a. To calculate EPS for each plan, we need to find the earnings available for common shareholders.
Plan i:
EBIT = $14,800
Interest expense = $37,440 * 0.10 = $3,744
Earnings before taxes (EBT) = $14,800 - $3,744 = $11,056
Earnings available for common shareholders = $11,056
EPS = $11,056 / 3,500 = $3.16
Plan ii:
EBIT = $14,800
Interest expense = $66,560 * 0.10 = $6,656
Earnings before taxes (EBT) = $14,800 - $6,656 = $8,144
Earnings available for common shareholders = $8,144
EPS = $8,144 / 2,800 = $2.91
All-equity plan:
EBIT = $14,800
Earnings before taxes (EBT) = $14,800
Earnings available for common shareholders = $14,800
EPS = $14,800 / 4,400 = $3.36
Therefore, plan i has the highest EPS, and plan ii has the lowest EPS.
b. The break-even level of EBIT is the level at which EPS for a particular plan equals EPS for the all-equity plan.
Plan i:
EPS = $14,800 - $3,744 / 3,500 = $2.79
Break-even level of EBIT = $3.36 * 4,400 + $3,744 = $18,454.40
Plan ii:
EPS = $14,800 - $6,656 / 2,800 = $2.47
Break-even level of EBIT = $3.36 * 4,400 + $6,656 = $25,900.40
The break-even level of EBIT for plan ii is higher than that for plan i because it has more debt and thus higher interest expense.
c. To find when EPS is identical for plans i and ii, we can set the two EPS equations equal to each other:
$11,056 / 3,500 = $8,144 / 2,800
Solving for EBIT, we get EBIT = $16,771.20.
d. To calculate EPS and the break-even levels of EBIT with taxes, we need to adjust for the tax shield on interest expense.
Plan i:
EBIT = $14,800
Interest expense = $37,440 * 0.10 = $3,744
Taxable income = $14,800 - $3,744 = $11,056
Taxes = $11,056 * 0.21 = $2,321.76
Net income available for common shareholders = $11,056 - $2,321.76 = $8,734.24
EPS = $8,734.24 / 3,500 = $2.50
Break-even level of EBIT = $3.36 * 4,400 + $3,744 * 0.79 = $18,605.84
Plan ii:
EBIT = $14,800
Interest expense = $66,560 * 0.10 = $6,656
Taxable income = $14,800 - $6,656 = $8,144
Taxes = $8,144 * 0.21 = $1,710.24
Net income available for common shareholders = $8,144 - $1,710.24 = $6,433.76
EPS
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Why is it important to know the business operations?:
Answer:
Without clear, concise management of operations, an organisation will struggle to remain cooperative and efficient, especially as they grow in size and workload.
Explanation:
Hope this helps
northwest hospital is a full-service hospital that provides everything from major surgery and emergency room care to outpatient clinics. required:for each of the following costs incurred at northwest hospital, indicate whether it would most likely be a direct cost or an indirect cost of the specified cost object
1. Surgical supplies: Direct cost.
2. Maintenance of hospital equipment: Indirect cost.
3. Salaries of emergency room nurses: Direct cost.
4. Utilities (electricity, water) for the entire hospital: Indirect cost.
5. Cleaning services for outpatient clinics: Indirect cost.
1. Surgical supplies: Surgical supplies are directly associated with the specific activity of performing surgeries, making them a direct cost of the surgical procedures.
2. Maintenance of hospital equipment: The cost of maintaining hospital equipment supports multiple departments and activities, making it an indirect cost. It is not directly attributable to a specific cost object.
3. Salaries of emergency room nurses: The salaries of emergency room nurses are directly tied to the provision of emergency room care, making them a direct cost of the emergency room services.
4. Utilities (electricity, water) for the entire hospital: Utilities, such as electricity and water, benefit the entire hospital as a whole rather than a specific cost object. Hence, they are considered indirect costs.
5. Cleaning services for outpatient clinics: Cleaning services for outpatient clinics support the overall operation of the clinics and are not directly attributable to a specific cost object, making them an indirect cost.
In summary, direct costs are directly traceable to a specific cost object, while indirect costs are incurred to support multiple activities or departments and are not easily traceable to a specific cost object.
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What is a contingency plan?
Answer:
Um plano de contingência é um tipo de plano preventivo, preditivo e reactivo.
