Silver Co sold merchandize to Bronze Co. on account, $23,000, terms 2/14, net 45. The cost of the merchandize sold is $18,500. Silver Co. issued a credit memorandum for $2,599 for merchandize returned that originally cost $1,900. The Bronze Co. paid the invoice within the discount period. What is the amount of net income earned by Silver Co. on the above transaction
List and describe five roles manages play in carrying out their management functions.
There are many ways to segment a market but not all are effective. List and explain two of the five characteristics of useful market segmentation.
Explain demand and supply curves and how they can be used to understand resource allocation
Write a short essay on the key factors important to fiscal policy.
Explain the meaning of: "Justices and Fairness" and the "ethics of caring" and how they relate to business ethics
Write a short essay on why internal controls are necessary