes has a new issue of preferred stock it calls 20/20 preferred. The stock will pay a $20 dividend per year, but the first dividend will not be paid until 20 years from today. If you require a return of 9.75 percent on this stock, how much should you pay today

Answers

Answer:

You would pay approximately $35.00 today

Explanation:

The cost of the stock at the beginning of the year 20

= 20/9.75%

= 20/0.0975

= 205.13 dollars

We find the current price of the stock

= Fv/(1+r)^n

= 205.13/(1+9.75%)¹⁹

= 205.13/1.0975¹⁹

= 205.13/5.86

= $35.00

From this calculation you have to pay 35 Dollars today.

Consider the telecommunications, networking, and wireless technologies you use today as a consumer and student. Does your comfort level with changes in these technologies in your personal life influence how comfortable you would be with adapting to new technologies in the workplace? Why or why not?

Answers

Answer:

Yes, people´s comfort level with changes in technology in their personal lives has a great influence over how comfortable they can be with adapting to new technologies in the workplace.

Explanation:

Telecommunications, networking, and wireless technologies are used regularly by most students, as those who are in studying years have grown with those technologies already developed. However, the rapid changes in technology that are common these days can become quite overwhelming, as they require users to constantly readapt to them. For example, our use of email has changed so much in the past years, with so many new lines of communication and new softwares that one has to learn how to use. And the more we get used to readapting, the more comfortable we can be when those changes become part of the workplace. It´s important to be prepared and to have the proper training to ensure the effective use of technology in such a fast-paced technological era.

Cool Sky reports the following costing data on its product for its first year of operations. During this first year, the company produced 42,000 units and sold 34,000 units at a price of $120 per unit.
Manufacturing costs
Direct materials per unit $ 48
Direct labor per unit $ 18
Variable overhead per unit $ 6
Fixed overhead for the year $ 420,000
Selling and administrative cost
Variable selling and administrative cost per unit $ 12
Fixed selling and administrative cost per year $ 110,000
1a. Assume the company uses absorption costing. Determine its product cost per unit.
1b. Assume the company uses absorption costing. Prepare its income statement for the year under absorption costing.
2a. Assume the company uses variable costing. Determine its product cost per unit.
2b.
Assume the company uses variable costing. Prepare its income statement for the year under variable costing.

Answers

Answer:

1a. Product cost per unit if absorption costing is used by the company is $82 per unit.

1b. Net operating income if absorption costing is used by the company is $774,000.

2a. Product cost per unit if variable costing is used by the company is $72 per unit.

2b. Net operating income if variable costing is used by the company is $694,000.

Explanation:

1a. Assume the company uses absorption costing. Determine its product cost per unit.

Fixed overhead per unit = Fixed overhead for the year / Units produce for the year = $420,000 / $42,000 = $10

Product cost per unit = Direct materials per unit + Direct labor per unit + Variable overhead per unit + Fixed overhead per unit = $48 + $18 + $6 + $10 = $82

Therefore, product cost per unit if absorption costing is used by the company is $82 per unit.

1b. Assume the company uses absorption costing. Prepare its income statement for the year under absorption costing.

Note: See number 1b of the attached excel file for the income statement for the year under absorption costing.

From number 1b of the attached excel file, we have:

Net operating income = $774,000

Therefore, net operating income if absorption costing is used by the company is $774,000.

2a. Assume the company uses variable costing. Determine its product cost per unit.

Product cost per unit = Direct materials per unit + Direct labor per unit + Variable overhead per unit = $48 + $18 + $6 = $72

Therefore, product cost per unit if variable costing is used by the company is $72 per unit.

2b. Assume the company uses variable costing. Prepare its income statement for the year under variable costing.

Note: See number 2b of the attached excel file for the income statement for the year under variable costing.

From number 2b of the attached excel file, we have:

Net operating income = $694,000

Therefore, net operating income if variable costing is used by the company is $694,000.

nature of human resources

Answers

Answer:

Explanation: Personnel Activities or Functions: Human Resource Management involves several functions concerned with the management of people at work. It includes manpower planning, employment, placement, training, appraisal and compensation of employees

A separate company unit responsible for its own cost and revenue is referred to as which of the following?

Answers

Answer:

forming a work team. A company unit responsible for its own costs and profits is referred to as______ -departmentalization. -specialization.

pls mark me the brainliest

The financial statement effects of the payment of a cash dividend (on the date of payment for a previously declared dividend) include:_________.

Answers

Answer:

The financial statement effects of the payment of a cash dividend (on the date of payment for a previously declared dividend) include:_________.

a. Cash (Current Asset) is decreased.

b. Dividends Payable (Current Liability) is decreased.