Apresenta uma estrutura estratégica e operativa que ajudeá a controlar uma situação de emergência e a minimizar as suas consequências negativas.
O plano de contingência propõe uma série de procedimentos alternativos ao funcionamento normal de uma organização, sempre que alguma das suas funções usuais se vê prejudicada por uma contingência interna ou externa.
When dealing with customers face-to-face, a good customer service technique is to:
Use a positive tone of voice
Maintain eye contact
Actively Listen
The correct option is B i.e., When dealing with customers face-to-face, a good customer service technique is to maintain eye contact.
What does "customer" mean to you?An individual or business that purchases goods or services from another company is known as a customer. Consumers are crucial to businesses because they generate income; without them, they would cease to exist.
What three roles do customers play?Any marketplace transaction necessitates the participation of at least three client roles: purchasing, which entails making a decision on a good or service; paying for it; and utilizing it. So, a customer can be a user or consumer as well as a buyer or payment.
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Which of the following is a normative statement? Select one: a. The elimination of trade restrictions would increase an economy's standard of living. b. Gasoline prices ought to be lower than they are now. c. In response to the most recent recession, the federal government extended the duration of unemployment benefits. d. A decrease in the minimum wage would decrease unemployment. 16) Which of the following statements is true? Select one: a. Economists use one standard set of assumptions to answer all economic questions. b. Historical episodes are not valuable to economists. c. While the scientific method is applicable to studying natural sciences, it is not applicable to studying a nation' s cconomy. d. The scientific method can be applied to the study of economics.
Gasoline prices ought to be lower than they are now is a Normative statement. So, the correct option is B. The actual statement is d. The scientific method can be applied to the study of economics.
A normative statement expresses a value judgment or opinion about what should or should be. It involves subjective opinions and cannot be tested or proven true or false based solely on economic analysis. In this case, statement b. "Gasoline prices ought to be lower than they are now" is a normative statement. It reflects a subjective opinion about the ideal or desired level of gasoline prices. It is not a statement that can be objectively proven or disproven using economic analysis alone. The word implies a value judgment that lower gasoline prices would be preferable. However, different individuals or groups may have different opinions on the "correct" or "ideal" level of gasoline prices based on their perspectives and interests. Economics is a social science that seeks to understand how individuals, businesses, and societies choose and allocate resources. The scientific method, which involves systematic observation, formulation of hypotheses, data collection, analysis, and conclusion, applies to the study of economics. Economists use the scientific method to study economic phenomena, test theories, and make predictions about economic behavior. They gather data, develop models and ideas, and test them using empirical evidence. Through this process, economists seek explanations and insights into various economic phenomena, such as market behavior, consumer choices, production processes, and policy outcomes. While the economic analysis may involve complexities and uncertainties due to economic systems' dynamic and interdependent nature, the scientific method provides a framework for systematic and rigorous economic inquiry. It allows economists to generate knowledge, refine theories, and contribute to understanding economic behavior and its implications.
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Why do you think it’s important to find a career that matches your personality? Come up with an example (real or made-up) of a person who has a career/personality conflict and explain what might be some negative consequences of having a career that doesn’t match your personality traits.
finch corporation recognized accrued compensation cost. use the following model to show how this event would affect the company’s financial statements under the following two assumptions: (1) the compensation is for office personnel and (2) the compensation is for production workers. use the letter i for increase or the letter d for decrease to show the effect on each element. if an element is not affected, indicate so by placing the lette
1 2 Assets N/A I=Liab. I I+Equity D N/A Rev. N/A N/A-Exp. I N/A=NI D N/A
Equity, also known as shareholders' equity or owners' equity for privately held businesses, is the sum of money that, in the event of a company's liquidation, would be distributed to its shareholders after all of the company's assets have been sold and its debt has been fully repaid. In an acquisition, it is the value of sales less any obligations owing by the company that were not transferred with the transaction. Shareholder equity can also serve as a proxy for a company's book value. A payment-in-kind arrangement may occasionally include equity. One of the most frequent types of information is equity, which can be found on a firm's balance sheet and denotes the proportionate ownership of the shares of a corporation.
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Marcus invested $700 in a savings account at 1.9% annual interest rate. He made no deposits or withdrawals on the account for 3 years. The interest was compounded semiannually. Find, to the nearest cent, the balance in the account after 3 years. Please show any work possible.
