How much would the gross profit be on the entire shipment

Assignment Help Accounting Basics
Reference no: EM133143357

Question - If a computer company bought computers for $10,000 and sold them for $16,000, how much would the gross profit be on the entire shipment if the business took advantage of the early cash payment terms of 4/10, n/60 from its supplier?

Reference no: EM133143357

Questions Cloud

Calculate how sales volume should change : Calculate how sales volume should change if the price would be a.) 5 % higher or b.) 5 % lower and contribution margin (€) remains the same
Connection between religion and ethical systems : What is the connection between religion and ethical systems? do they have any implications for business? explain and provide examples
Central attitudes-knowledge and skills in child care setting : How important are central attitudes, knowledge, and skills in child care settings? How can they be demonstrated in the workplace?
What kind of people does hsbc want to recruit : As a large, international organisation we have opportunities for people with a wide range of backgrounds and interests. Whether you want to work in banking itse
How much would the gross profit be on the entire shipment : If a computer company bought computers for $10,000 and sold them for $16,000, how much would the gross profit be on the entire shipment
Explain the descriptive and casual research : Which research approach is most valid for JJ Construction at this point? Why and how would you suggest they should proceed from here to initiate the research?
Discuss the idea that service is part attention : Discuss the idea that service is part attention to detail and part theater. Give examples of how service providers are often actors. How do we create an image i
Prepare the sales section of the income statement : Freight-Out $14,200; Sales Returns and Allowances $21,000; and Sales Discounts $15,000. Prepare the sales section of the income statement
Career management challenges : One aspect of managing your career is time management. There are three types of time management challenges that impact managerial effectiveness:

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd