Answer:
There are four major OMEs manufacturer trucks for the North American market
Answer:
The correct answer is letter "E": Reorganization.
Explanation:
A company reorganization takes place in front of the need for changing operating activities that are not bringing any profit to the organization or whose profit is minimal that it would be convenient to stop those processes. In some cases, reorganizations take place even when the firm has filed for bankruptcy.
Under those circumstances, the objective of the entity is to be forgiven for not meeting its payment obligations for a certain period while restructuring its operations to keep the business up and running.
Answer:
The amount received in cash is $686
Explanation:
The amount which is received in cash is computed as:
On June 20, the amount of $300 goods returns from customer, so the remaining balance is
= $1,000 - $300
= $700
On the remaining balance, the discount which is evaluated as the payment is received within the discount period which is June 24. So,
= $700 x (100% - 2%)
= $ 700 x 98%
= $ 686
