Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

1. How much would have to be paid on an invoice for $328 with terms of 2/10 ROG if the merchandise invoice is dated January 3, the merchandise arrives January 8, and the invoice is paid (a) January 11; (b) January 25?

2. Find the amount credited and the outstanding balance on an invoice dated August 19 if a partial payment of $500 is paid on August 25 and has terms of 3/10, 1/15, n/30. The amount of the invoice is $826.

3. Campbell Sales purchased merchandise worth $745 and made a partial payment of $300 on day 13. If the sales terms were 2/15, n/30, how much was credited to the account? What was the outstanding balance?

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M91846503

Have any Question?


Related Questions in Statistics and Probability

How do you calculate true population proportion if your

How Do you calculate true population proportion if your defective sample is too small? For example, if you have 50 and defect is 4. Please look below for more details.

Suppose thatnbspx1nbspx2 nbspx100nbspis a sample from a

Suppose that  X 1 ,  X 2 , ...,  X 100  is a sample from a normal distribution whose  Sample Mean  has a  N (3,3) distribution. What is the population distribution? (note: specify parameters of the distribution)

A process is normally distributed with a mean of 104

A process is normally distributed with a mean of 104 rotations per minute and a standard deviation of 8.2 rotations per minute. If a randomly selected minute has 128 rotations per minute, would the process be considered ...

Suppose we can only sample from uniform distribution 01

Suppose we can only sample from Uniform distribution (0,1) with k=3. Design an algorithm to simulate chi-square distribution with 2k freedom via general transformation method.

How does a firm navigate strategic management in the

How does a firm navigate strategic management in the context of an international environment? What complications does an international environment provide? What are the benefits of operating in an international environme ...

A coin is flipped five times in an experiment if x is the

A coin is flipped five times in an experiment. If x is the number of heads that turn out in the experiment, what is the set of possible values of variable x?

Assume that the fisherman can use between 5 and 8 lines

Assume that the fisherman can use between 5 and 8 lines. With 5 lines, the probability of a catch on each line is 0.71. With 6 this probability is 0.63, with 7 it is 0.51, and with 8 the probability is 0.43. 1) How many ...

Interested in learning more about its fans the marketing

Interested in learning more about its fans, the marketing office of the Arena Football League (AFL) conducted a survey at one of its games. The survey had 952 respondents, 679 males and 273 females. Out of the 952 total ...

Letnbspxnbsp age in years of a rural quebec woman at the

Let  x  = age in years of a rural Quebec woman at the time of her first marriage. In the year 1941, the population variance of  x  was approximately  σ 2  = 5.1. Suppose a recent study of age at first marriage for a rand ...

A doctor whats to exam prior medical records in an attempt

A doctor whats to exam prior medical records in an attempt to estimate the proportion of juvenile valley fever cases that escalated to spinal meningitis. He wants to estimate the proportion within 2% with 98% certainty. ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As