Purchase merchandise from company on account

Reference no: EM13133501

National Shops wishes to purchase merchandise from your company on account. The amount of the purchases would probably be about $10,000 per month, and the terms would require National to make payment in full within 30 days. Would you recommend that your company grant credit to National under these terms? Explain the reasoning for your response.

Reference no: EM13133501

Questions Cloud

At what level of output is profit maximized : Elasticity of demand for each of the following showing all calculations and

How much acetone (ch3coch3) would be needed : how much acetone (CH3COCH3) would be needed to obtain 3.35 moles of acetone? the desnity of acetone is 0.851 g/mL.

Describe the elements of an organization external : Describe the elements of an organization's external environment. Why is it important to understand the external environment?

Vector analysis and stroke theorem : Apply Stroke's theorem to evaluate the integral over C of (ydx + zdy + xdz), where C is the curve of intersection of the unit sphere x^2+y^2+z^2=1 and the plane x+y+z=0

Purchase merchandise from company on account : National Shops wishes to purchase merchandise from your company on account. The amount of the purchases would probably be about $10,000 per month, and the terms would require National to make payment in full within 30 days.

Find probability that at least five shoppers will enter mall : Shoppers enter Hamilton Place Mall at an average of 120 per hour, and the number and shoppers is Poisson distributed. What is the probability that at least 5 shoppers will enter the mall between 5:00 and 5:05 p.m.?

Vector space and basis : Consider the following elements of the vector space P3 of all polynomials of degree less than or equal to 3. p(x)= x-1, q(x)=x+x2, r(x)= 1+x2-x3

What will the cost records for the year show : Houghton Company uses a predetermined overhead rate based on direct labor hours to apply manufacturing overhead to jobs. At the beginning of the year, the company estimated manufacturing overhead would be $200,000 and direct labor hours would be 2..

What is activity-based costing : What is activity-based costing? What are some of the key elements of activity-based costing? How does this method differ from a more traditional costing method?

User Account

All Pages