The inventory received on a purchase order was paid for within 20 days of the purchase. Payment terms on invoice were 2% 10, Net 30. 1. DR A/C #20000 Accounts Payable
CR A/C #10100 Checking
CR A/C #54599 Less Discounts Taken
2. DR A/C #20000 Accounts Payable
CR A/C #50100 Cost of Goods Sold
3. DR A/C # 20000 Accounts Payable
CR A/C #10100 Checking
4. DR A/C #50100 Cost of Goods Sold
CR A/C #10100 Checking

Boone brothers remodels homes and replaces windows. ace builders constructs new homes. if boone brothers considers expanding into new home construction, it should evaluate the expansion project using which one of the following as the required return for the project?

The following information is for alex corp: product x: revenue $12.00 variable cost $4.50 product y: revenue $44.50 variable cost $9.50 total fixed costs $75,000 what is the breakeven point assuming the sales mix consists of two units of product x and one unit of product y?

The basic difference between macroeconomics and microeconomics is that: a. microeconomics looks at the forest (aggregate markets) while macroeconomics looks at the trees (individual markets). b. macroeconomics is concerned with groups of individuals while microeconomics is concerned with single countries. c. microeconomics is concerned with the trees (individual markets) while macroeconomics is concerned with the forest (aggregate markets). d. macroeconomics is concerned with generalization while microeconomics is concerned with specialization.