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On July 1, a company receives an invoice for $800 with the terms 1/10, net 30. On July 15, the payment should be $692 $790 $792 $800 $808 Continue

Asked By CrystalCove96 at

Answered By Expert

Seth

Expert · 5.9k answers · 5k people helped

Step 1/1

ANSWER IS AS!

Q1)

A1)

Explanation:

The terms "1/10, net 30" mean that the buyer can take a 1% discount on the invoice price if the payment is made within 10 days; otherwise, the net amount of $800 is due within 30 days.

In this case, the payment amount with the 1% discount would be:

`\[ \$800 \times 0.99 = \$792 ]`

So, on July 15, the payment should be $792.

Final Answer

The final answer is as !

So, on July `15 ` , the payment should be ` $792.`

🧑‍🏫 More Questions

Description CS city hires M workers who drive water trucks. They spray water on the streets to clean them, and reduce the dust concentration. There are <span class="katex"><span class="katex-html" aria-hidden="true"><span class="base"><span class="strut" style="height:0.6861em;"></span><span class="mord mathbf">N</span></span></span></span> streets in CS city. The city has a dust control plan, which uses a task scheduler to generate a daily cleaning plan. This plan tells each worker what streets they are responsible for, and ideally all streets will be cleaned. For example, the plan tells worker A to clean street 0 to street <span class="katex"><span class="katex-html" aria-hidden="true"><span class="base"><span class="strut" style="height:1em;vertical-align:-0.25em;"></span><span class="mord">3</span><span class="mopen">([</span><span class="mord">0</span><span class="mpunct">,</span><span class="mspace" style="margin-right:0.1667em;"></span><span class="mord">3</span><span class="mclose">])</span></span></span></span>, worker <span class="katex"><span class="katex-html" aria-hidden="true"><span class="base"><span class="strut" style="height:0.6833em;"></span><span class="mord mathnormal" style="margin-right:0.05017em;">B</span></span></span></span> to clean streets <span class="katex"><span class="katex-html" aria-hidden="true"><span class="base"><span class="strut" style="height:1em;vertical-align:-0.25em;"></span><span class="mopen">[</span><span class="mord">4</span><span class="mpunct">,</span><span class="mspace" style="margin-right:0.1667em;"></span><span class="mord">6</span><span class="mclose">]</span></span></span></span>. This plan will clean 7 streets. However, the task scheduler is buggy. Today it tells worker A to clean streets <span class="katex"><span class="katex-html" aria-hidden="true"><span class="base"><span class="strut" style="height:1em;vertical-align:-0.25em;"></span><span class="mopen">[</span><span class="mord">0</span><span class="mpunct">,</span><span class="mspace" style="margin-right:0.1667em;"></span><span class="mord">3</span><span class="mclose">]</span></span></span></span> and tells worker B to clean streets [3, 5]. Someone realizes that two workers cleaned street 3 twice, and no one cleaned street 6. It's your job to write a program to automatically detect the task scheduler's bugs, and report how many streets are not cleaned in today's plan. Input Format The first line contains two integers <span class="katex"><span class="katex-html" aria-hidden="true"><span class="base"><span class="strut" style="height:0.8805em;vertical-align:-0.1944em;"></span><span class="mord mathbf">M</span><span class="mpunct">,</span><span class="mspace" style="margin-right:0.1667em;"></span><span class="mord mathbf">N</span></span></span></span>. <span class="katex"><span class="katex-html" aria-hidden="true"><span class="base"><span class="strut" style="height:0.6861em;"></span><span class="mord mathbf">M</span></span></span></span> is the number of workers, and <span class="katex"><span class="katex-html" aria-hidden="true"><span class="base"><span class="strut" style="height:0.6861em;"></span><span class="mord mathbf">N</span></span></span></span> is the number of streets. The following <span class="katex"><span class="katex-html" aria-hidden="true"><span class="base"><span class="strut" style="height:0.6861em;"></span><span class="mord mathbf">M</span></span></span></span> lines are just the plan generated by task scheduler. Each line contains two integers <span class="katex"><span class="katex-html" aria-hidden="true"><span class="base"><span class="strut" style="height:1em;vertical-align:-0.25em;"></span><span class="minner"><span class="mopen delimcenter" style="top:0em;">[</span><span class="mord"><span class="mord mathnormal">L</span><span class="msupsub"><span class="vlist-t vlist-t2"><span class="vlist-r"><span class="vlist" style="height:0.3117em;"><span style="top:-2.55em;margin-left:0em;margin-right:0.05em;"><span class="pstrut" style="height:2.7em;"></span><span class="sizing reset-size6 size3 mtight"><span class="mord mtight"><span class="mord mathnormal mtight">i</span></span></span></span></span><span class="vlist-s">​</span></span><span class="vlist-r"><span class="vlist" style="height:0.15em;"><span></span></span></span></span></span></span><span class="mclose nulldelimiter"></span></span></span></span></span>, <span class="katex"><span class="katex-html" aria-hidden="true"><span class="base"><span class="strut" style="height:0.8333em;vertical-align:-0.15em;"></span><span class="mord"><span class="mord mathnormal" style="margin-right:0.00773em;">R</span><span class="msupsub"><span class="vlist-t vlist-t2"><span class="vlist-r"><span class="vlist" style="height:0.3117em;"><span style="top:-2.55em;margin-left:-0.0077em;margin-right:0.05em;"><span class="pstrut" style="height:2.7em;"></span><span class="sizing reset-size6 size3 mtight"><span class="mord mtight"><span class="mord mathnormal mtight">i</span></span></span></span></span><span class="vlist-s">​</span></span><span class="vlist-r"><span class="vlist" style="height:0.15em;"><span></span></span></span></span></span></span></span></span></span> ]. It indicates that worker i should clean street <span class="katex"><span class="katex-html" aria-hidden="true"><span class="base"><span class="strut" style="height:0.8333em;vertical-align:-0.15em;"></span><span class="mord"><span class="mord mathnormal">L</span><span class="msupsub"><span class="vlist-t vlist-t2"><span class="vlist-r"><span class="vlist" style="height:0.3117em;"><span style="top:-2.55em;margin-left:0em;margin-right:0.05em;"><span class="pstrut" style="height:2.7em;"></span><span class="sizing reset-size6 size3 mtight"><span class="mord mtight"><span class="mord mathnormal mtight">i</span></span></span></span></span><span class="vlist-s">​</span></span><span class="vlist-r"><span class="vlist" style="height:0.15em;"><span></span></span></span></span></span></span></span></span></span> to <span class="katex"><span class="katex-html" aria-hidden="true"><span class="base"><span class="strut" style="height:0.8333em;vertical-align:-0.15em;"></span><span class="mord"><span class="mord mathnormal" style="margin-right:0.00773em;">R</span><span class="msupsub"><span class="vlist-t vlist-t2"><span class="vlist-r"><span class="vlist" style="height:0.3117em;"><span style="top:-2.55em;margin-left:-0.0077em;margin-right:0.05em;"><span class="pstrut" style="height:2.7em;"></span><span class="sizing reset-size6 size3 mtight"><span class="mord mtight"><span class="mord mathnormal mtight">i</span></span></span></span></span><span class="vlist-s">​</span></span><span class="vlist-r"><span class="vlist" style="height:0.15em;"><span></span></span></span></span></span></span></span></span></span>. Output Format One integer, representing how many streets have not been cleaned. Sample Input 27 Sample Input 27 03 35 Sample Output 1 Explanation Worker A cleans streets [0,3], and worker B cleans streets [3,5]. Street 6 is the only street that was not cleaned, so return 1. Input Constraints <span class="katex"><span class="katex-html" aria-hidden="true"><span class="base"><span class="strut" style="height:2.4em;vertical-align:-0.95em;"></span><span class="mord"><span class="mtable"><span class="arraycolsep" style="width:0.5em;"></span><span class="col-align-l"><span class="vlist-t vlist-t2"><span class="vlist-r"><span class="vlist" style="height:1.45em;"><span style="top:-3.61em;"><span class="pstrut" style="height:3em;"></span><span class="mord"><span class="mord">50%</span><span class="mpunct">,</span><span class="mspace" style="margin-right:0.1667em;"></span><span class="mord">1</span><span class="mspace" style="margin-right:0.2778em;"></span><span class="mrel">&lt;=</span><span class="mspace" style="margin-right:0.2778em;"></span><span class="mord mathrm">M</span><span class="mpunct">,</span><span class="mspace" style="margin-right:0.1667em;"></span><span class="mord mathrm">N</span><span class="mspace" style="margin-right:0.2778em;"></span><span class="mrel">&lt;=</span><span class="mspace" style="margin-right:0.2778em;"></span><span class="mord">1000</span></span></span><span style="top:-2.41em;"><span class="pstrut" style="height:3em;"></span><span class="mord"><span class="mord">100%</span><span class="mpunct">,</span><span class="mspace" style="margin-right:0.1667em;"></span><span class="mord">1</span><span class="mspace" style="margin-right:0.2778em;"></span><span class="mrel">&lt;=</span><span class="mspace" style="margin-right:0.2778em;"></span><span class="mord mathrm">M</span><span class="mpunct">,</span><span class="mspace" style="margin-right:0.1667em;"></span><span class="mord mathrm">N</span><span class="mspace" style="margin-right:0.2778em;"></span><span class="mrel">&lt;=</span><span class="mspace" style="margin-right:0.2778em;"></span><span class="mord">200000</span></span></span></span><span class="vlist-s">​</span></span><span class="vlist-r"><span class="vlist" style="height:0.95em;"><span></span></span></span></span></span><span class="arraycolsep" style="width:0.5em;"></span></span></span></span></span></span>

