Sarah Just Received an Invoice for $12,000 with Terms of 2/10

question 71

Multiple Choice

Sarah just received an invoice for $12,000 with terms of 2/10, n/30. The invoice date was June 1. Her contract with the vendor indicates a charge of 1.5 percent per month on late payments. If Sarah pays this bill on July 15, she will send the vendor a check for

• A) $11,760.
• B) $12,000.
• C) $12,180.
• D) Cannot answer without more information.

Identify the barriers to effective training and development and strategies to overcome them.

Understand how external factors and internal pressures affect the need for training.

Recognize the importance of creating a supportive learning culture and climate for training transfer.

Understand the key theories and models of leadership, including Theory X, Theory Y, and the Situational Leadership Model.

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Definitions:

Held-To-Maturity Securities

Debt securities that a firm has the intent and ability to hold until they mature rather than trading them.

Trading Securities

Financial instruments bought and held primarily for selling in the near term to profit from price changes.

Unrealized Gain (Loss)

The increase (gain) or decrease (loss) in the value of investments that a company holds, which have not yet been sold for a profit or a loss.

Long-Term Investments

Assets intended to be held for more than one year, including stocks, bonds, real estate, and other securities.