subject
Business, 14.10.2020 01:01 Lalagrl

Assume the perpetual inventory method is used. Green Company purchased merchandise inventory that cost $16,100 under terms of 3/10, n/30 and FOB shipping point.
The company paid freight cost of $610 to have the merchandise delivered.
Payment was made to the supplier within 10 days.
All of the merchandise was sold to customers for $23,700 cash and delivered under terms FOB shipping point with freight cost amounting to $410 paid by Green company.
As a result of the above transactions of Green Company, the net cash flow from operating activities was

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 06:40
Self-interest achieve society’s economic goals because producers know which goods consumers want the most. as consumers and producers exercise their freedom to act in their own self-interest, markets will produce the desired goods at the lowest possible cost. consumers and producers both operate based on society’s economic goals. consumers know which goods can be produced at the lowest cost. there is a wide variety of desired goods and services in a market system because producers determine what to produce. consumers change their minds frequently. there is always a need to produce something new and improved. individual wants are diverse. what is produced is ultimately determined by consumers, because if the goods offered are not what consumers want, consumers will not buy them. producers, because they are driven by profits. producers, because they determine what to produce. consumers, because they participate in marketing surveys.
Answers: 2
question
Business, 22.06.2019 12:10
Gwen, a manager at exude apparels inc., received a message from a customer requesting a replacement for a purchased pair of shoes. exude apparels has a clearly stated no-return policy. gwen responded to the customer denying the request in a tactful and clear manner. despite this, the customer submitted a second request. in this scenario, which of the following is an appropriate response to the second request?
Answers: 2
question
Business, 22.06.2019 21:20
Which of the following best explains why buying a house is more beneficial than renting? a. buying is a personal investment while renting involves giving money to the landlord. b. the monthly payments on a mortgage are generally lower than rent on an apartment. c. it's easier to sell a house than it is to get a landlord to break a rental agreement. d. housing prices can go up and down quickly in comparison to the level of rents.
Answers: 1
question
Business, 22.06.2019 22:00
Which of the following is the term for something that you can't live without 1. need 2. want 3. good 4. service
Answers: 1
You know the right answer?
Assume the perpetual inventory method is used. Green Company purchased merchandise inventory that c...
Questions
question
Chemistry, 24.10.2019 15:43
Questions on the website: 13722360