On july 22, gary sold $25000 of inventory items on credit with the terms 3/15, net 30. payment on $16400 sales was received on august 1 and the remaining payment was received on august 12. assuming gary uses the gross method of accounting for sales discounts, which one of the following entries was made on august 1 to record the cash received?
a. cash 14,700 sales discount 300 accounts receivable 15,000b. cash 15,000 accounts receivable 15,000c. cash 14,700 accounts receivable 14,700d. accounts receivable 300 sales discount forfeited 300

Afood worker has just rinsed a dish after cleaning it. what should he do next?

Suppose that two firms produce differentiated products and compete in prices. as in class, the two firms are located at two ends of a line one mile apart. consumers are evenly distributed along the line. the firms have identical marginal cost, $60. firm b produces a product with value $110 to consumers. firm a (located at 0 on the unit line) produces a higher quality product with value $120 to consumers. the cost of travel are directly related to the distance a consumer travels to purchase a good. if a consumerhas to travel a mile to purchase a good, the incur a cost of $20. if they have to travel x fraction of a mile, they incur a cost of $20x. (a) write down the expressions for how much a consumer at location d would value the products sold by firms a and b, if they set prices p_{a} and p_{b} ? (b) based on your expressions in (a), how much will be demanded from each firm if prices p_{a} and p_{b} are set? (c) what are the nash equilibrium prices?

Differentiate between the trait, behavioral, and results-based performance appraisal systems, providing an example where each would be most applicable.