Purchases transactions xanadu company purchased merchandise on account from springhill company for $12,600, terms 1/10, n/30. xanadu returned merchandise with an invoice amount of $2,800 and received full credit.

a. if xanadu company pays the invoice within the discount period, what is the amount of cash required for the payment? if required, round the answer to the nearest dollar. $
b. what account is debited by xanadu company to record the return?

Which term refers to the cost that motivates an economic decision

Digitalhealth electronics inc. is a company that builds diagnostic devices. it was the first company to develop a compact mri scanner by reconfiguring the components of the mri technology. this smaller and user-friendly version of the huge mri scanner created demand from small hospitals, nursing homes, and private practice doctors who were earlier dependent on the scanning machines in large hospitals. which of the following types of innovations does this scenario best illustrate? a. disruptive innovation b. incremental innovation c. radical innovation d. architectural innovation

What is the difference between the contractual interest rate and the market interest rate?