Explanation:

The journal entry debits the Dividends Payable account and credits the Cash account. This reduces the dividends payable and the cash accounts respectively by the same amount. Therefore, current assets and current liabilities are decreased. The effects of the cash payment are on the Balance Sheet and Statement of Cash Flows only.

Consider single-server Q with LIFO (last-infirst-out) services. Suppose that three customers show up at times 5, 6, and 8, and that they all have service times of 4. When does customer 2 leave the system?

a. 3
b. 9
c. 13
d. 17
e. 19a

Answers

Answer:

d. 17

Explanation:

The computation is shown below;

Here the time started i.e. t=0

Therefore there was no customer upto t=5 hour

At t=5

The client first came and as there was no other customer available so we begins service to customer 1

Now

As service off is 4 hour so service to client 1 will end at

t=9 hour.

Also mid-time at t = 6

That means the client 2 came and at t = 8 the client 3 came.

Now at t = 9 the service begins for client 3 and end at t = 13 ( 9 + 4)

At t=13 hour, so after four hours it should be 17

Ravelo Corporation has provided the following data from its activity-based costing system:
Activity Cost Pools Estimated Overhead Cost Expected Activity Assembly
$ 498,520 44,000
machine-hours Processing orders $ 54,263 1,100
orders Inspection $ 77,589 1,110
inspection-hours Data concerning the company's product L19B appear below:
Annual unit production and sales 430
Annual machine-hours 990
Annual number of orders 70
Annual inspection hours 20
Direct materials cost $ 37.74 per unit
Direct labor cost $ 10.45 per unit
According to the activity-based costing system, the unit product cost of product L19B is closest to:_________
(Round your intermediate calculations to 2 decimal places.)

Answers

Answer:

$85.56 per unit

Explanation:

Assembly = $498,520 / 44,000 Machine hours

Assembly = $11.33 per machine hour

Processing orders = $54,263 / 1,100 Orders

Processing orders = $49.33 per processing orders

Inspection = $77,589 / 1,100 Inspections

Inspection = $70.54 per inspections

Total Overhead Costs = [990*$11.33] + [70*$49.33] + [20*$70.54]

Total Overhead Costs = $11,217 + $3,453 + $1,411

Total Overhead Costs = $16,081

Overhead Cost per unit = Total Overhead cost / Number of units produced

Overhead Cost per unit = $16,081 / 430 Units

Overhead Cost per unit = $37.37 Per unit

Step-3, Average cost of product L19B

Unit cost of product L19B = Direct Material cost per unit + Direct Labor cost per unit + Overhead costs per unit

Unit cost of product L19B = $37.74 + $10.45 + $37.37

Unit cost of product L19B = $85.56 per unit

Andy Tyre manages Tyre's Wheels, Inc. Andy has received an order for 1000 standard wheels and 1200 deluxe wheels for next month, and for 750 standard wheels and 1000 deluxe wheels the following months. He must fill all the orders. The cost of regular time production for standard wheels is $25 and for deluxe wheels, $40. Overtime production costs 50% more. For each of the next two months there are 1000 hours of regular time production and 500 hours of overtime production available. A standard wheel requires .5 hour of production time and a deluxe wheel, .6 hour. The cost of carrying a wheel from one month to the next is $2.
a) Define the decision variables and objective function for this problem.
b) Write the constraints for this problem.

Answers

Answer:

A) S1R = The number of standard wheels that are produced on regular time production in the first month

S1O = The number of standard wheels that are produced on overtime production in the first month

S2R = The number of standard wheels that are produced on regular time production in the second month

S2O = The number of standard wheels that are produced on overtime production in the second month

D1R = The number of deluxe wheels that are produced on regular time in the first month

D1O = The number of deluxe wheels that are produced on overtime time in the first month

D2R = The number of deluxe wheels that are produced on regular time in the second month

D2O = The number of deluxe wheels that are produced on overtime time in the second month

Y1 = The number of standard wheels that are stored from the first month to the second month.

Y2 = The number of deluxe wheels that are stored from the first month to the second month.

B) S1R + S1O – Y1 = 1000

D1R + D1O – Y2 = 1200

S2R + S2O + Y1 = 750

D2R + D2O + Y2 = 1000

0.5 S1R + 0.6 D1R ≤ 1000

0.5 S2R + 0.6 D2R ≤ 1000

0.5 S1O + 0.6 D1O ≤ 500

0.5 S2O + 0.6D2O ≤ 500

Explanation:

A) Let's first define the decision variables and objective functions;

S1R = The number of standard wheels that are produced on regular time production in the first month