Purchases were made on account on august 5th in the amount of $100,000 with terms of 1/10, n/30. the bill was paid on august 14th. in a perpetual inventory system the journal entry to record the payment would include
a: a credit to accounts receivable for $100,000.
b: a debit to accounts payable for $99,000.
c: a credit to cash for $100,000.
d: a credit to inventory for $1,000.

What are six resources for you decide which type of business to start and how to start it?

Which of the following differentiates cost accounting and financial accounting? a. the primary users of cost accounting are the investors, whereas the primary users of financial accounting are the managers. b. cost accounting measures only the financial information related to the costs of acquiring fixed assets in an organization, whereas financial accounting measures financial and nonfinancial information of a company's business transactions. c. cost accounting measures information related to the costs of acquiring or using resources in an organization, whereas financial accounting measures a financial position of a company to investors, banks, and external parties. d. cost accounting deals with product design, production, and marketing strategies, whereas financial accounting deals mainly with pricing of the products.

Take it all away has a cost of equity of 11.11 percent, a pretax cost of debt of 5.36 percent, and a tax rate of 40 percent. the company's capital structure consists of 67 percent debt on a book value basis, but debt is 33 percent of the company's value on a market value basis. what is the company's wacc