Marcus invested $700 in a savings account with a 1.9% annual interest rate. The interest is compounded semiannually, and there are no deposits or withdrawals for 3 years. We need to calculate the balance in the account after 3 years.
To calculate the balance in the account after 3 years, we can use the formula for compound interest:
A = P(1 + r/n)^(nt)
Where:
A = the final amount
P = the principal amount (initial investment)
r = the annual interest rate (in decimal form)
n = the number of times interest is compounded per year
t = the number of years
In this case, the principal amount (P) is $700, the annual interest rate (r) is 1.9% or 0.019, the interest is compounded semiannually (n = 2), and the time (t) is 3 years.
Plugging in the values into the formula:
A = 700(1 + 0.019/2)^(2*3)
A = 700(1.0095)^6
A ≈ $735.97
Therefore, the balance in the account after 3 years would be approximately $735.97.
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a statement that projects income and/or expenditures over a specified future period is called a
A statement that projects income and/or expenditures over a specified future period is called a budget.
What is a budget?In economics, budget means the estimation of revenue and expenses over a specified future period of time and is utilized by governments, businesses, individuals etc. It is a financial plan for a defined period, such as a year that is known to greatly enhance the success of any financial undertaking.
Importantly, a budget allows to oversee and better understand whether your business has enough revenue (incoming money) to pay its expenses.
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Hammers, screwdrivers, drills, and saws are _____ a construction worker uses.
-tasks
-skills
-tools
-qualifications
Answer:
are a - tool - construction workers use
PLEASE HELP ME!! please, please,, please explain how you got it, thank you
Answer:
I think the second one.
1/10 cookies per pizza
Qualified Business Income (QBI) Deduction (LO 4.10)Rob operates a small plumbing supplies business as a sole proprietor. In 2018, the plumbing business has gross business income of $421,000 and business expenses of $267,000, including wages paid of $58,000. The business sold some land that had been held for investment generating a long-term capital gain of $15,000. The business has $300,000 of qualified business property in 2018. Rob's wife, Marie, has wage income of $250,000. They jointly sold stocks in 2018 and generated a long-term capital gain of $13,000. Rob and Marie have no dependents and in 2018, they take the standard deduction of $24,000.The income threshold for QBI limitations starts at $315,000 for married filing jointly taxpayers.a. What is Rob and Marie's taxable income before the QBI deduction?$b. What is Rob and Marie's QBI?$154,000What is Rob and Marie's QBI deduction?$** Please give explanation and not just the answer. Thank you! **
Answer:
a. What is Rob and Marie's taxable income before the QBI deduction?
Rob and Marie's taxable income = Marie's wages + long term capital gains - standard deduction = $250,000 + $13,000 - $24,000 = $239,000
b. What is Rob and Marie's QBI?
QBI = total business income - total business expenses = $421,000 - $267,000 = $154,000
What is Rob and Marie's QBI deduction?$
the maximum possible QBI deduction is 20% of the QBI, but it starts to phase out if the couple's other income is more than $315,000 (currently the phase out threshold is a little higher $326,600). Since their taxable income is lower than the threshold, they can deduct the maximum amount = $154,000 x 20% = $30,800
In the management process, if the planning is perfect, then there is no need for controlling.
True
or
False
?
The assumption that if planning is perfect there is no need for controlling is false.
This is because controlling is a very vital and important part of
management. Controlling helps to organize the various factors needed in
the completion of a project. This helps to prevent and reduce mistakes to
the barest minimum that may arise as we are all prone to errors.
A management process without any form of control will result in the target
and exact instructions not being met or adhered to.
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according to the e-waste in south africa video case, what has resulted in a business opportunity for bolunga electronic waste company to provide recycling e-waste services?
According to the e-waste in south Africa video case, Bolunga now has the opportunity to offer e-waste recycling services.
They have created a business strategy that collects e-waste from manufacturers and customers before recycling it ethically.
Through their services, Bolunga is assisting in reducing the amount of e-waste that is inappropriately disposed of as well as the effects of e-waste on the environment.
The growing volume of e-waste that is not being properly disposed of has created a commercial opportunity for the Bolunga Electronic Waste firm in South Africa.