<p>Question 6 /12</p> <p><strong>A company receives $10,000 in cash for services yet to be performed.</strong></p> <p><strong>Using the accrual method, what's the correct entry to record the transaction?</strong></p> <p>(A) Debit cash $10,000, credit accounts receivable $10,000</p> <p>(B) Debit cash $10,000, credit sales revenue$1 0,000</p> <p>(C) Debit sales revenue $10,000, credit cash $10,000</p> <p>(D) Debit cash $10,000, credit unearned revenue $10,000</p> <p>(E) Debit cash $10,000, credit accounts payable $10,000</p> <p>&nbsp;</p> <p>Question 7 /12</p> <p><strong>Per company policy, tools with a purchase price greater than $1,000 are capitalized. What's the correct entry to record a tool purchase of $500?</strong></p> <p>(A) Debit tools expense $500, credit cash $500</p> <p>(B) Debit fixed asset $500, credit tools expense $500</p> <p>(C) Debit fixed asset $500, credit cash $500</p> <p>(D) Debit fixed asset $1,000, cred it cash $1,000</p> <p>(E) Debit tools expense $1,000, cred it cash $1,000</p> <p>&nbsp;</p> <p>Question 9 /12</p> <p><strong>A company performs $10,000 of services and issues an invoice to the customer. Using the accrual method. what's the cored entry to record the transactions?</strong></p> <p>(A) Debit unearned revenue $10,000, credit salles revenue $10,000</p> <p>(B) Debit accounts payable $10,000, credit sales revenue $10,000</p> <p>(C) Debit services expense $10,000, credit sales revenue $10,000</p> <p>(D) Debit cash $10,000, credit sales revenue $10,000</p> <p>(E) Debit accounts receivable $10,000, credit salles revenue $10,000</p>