Credit card sales (discount 3%) $ 8,600 Sales on account (3/15, n/60) $ 10,400 Sales returns related to sales on account were $500. All returns were made before payment. One-half of the remaining sales on account were paid within the discount period. The company treats all discounts and returns as contra-revenues. What amount will be reported on the income statement as net sales?

Answers

Answer 1

Answer:

$18192.50

Step-by-step explanation:

From the information given;

The amount that will be reported on the income statement as net sales can be computed as follows:

Particulars                                             Amount ($)        

Sales revenue $(8600 + 10400)          $19000

Less: Credit card discounts

( contra - revenue)   $(8600 × 3%)         258

Sales discounts

( contra - revenue)

[(10400 - 500)× 1/2 × 0.01 ]                     49.50

Sales return and allowances

( contra - revenue )                                    500            

The net sale                                                                          

(reported on the income statement) =  $18192.50  


Related Questions

LESSON 5: Rational Numbers LEARNING TASK # 2 Score__________ Name:Joseph Sebastian Usi Section:7-Callalily Direction: Perform the indicated operations. 1.34+914=____221_____________ 2. 16+34=______45___________ 3. 46+418=_________220________ 4. 45-615=2 ________________ 5. 25-36=_________________ 6. 37 x 45=_________________ 7. 58x (-53)=_________________ 8. 3425=_________________ 9. 910÷(-45)=_________________ 10. 367 x 225=_________________

Answers

Answer:

1.  221+ 727  

2.  45+5  

3.  220+ 244  

4.  2( -285)  

5.  (-9)

6. 1665  (multiplying)

7.  -3074 (multiplying)

8.  685 *5

9. - 20  2/9

10. 82575 (multiplying)

Step-by-step explanation:

1.34+914=____221_____________

948 =  221+ 727     (subtracting 221 from 948)

2. 16+34=______45___________

50=  45+5    ( adding 5 to 45 to get 50)

3. 46+418=_________220________

464= 220+ 244    ( subtracting 220 from 464)

4. 45-615=2 ________________

- 570 = 2( -285)   (dividing -570 by 2)

5. 25-36=_________________ (-9)

-9 = -9   ( subtraction)

6. 37 x 45=_________________ 1665  (multiplying)

7. 58x (-53)=_________________ -3074 (multiplying)

8. 3425=_________________ 685 *5  (dividing by 5)

9. 910÷(-45)=_________________ 182/ (-9) (dividing both by 5)

= - 20  2/9

10. 367 x 225=_________________ 82575 (multiplying)

How many solutions y=5x-4 y=5x-5

Answers

Answer:

No solution

Step-by-step explanation:

Any equations with the same slope are parallel, or will never intersect.

In a slope-intercept equation, this would mean the 'm' values are the same.

y = mx + b

Two equations:

y = 5x - 4

y = 5x - 5

Since the two equations given have the same slope, they will never intercept and therefore have no solution.

-4x = -1/2 ( 10x + 18 ) can anyone coment

Answers

-4x = -5x - 9
9 = x

xxxxxxxxxxxxx

Answer:

Your answer is: x = -9

Solve for  x  by simplifying both sides of the equation, then isolating the variable.

Step-by-step explanation:

Hope this helped : )

Please explain this!!!!!!!!!!!!!!!!!!!!

Answers

Answer:

SCORATIC THE APP WILL GIVE YOU ALL ANSWERS

Step-by-step explanation:

Blake looks at his checking account balance regularly. His three lowest balances during the year are as given.

−$20<−$12<−$3

Select from the drop-down menus to correctly complete the statement.

The inequality statement shows that −$20 is a
lower
balance than −$12, and −$12 is a
lower
balance than −$3.

Answers

Answer:

that is correct for both questions the answer is lower

Step-by-step explanation:

Answer:

lower for both

Step-by-step explanation:

The XYZ Car Rental Agency charges a
flat rate of $39 per day plus $0.47 per mile driven.
Write an algebraic expression for the rental cost of a
car for x days that is driven y miles.

Answers

i think it’s 39x+.47y

what is the slope of the line ?

Answers

Answer:

The slope is -1.

Step-by-step explanation:

Slope= y2-y1/x2-x1 So slope =2-1/-4-(-3)= 1/-1. 1/-1= -1, so the slope= -1.