E-waste is just thrown out with regular trash in South Africa because there is no structured method for recycling it, posing a serious environmental risk.
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Frequent-shopper programs:
a. are useful for building long-term customer loyalty
b. are perceived to be of high value by the consumers
c. offer discounts that are especially attractive to high CLV shoppers
d. are extremely simple and cheap to implement
e. are difficult to revise or correct
Option A) Frequent-shopper programs are useful for building long-term customer loyalty.
Frequent-shopper programs are loyalty programs that reward customers for making repeat purchases. These programs are designed to encourage customers to keep coming back to the same business to make future purchases. They typically offer discounts, free products, or other rewards to customers who accumulate a certain number of points by making purchases. By offering rewards to customers, businesses can build long-term customer loyalty, which is important for maintaining a steady stream of revenue.
Frequent-shopper programs can also be used to collect customer data, which can be used to personalize marketing efforts and improve customer experiences. By tracking customer purchases, businesses can identify trends and preferences, which can be used to create targeted marketing campaigns. Overall, frequent-shopper programs are a valuable tool for businesses looking to build customer loyalty and increase revenue.
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Pls help me with this question!
The type of bank that contributes to the national economy by managing accounts and credit lines for both individuals and businesses is a commercial bank. So, the correct choice is option C.
Commercial banks are financial institutions that play a vital role in the economy by providing a wide range of banking services to individuals, businesses, and governments. They accept deposits from customers and offer various types of accounts, including checking accounts, savings accounts, and certificates of deposit. Commercial banks also provide loans and credit lines to individuals and businesses to support their financial needs.
By managing accounts, commercial banks facilitate the safekeeping of funds for individuals and businesses, allowing them to make transactions, earn interest on their deposits, and access their funds conveniently through various banking channels.
Furthermore, commercial banks contribute to the national economy by extending credit lines to individuals and businesses. These credit lines can be used for various purposes, such as financing investments, expanding businesses, purchasing assets, or managing cash flow. By providing credit, commercial banks support economic growth, entrepreneurship, and job creation.
In summary, commercial banks are the type of bank that actively contributes to the national economy by managing accounts and credit lines for both individuals and businesses, playing a crucial role in promoting financial stability and facilitating economic activities.
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If a 10% increase in price leads to a 40% decrease in quantity demanded, what is the value of price elasticity of demand? Show your work.
The value of price elasticity of demand is -4, which means that the demand for the product is highly elastic.
Price Elasticity of Demand = (% Change in Quantity Demanded) / (% Change in Price)
Using the information provided, we can calculate the percentage change in quantity demanded:
40% decrease in quantity demanded = (New Quantity Demanded - Old Quantity Demanded) / Old Quantity Demanded
-40 = (New Quantity Demanded - Old Quantity Demanded) / Old Quantity Demanded
Solving for New Quantity Demanded:
New Quantity Demanded = Old Quantity Demanded * (1 - 40%)
New Quantity Demanded = Old Quantity Demanded * 0.6
Now, we can calculate the percentage change in price:
10% increase in price = (New Price - Old Price) / Old Price
0.1 = (New Price - Old Price) / Old Price
Solving for New Price:
New Price = Old Price * (1 + 0.1)
New Price = Old Price * 1.1
Price Elasticity of Demand = (% Change in Quantity Demanded) / (% Change in Price)
Price Elasticity of Demand = (-40%) / (10%)
Price Elasticity of Demand = -4
The value of price elasticity of demand is -4, which means that the demand for the product is highly elastic. A small change in price results in a significant change in quantity demanded. In this case, a 10% increase in price leads to a 40% decrease in quantity demanded, indicating that consumers are very sensitive to changes in price.
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HELP!!!
What is the opportunity cost of increasing shoe production from 10,000 to
20,000 pairs? What is the opportunity cost of increasing shoe production from
50,000 to 60,000 pairs? Compare the two opportunity costs, and explain why they
might differ.
Answer:
About 250 ; 2000 bicycles
Explanation:
Opportunity cost simply means the loss incurred on a certain option when the alternative opruoonos chosen.
The opportunity cost of increasing shoe production from 10,000 to 20,000 pairs
The value of 20,000 (x axis) on the y axis is about 3750
Value of point A in the y - axis = 4000
Hence opportunity cost = (4000 - 3750) = 250 bicycles
B.)
