The MAIN reason suppliers offer cash discounts is to try to encourage.a. early payment,
b. larger orders,
c. new accounts,
d. multiple purchases

Answers

Answer 1
Answer: The answer is A. Early payment

In Cash discounts, buyers will have the incentive to reduce the amount owed to the seller if they pay their liability faster than the Deadline

For example, the sellers can offer a 2 % discounts if the buyers make a payment within 10 days, while the actual deadline is 30 days
Answer 2
Answer:

Answer:

Explanation:

A


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Alps Ski Co is looking for new markets for both its brick and mortar retail stores and its catalog division. Alps Ski Co would most likely use a(n) ______ base for market segmentation of its stores and a(n) ______ base for market segmentation of its catalog division.

Answers

Answer:

The correct word for the blank space is: geographic; behavioristic.

Explanation:

Alps Ski Co. offers its product in two ways: traditional brick-and-mortar physical stores and in printed catalogs. As the company is looking for new markets, it would be convenient to prioritize the geographic location of the new physical stores to determine where they are more likely to be successful and where the sales could be higher. For the printed catalogs, the geographic location for the distribution is important but it is better to prioritize consumer behavior to find out if in certain areas people prefer to take a look at what the store has available on a catalog rather than going directly to the store to make the purchase.

Assume that Horicon Corp acquired 25% of the common stock of Sheboygan Corp. on January 1 for $300,000. During the year Sheboygan Corp. reported net income of $160,000 and paid total dividends of $60,000. What entry would Horicon make to record the receipt of the dividend from Sheboygan

Answers

Answer:

Cash $60,000 (debit)

Investment Income $60,000 (credit)

Explanation:

It is Important to note that the Acquirer (Horicon Corp) is a Corporate.

The Acquisition of 25% of the common stock of Sheboygan Corp constitute an Asset for Horicon Corp since Economic Benefits are expected to be received from the Investment.

The Receipt of Dividends from these shares will constitute Investment Income and the entry is as follows :

Cash $60,000 (debit)

Investment Income $60,000 (credit)

Answer:

Dr Cash 15,000

    Cr Investment in Sheboygan Corp 15,000

Explanation:

If Horicon Corp uses the equity method to record its investment, the original journal entry should have been:

January 1, purchase of 25% of common stock

Dr Investment in Sheboygan Corp 300,000

    Cr Cash 300,000

Then it must record the increase in the investment:

XX, increase in investment asset (25% x $160,000)

Dr Investment in Sheboygan Corp 40,000

    Cr Investment revenue 40,000

Finally when dividends are distributed:

YY, distribution of dividends (25% x $60,000)

Dr Cash 15,000

    Cr Investment in Sheboygan Corp 15,000

Suppose there are four firms that are each willing to sell one unit of a good. Each firm has a different minimum price that they are willing to sell for: Firm A $6, Firm B $7, Firm C $10, and Firm D $12. If the market price is $11, then the total producer surplus is _________.A) $10. B) $11. C) $33.D) $9.

Answers

Answer:

A) $10

Explanation:

Producer surplus is the difference between the least amount sellers are willing to sell their product and the price of the product.

Producer surplus for firm A = $11 -$6 = $5

Producer surplus for firm B = $11 - $7 = $4

Producer surplus for firm C = $11 - $10 = $1

Firm D does not make a producer surplus because the producers minimum price is greater than the market price

Total producer surplus = $5 + $4 + $1 = $10

I hope my answer helps you

The major shortcoming of a barter economy is A. the requirement of specialization and exchange. B. that goods and services are not traded. C. that money loses value from inflation. D. the requirement of a double coincidence of wants.

Answers

Answer:

D) The requirement of a double coincidence of wants.

The major shortcoming of a barter economy is the requirement of a double coincidence of wants. Option (d) is correct.

A barter economy is a cashless economic system where goods and services are exchanged at agreed-upon prices. One of the earliest forms of economy is barter, which predates both monetary systems and written history. Barter may be used effectively in practically any industry.

The three drawbacks of the barter system are as follows: Lack of two desires that coincide. It indicates that in order to buy and sell each other's goods, both sides must agree. ii It is difficult to easily value every item. There are some products that simply cannot be split.

Learn more about barter economy, here;

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compared to other market structures, which of the following are properties of a perfectly competitive market, and which are not?

Answers

Characteristics of a market with perfect competition is,

Many buyers and vendors: In a market that is totally competitive, multiple buyers and sellers, but none of them can affect the product's price. Products supplied in a market are all homogeneous, meaning they are all the same or very similar.

Perfect information: In an equilibrium price, all market participants have similar capabilities about the market, particularly product costs, standards, and availability.

No entrance or exit barriers: In a market with perfect competition, new firms can enter the market with ease and evolving firms can depart the market with ease and without incurring major expenses, buyers and sellers have little power to alter prices.

Characteristics not of a market with perfect competition:

Lack of product differentiation is necessary for perfect competition. Companies operating in other market configurations may distinguish their goods through distinctive branding or design elements.

Market power is absent . Organizations may have some level of market government and be able to affect prices in various market arrangements.

Long-term balance: Perfect competition results in long-term economic profits for businesses of zero. With alternative market configurations, businesses may experience long term economic gains.

Learn more about homogeneous here:

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Amounts withheld from your gross wage are _____.net wage
deductions
unknown
contributions

Answers

The correct answer is B. Deductions.

Explanation

A wage is a term used to refer to the salary or money a person receives in exchange for work. This is paid by the company or employer every certain tie. Additionally, after the development of the rights and duties of the workers, wages changed, this includes the fact nowadays the workers must pay deductions which are amounts of money withheld to cover benefits such as health insurance, education, pension funds, or some obligations such as taxes. So, the correct answer is B. Deductions.

Amounts withheld from your gross wage are deductions.