Write −0.48 as a fraction in simplest form.

−0.48=
I would also like an explanation too please! HELP ASAP :(

Answers

-12/25 because -0.48=-48/100 now u just makes it into the simplest fraction

Answer:

-12/25

Step-by-step explanation: We already know that -48/100=-0.48, so we can just write -48/100 in simplest form which is -0.48. So, your answer is -0.48

HELP!!!

What is the equation of the line that passes through the point (-5,–6) and has a
slope of 3/5?

Answers

Answer:

y=3/5-3

Step-by-step explanation:

Is this Kumon LOL?

y=mx+b

y=3/5x+b

-6=3/5 times -5=b

b=-3

M
115°
Y
N
(4k + 5)º
(6k + 10)
X

Answers

Answer: 10

Step-by-step explanation:

In triangle ABC, angle a equals 25°, angle C equals 55°, and a B equals 60

Answers

Answer:

7250

Step-by-step explanation:

This is like the pythagorean theorem. So you add A^2,B^2, and C^2. So 25^2 + 60^2 + 55^2. 625 + 3600 + 3025. That equals to 7250.

What is 39% of 198? Percantage

Answers

Answer:

39% of 198 = 77.22

Have a nice day.

Answer:77.22Step-by-step explanation:

1: Calculate the percentage of a number.

For example: 39% of 198 = 77.22

2: Calculate a percentage based on 2 numbers.

For example: 77.22/198 = 39%

hope this help!

At midnight, the temperature was 20.4°F. In the morning, the temperature was −5.2°F. Which statement describes the temperatures?
Please help will give brainliest

Answers

Answer:

Hey dabi, the statment that describes the tempertures is one is cold the other is colder i guess

Step-by-step explanation:

3x+1=27x-2
X=
I need help in this pleaseeeeeeeee

Answers

Answer:

hhdjeejhshhhqhahqhqhhwhhqhqhqhqhwhhehehehwhhehehejwjjw

Answer:

x=1/8

Step-by-step explanation:

First we need to isolate the variable. We can do that by subtracting 3 from each side. You then get: 24x-2=1. Then, to completely isolate it, add 2 to each side. We get 24x=3. Now divide 24 from each side to get only x. We get 3/24, which can be rewritten as 1/8.

3) Consider the following linear equations:
y = x - 4 and -8y = 8x - 32

What are the intercepts of the line -8y=8x-32 ?

x-value of x-intercept _____
y- value of y-intercept _____

Answers

Both the x and y intercepts are 4

May you please help me!? (Also may you please show your work so I understand?)

Answers

Answer:

(2,3) (-2,1) (-4,-1) (4,-1) (4,-2) (0,-3)

Step-by-step explanation:

its x then y so you would find the number on the line the dot is on going from left to right for x, then for y go from up to down. also the answers are going from the top of the page, down. hope i helped!

I need to know the missing angles​

Answers

Answer:

71

Step-by-step explanation: 2x=142

x=71

Answer:

the missing angles are 71

Step-by-step explanation:

The exterior angle of a triangle is equal to the sum of the 2 opposite interior angles.

142° is an exterior angle of the triangle, thus

x + x = 142

2x = 142 ( divide both sides by 2 )

x = 71

simplify 12*3/12*7 QUICK PLEASE

Answers

Answer:

12*3/12*7= 3/7

Step-by-step explanation:

make it braintliest please

equation not in slope intercept form. 3y=9x-24

Answers

i think this is what your asking

7w = 49 Can anybody help me with this one too?

Answers

Answer:

w=7.

Step-by-step explanation:

Divide 7 on both sides of the equation.

Answer:

7w=49

7 × w = 49

w= 49÷7

w=7

I will give Brainliest to whoever can answer this!

Which number line can you use to simplify 2-(-8)?

Answers

Answer:

its clearly B because you change the first sign ( from - to +) so it ia 2 + then also change the next sign ( from - to +) so now it becomes 2 + 8.

Step-by-step explanation:

Answer:

B.  2+(8)=10

Step-by-step explanation:

you can rewright a prob to simplify

Can someone help me with this please!? its urgent!
Thank you who helped :)

Question: Explain how you would find the measure of the angle indicated.

Answers

Answer:

x=11 qqqqgugug

Step-by-step explanation:

I'm nerdy

Answer:

37 degrees

Step-by-step explanation:

All insides of triangles = 180 degrees, so...