The opportunity cost of increasing shoe production from 50,000 to 60,000 pairs
The value of 60,000 (x axis) on the y axis is about 0
Value of point B in the y - axis = 2000
Hence opportunity cost = (2000 - 0) = 2000 bicycles
How far is 10% of a 2,000-kilometer trip?
Answer:
200km
Explanation:
2000 x 0.1 = 200
0.1 is the multiplier for finding ten percent
PLEASE HELP SOON WILL GIVE BRAINLIEST
How does a consumer complaint benefit the manufacturer?
A. The complaint notifies the manufacturer of a possible issue.
B. The complaint is registered with the government.
C. The complaint tells the manufacturer they did something wrong.
D. The complaint leads to an investigation.
Answer:
A. The complaint notifies the manufacturer of a possible issue.
Explanation:
this lets the manufacturer become aware of any issues- this benefits them
A consumer complaint benefit the manufacturer by Option(A) The complaint notifies the manufacturer of a possible issue.
What is a consumer and a manufacturer ?A consumer is a person or a group who intends to order uses purchased goods, products primarily for personal, social household and similar needs, not directly related to any of business activities.
A manufacturer is a person or company that produces finished goods from raw materials by using various tools, equipment, and processes, and then sells the goods to consumers distributors, retailers, or to other manufacturers for the production and make their profit out of it.
How does a consumer complaint benefit the manufacturer ?A consumer make any complaint to the manufacturer if after taking the product or using it , the consumer founds any flaws or mistakes in it which might not be notified by the manufacturer.
Therefore, a consumer complaint benefit the manufacturer by Option(A) The complaint notifies the manufacturer of a possible issue.
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With reference to above statement,how would sustainable consumption and production impact the society?
Evidence-based management includes making decisions based on what actually works versus what ought to work. True or False True False
The given statement in the question about evidence based management is true
Evidence-based management is an approach to decision-making that involves using data and evidence to inform business practices. It emphasizes making decisions based on what actually works in practice, rather than relying solely on assumptions, intuition, or tradition. This approach involves gathering and analyzing data, evaluating the effectiveness of past decisions, and using this information to guide future decision-making. Evidence-based management can be used in a variety of contexts, including human resources, marketing, finance, and operations. By using this approach, organizations can make more informed decisions, reduce the risk of errors, and improve overall performance. Additionally, evidence-based management fosters a culture of continuous improvement, where data is used to inform decision-making at every level of the organization.
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A 60-day note receivable dated June 17 has a maturity date of
Answer:
the maturity date is August 12
Explanation:
The computation of the maturity date of 60 day note receivable dated on June 17 is as follows
Here we have to determine the 60 days from June 17
So in June, the remaining days left would be = (30 - 17) = 13
31 days in July
And, the rest of the days i.e. 12 days in August
So, the maturity date is August 12
Hence, the same would be considered
and, the same is relevant
A person who needs a car for a few weeks while visiting family out of state
would most likely choose to do which of the following?
A. Finance a car
B. Rent a car
C. Lease a car
D. Join a carpool
Answer:
B. Rent a car or A car rental
Explanation:
Got the quiz question correct!
Analyzing Finance Workers' Qualities, Skills, and Abilities.
According to the video, what qualities, skills, and abilities do workers in this career cluster need? Check ALL that apply.
a. physical strength for working outdoors and traveling
b. communication skills for explaining complex concepts
c. leadership skills for persuading others to take action
d. the ability to inspire others
e. the ability to be unemotional about business
f. the ability to be comfortable in an office setting
The qualities, skills, and abilities which workers in this career cluster need are:
B. Communication skills for explaining complex conceptsE. The ability to be unemotional about business F. The ability to be comfortable in an office settingAccording to the given question, we are meant to show the abilities, skills which workers that were displayed on video needs to have if they are to thrive in their chosen profession.
As a result of this, we can see that the workers in this particular career cluster needs communication skills, emotional intelligence and ability to be comfortable in an office setting.
Therefore, the correct answers are options B, E and F
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Answer:
B.E.F
Explanation:
e. under what circumstances might an audit team have a duty to disclose management’s frauds to parties other than the company’s management and its board of directors?
Fraud or error are the two causes of risk assessment financial statement inaccuracies. Fraud and error vary in that the underlying conduct in the former is deliberate.
