What would be the value associated with the inventory

Assignment Help Accounting Basics
Reference no: EM132090250

Question - If Bartner Furniture, Inc. purchased inventory at $1,200 list price and the terms were 3/10 n/30, what would be the value associated with the inventory if payment was made after 20 days?

A. $1,176

B. $1,236

C. $1,164

D. $1,200

Reference no: EM132090250

Questions Cloud

Write an essay about a sustainable place : Your assignment is to read the selection from Aldo Leopold's book A Sand County Almanac called "The Land Ethic," then read a source (primary or secondary).
Determine significant figures in chemistry equations : Can you help me better understand how to determine significant figures in chemistry equations?
Explain how the author reveals jane attitude : Read the following passage from Charlotte Brontë's novel Jane Eyre, in which the narrator reflects on her relationship with Rochester, her employer.
Explain the speaker attitude toward love : Robert Burns wrote the following poem to Mrs. Agnes Craig McLehose before he married Jean Armour in 1788. Read the poem carefully and then in a well-written.
What would be the value associated with the inventory : If Bartner Furniture, Inc. purchased inventory at $1,200 list price and the terms were 3/10 n/30, what would be the value associated with the inventory
What is the final pressure in torr : If the sample is heated to a temperature of 40. oC and expands to a volume of 6.80 L, what is the final pressure in torr?
How the character failure adds to the work overall value : Choose a full-length work of literary merit you have studied during this course. In a well-written essay, analyze how a character in that work learns.
Great deal of heat : This reaction gives off a great deal of heat, meaning that the reactants are higher in energy than the products. What drives this reaction?
What would be the accounting rate of return for this project : The project's assets would have a residual value of £50,000 at the end of the project. What would be the accounting rate of return for this project

Reviews

Write a Review

Accounting Basics Questions & Answers

  In 2013 pete smith receives 330 per day in benefits from a

1 gary and gladys invest in bonds. in the current year they received the following interestcalifornia general revenue

  Recognize gross profit upon delivery

Gunk Goblin sells vacuums and just launched a policy where customers have the right to return a vacuum during a three-year period following purchase.

  The bonmatin corporation produces all types of bowling

the bonmatin corporation produces all types of bowling balls. the bowling ball division is currently producing 3750

  Bellingham suit co has received a shipment of suits that

bellingham suit co. has received a shipment of suits that cost 200 each. if the company uses cost-plus pricing and

  Observations of the work and how it relates to the equity

observations of the work and how it relates to the equity section

  The cost recovery method was chosen

The cost recovery method was chosen.

  Calculate the total cost of job

If direct labor cost is used as the activity base for assigning overhead to jobs, calculate the total cost of job 909

  Deduct as ordinary and necessary business deductions

The amount he paid to his brother is comparable to what he would have paid to an unrelated party to do the same work

  The company is considering a purchase of equipment that

the company is considering a purchase of equipment that would reduce its direct labor costs by 114088 and would change

  Prepare a schedule of expected cash collections from sales

Prepare a schedule of expected cash collections from sales, by month and in total, for the second quarter

  Define use of contributions by a not-for-profit hospital

(Journal entries to record the receipt and use of contributions by a not-for-profit hospital) Ellen Falk Hospital, a not-for-profit hospital.

  The payback method is widely used in capital budgeting

a) The Payback method is widely used in capital budgeting because is its simple and does a good job of determining the correct accept/reject decision. 1. True 2. False

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