67 degrees + 76 degrees + (x + 48) degrees = 180

67 + 76 + (x + 48) = 180

143 + x + 48 = 180

191 + x = 180

x = -11

x + 48

-11 + 48

37 degrees

BRAINLIEST!

Find 78 divided by 13. Input your answer as a reduced fraction.

Answers

Answer:

The answer is 6 in reduced fraction form:)

Step-by-step explanation:

The reduced fraction of the given division is 6/1.

Given that, 78 divided by 13.

The division is one of the basic arithmetic operations in math in which a larger number is broken down into smaller groups having the same number of items.

Here, 78/13

= 6/1

Therefore, the reduced fraction of the given division is 6/1.

To learn more about the division visit:

https://brainly.com/question/1575906.

#SPJ6

5y[4-(y+2) ]+4y(y+2)

Answers

Answer: −y^2+18y

Let's simplify step-by-step.

5y(4−(y+2))+4y(y+2)

Distribute:

=(5y)(4)+(5y)(−y)+(5y)(−2)+(4y)(y)+(4y)(2)

=20y+−5y2+−10y+4y2+8y

Combine Like Terms:

=20y+−5y2+−10y+4y2+8y

=(−5y2+4y2)+(20y+−10y+8y)

=−y^2+18y

Answer:

= −y^2+18y

Hope this helps you!

Answer:

It could be 37y

Step-by-step explanation:

If q(x)=4/5x-9, find the value of x so that the function has the given value of q(x)=3

Answers

Answer: x = 15

Step-by-step explanation:

1) Set q(x) = 3 in the equation.

3 = (4/5)x - 9

2) Add 9 to both sides.

12 = (4/5)x

3) Multiply by 5/4 on both sides.

15 = x

x = 15

The probability that a randomly selected person at a show has seen the band play live before is 30%. A "superfan" is defined as someone who has seen the band play live at least 10 times. The probability that a person at a show is a "superfan" is 20%. Two people are selected at random. What is the probability that both people have both seen the band perform live before, and are superfans?

Answers

Answer:

0.09 and 0.04

Step-by-step explanation:

The probability that a randomly-selected person at a show has seen the band play live before is 30%=0.30

The probability that a person at a show is a "superfan" is 20%=0.20

Two people are selected at random.

The probability that both people have both seen the band perform live before  = The probability that the first person has seen the band live before and the second person also has seen the band live before.

=0.30 x 0.30

=0.09

Similarly, the probability that both are  "superfans"   = The probability that the first person is a superfan and the probability that the second person is a superfan.

=0.20 x 0.20

=0.04

Hence, the probability that both people have both seen the band perform live before, and are "superfans" are 0.09 and 0.04 respectively.

A number m plus 4 is greater than or equal to 7.

Answers

Answer:

m is greater than or equal to 3

Step-by-step explanation:

[tex]m \geqslant 3[/tex]

Answer:

[tex]m + 4 \geqslant 7 \\ m \geqslant 7 - 4 \\ m \geqslant 3[/tex]

HELPPPPPP

Question:
In pic

Answers

Answer:

68/12

Step-by-step explanation:

12x5 is 60 then add the 8

Answer:

5[tex]\frac{2}{3}[/tex] I believe

Solve for the values of x:

(2x-1)(x+4) = 0

Answers

Step-by-step explanation:

x = -4, 1/2 is the value of x

The values of x that satisfy the equation (2x - 1)(x + 4) = 0 are

x = 1/2 and x = -4.

Here, we have,

To solve for the values of x in the equation (2x - 1)(x + 4) = 0, we can use the zero-product property, which states that if the product of two factors is equal to zero, then at least one of the factors must be zero.

So, we set each factor equal to zero and solve for x:

2x - 1 = 0

Adding 1 to both sides:

2x = 1

Dividing both sides by 2:

x = 1/2

x + 4 = 0

Subtracting 4 from both sides:

x = -4

Therefore, the values of x that satisfy the equation (2x - 1)(x + 4) = 0 are x = 1/2 and x = -4.

To learn more on equation click:

https://brainly.com/question/14468218

#SPJ6

what is the answer?​

Answers

The first one is 3.94times 10^3 and the second is 8.1 times 10^-2
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