Assume the following data concerning a purchase of merchandise by icon co. on april 2:
april 2.
purchased $4,000 of merchandise on account from gamma co., terms 2/10, n/30.
4. returned $2,000 of the merchandise purchased on april 2.
12. paid for the purchase of april 2 less the return and discount.

the purchase amount that icon co. would record on april 2 would be

$3,200.

$3,920.

$4,000.

none of these choices are correct.

How did lani lazzari show her investors she was a good investment? (site 1)

Magic realm, inc., has developed a new fantasy board game. the company sold 15,000 games last year at a selling price of $20 per game. fixed expenses associated with the game total $182,000 per year, and variable expenses are $6 per game. production of the game is entrusted to a printing contractor. variable expenses consist mostly of payments to this contractor.required: 1-a. prepare a contribution format income statement for the game last year.1-b. compute the degree of operating leverage.2. management is confident that the company can sell 58,880 games next year (an increase of 12,880 games, or 28%, over last year). given this assumption: a. what is the expected percentage increase in net operating income for next year? b. what is the expected amount of net operating income for next year? (do not prepare an income statement; use the degree of operating leverage to compute your answer.)

When the price is the equilibrium price, we would expect there to be a causing the market to put pressure on the price until it went back to the equilibrium price. a. above; surplus; upward b. above; shortage; downward c. below; surplus; upward d. below; shortage; downward e. above; surplus; downward?