The risk assessment methods to be followed are as follows:
1. Auditors must: in order to gather data used for risk identification.
2. To acquire the management's, internal audit team's, and those in charge of governance's opinions on the risk assessment of fraud, the auditor should ask them whether any instances of actual or claimed fraud have happened in the past.
3. Ask yourself if any further information you Fraud have indicates a fraud risk.
4. Based on the data gathered during the evaluation, analyze any fraud risk indicators that may be present.
5. Recognize unusual or unexpected Fraud relationships while carrying out analytical procedures, and assess them to risk assessment determine the likelihood of material misstatement as a result of fraud.
6. Assume that revenue recognition will be subject to risks depending on the evaluated transactions.
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In college, you learned that the communication process starts with the sender (you) encoding an idea (determining the location of the package) into a message to an intended receiver or audience.
Of the following, which would be the most appropriate intended receiver/audience of your message to ask where the package is?
Select an option from the choices below and click Submit.
MSC Industries, which was supposed to send the contracts to your boss via the local messengeoservice
The messenger service that was supposed to deliver the envelope
&
Your company's mailroom, which was supposed to receive the envelope and deliver it to your boss
The envelope was intended to be delivered to your boss via the postal office at your firm. As a result, choice (C) is accurate.
In addition to taking letters and packages, offering post office boxes, and selling stationery and postage stamps, a post office is a public building and a business that offers mail services. Post offices could provide other services, which might differ by nation.
The processing of government services and taxes, such as road tax, postal savings, or bank fees, as well as the provision and acceptance of government forms (such as passport applications), fall under this category.A postmaster oversees all administrative operations of a post office.
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state three
function of warehousing
Answer:
-Storage
-Financing
-Price Stabilization
-Time utility
Explanation:
FILL IN THE BLANK. Campbell Co. is a U.S. firm that has a subsidiary located in Jamaica. The subsidiary has generated losses for the last five years and is expected to generate losses for the next ten years because its costs denominated in Jamaican dollars exceed the revenue that it receives in Jamaican dollars. Campbell is reluctant to divest this subsidiary, however. So the U.S. parent must periodically use some of its funds to pay for the high expenses in Jamaica. Given this information, Campbell would benefit from a(n) ____ of the Jamaican dollar.
Campbell Co. would benefit from a devaluation of the Jamaican dollar.
Since the subsidiary in Jamaica has been generating losses for the last five years and is expected to continue to do so for the next ten years, it is clear that its costs in Jamaican dollars are higher than the revenue it receives. Therefore, if the Jamaican dollar is devalued, the costs in Jamaican dollars would decrease, and the subsidiary would become more profitable.
This would reduce the need for the U.S. parent to periodically use funds to pay for the high expenses in Jamaica. Furthermore, if the subsidiary becomes more profitable, it would increase the value of the subsidiary, which would be beneficial for Campbell Co. if it decides to divest the subsidiary in the future.
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oct. 1 purchased merchandise inventory on account with credit terms of 3/10, n/30 from mirage co., $2,400. oct. 11 purchased office supplies on account from brad co., $200. terms were n/eom. oct. 24 purchased furniture on account with credit terms of 5/10, n/60 from stand co., $1,300. pop-up content ends
The company made three purchases on account in October with different credit terms: 3/10, n/30 from Mirage Co., n/eom from Brad Co., and 5/10, n/60 from Stand Co.
On October 1, the company purchased merchandise inventory on account from Mirage Co. for $2,400. The credit terms are 3/10, n/30. This means that if the company pays within 10 days, it can take a 3% discount off the total amount due. If the company doesn't take advantage of the discount, the full payment is due within 30 days.
On October 11, the company purchased office supplies on account from Brad Co. for $200. The terms for this purchase are n/eom, which stands for net end of month. This means that the full payment is due at the end of the month.
On October 24, the company purchased furniture on account from Stand Co. for $1,300. The credit terms for this purchase are 5/10, n/60. This means that if the company pays within 10 days, it can take a 5% discount off the total amount due. If the company doesn't take advantage of the discount, the full payment is due within 60 days.
In summary, the company made three purchases on account in October with different credit terms: 3/10, n/30 from Mirage Co., n/eom from Brad Co., and 5/10, n/60 from Stand Co.
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