What is the net price and trade discount

Q: Account Name Debit Credit Sales 750.C00 Sales Returms and Allowances 15,000 Sales Discounts 10.000…

A: Solution Net purchase is calculated by substracting purchase return and purchase discount . It…

Q: What is purchasing power parity?

A: Purchasing power parity (PPP): It is one well known macroeconomic investigation metric for…

Q: What is the difference between a Moving Average Price and a Standard Price?

A: A Moving Average Price (MAP) is a method of calculating the cost of goods sold by averaging the…

Q: What is market/book (M/B) ratio?

A: Introduction: Market value is nothing but the value derived when the stock price is multiplied by…

Q: Define the term s price-earnings ratio?

A: Financial Ratios: Financial ratio analysis expresses the relationships between different items…

Q: what is net purchases? Is there another term for it?

A: Net purchases is an important metric in accounting because it is used to calculate the cost of goods…

Q: List price × trade discount rate = amount of trade discount. true or false

A: The question is related to true or false.

Q: What are the trade bills?

A: Trade bills are also called Trade Acceptance / Accepted draft

Q: How is standalone selling price defined?

A: Performance Obligation: Performance obligation refers to the obligation that the seller to provide…

Q: What do you understand by rate of markup on cost and rate of markup on selling price, illustrate…

A: Answer: Mark-up is nothing but the difference between a good or service’s selling price and its…

Q: What is the Price Earnings Ratio?

A: The price-earnings ratio is the ratio which helps the investor to determine the market value on the…

Q: Define Trade discounts.

A: Business:   It refers to a commercial activity involving buying and selling of a product or a…

Q: Cost method, Market method

A: There are different methods of pricing a product but the most common are on the basis of cost and…

Q: Inventory, May 1 $ 156,000 Purchases (gross) 663,700 Freight-in 31,500 Sales revenue 1,061,800 Sales…

A: Formula: Net purchases = Gross purchases - Purchase discounts + freight in

Q: What is meant by purchasing power parity?

A: Purchasing power parity It is a measuring of the prices in various other countries that utilizes the…

Q: What does the price earning ratio indicate?

A: Price to earnings ratio (P/E ratio) compares the price with earnings per share. It will be…

Q: What is the market value of goods

A:

Q: Define what net sales?

A: Net sales means the amount of revenue earned from selling the goods or services in which business…

Q: how is the selling price computed

A: Formula: Selling price=Cost100%-Gross profit ratio

Q: A You have an opportunity to acquire a property from First Capital Bank. The bank recently obtained…

A: Future value of a present value is the value of that amount after taking into account the time value…

Q: Gain or Loss on Sale of FVPL 13) On January 1, 2020, Erika Company purchased equity investments held…

A: Investment held for trading is the investment held with the intent of selling within a limited…

Q: What is the formulae used to find markup price?

A: Markup price is the price that the player comes up with after adding the mark up to the cost price…

Q: Explain price/EBITDA ratio

A: The EV/EBITDA ratio compares a company's enterprise value to its earnings before interest, taxes,…

Q: What does the price-earnings ratio measure?

A: Formula Price earning ratio = Market Price per shareEarnings per share

Q: What is premium on forward rate?

A: A forward rate is referred as an interest rate which is applicable on financial transactions which…

Q: What is the difference between order discounts and volume discounts?

A: there are different types of discount from the cells that customer can earn close discount are…