Amarillo company experienced the following events during its first accounting period. (1) purchased $5,000 of inventory on account under terms 1/10/n30. (2) returned 1,000 of the inventory purchased in event 1. (3) paid the remaining balance in account payable for the inventory purchased in event 1. if the company pays the account payable after the discount period has expired, how much cash will be required to settle the liability?

When the two countries did not specialize, the total production of jeans was 23 million pairs per month, and the total production of corn was 68 million bushels per month. because of specialization, the total production of jeans has increased by million pairs per month, and the total production of corn has increased by million bushels per month. because the two countries produce more jeans and more corn under specialization, each country is able to gain from trade?