Under the terms of 2/10 net 30, the buyer may:A . deduct 10% of the invoice amount for payment within 30 daysB . deduct 2% of the invoice for payment within 10 daysC . incurs a penalty on 10% for payments more than 30 days lateD . settle the invoice with 2 equal payments; one within 10 days and the other within 30 daysE . None of the above
Under the terms of 2/10 net 30, the buyer may:
A . deduct 10% of the invoice amount for payment within 30 days
B . deduct 2% of the invoice for payment within 10 days
C . incurs a penalty on 10% for payments more than 30 days late
D . settle the invoice with 2 equal payments; one within 10 days and the other within 30 days
E . None of the above
相关考题：
79 Under the terms of 2/10 net 30, the buyer may:A. deduct 10% of the invoice amount for payment within 30 daysB. deduct 2% of the invoice for payment within 10 daysC. incurs a penalty on 10% for payments more than 30 days lateD. settle the invoice with 2 equal payments; one within 10 days and the other within 30 daysE. None of the above
161 Under the terms of 2/10 net 30, the buyer may:A. deduct 10% of the invoice amount for payment within 30 daysB. deduct 2% of the invoice for payment within 10 daysC. incurs a penalty on 10% for payments more than 30 days lateD. settle the invoice with 2 equal payments; one within 10 days and the other within 30 daysE. None of the above
In January 2008 Arti entered in a contractual agreement with Bee Ltd to write a study manual for an international accountancy body’s award. The manual was to cover the period from September 2008 till June 2009, and it was a term of the contract that the text be supplied by 30 June 2008 so that it could be printed in time for September. By 30 May, Arti had not yet started on the text and indeed he had written to Bee Ltd stating that he was too busy to write the text.Bee Ltd was extremely perturbed by the news, especially as it had acquired the contract to supply all of theaccountancy body’s study manuals and had already incurred extensive preliminary expenses in relation to the publication of the new manual.Required:In the context of the law of contract, advise Bee Ltd whether they can take any action against Arti.(10 marks)
3 (a) Leigh, a public limited company, purchased the whole of the share capital of Hash, a limited company, on 1 June2006. The whole of the share capital of Hash was formerly owned by the five directors of Hash and under theterms of the purchase agreement, the five directors were to receive a total of three million ordinary shares of $1of Leigh on 1 June 2006 (market value $6 million) and a further 5,000 shares per director on 31 May 2007,if they were still employed by Leigh on that date. All of the directors were still employed by Leigh at 31 May2007.Leigh granted and issued fully paid shares to its own employees on 31 May 2007. Normally share options issuedto employees would vest over a three year period, but these shares were given as a bonus because of thecompany’s exceptional performance over the period. The shares in Leigh had a market value of $3 million(one million ordinary shares of $1 at $3 per share) on 31 May 2007 and an average fair value of$2·5 million (one million ordinary shares of $1 at $2·50 per share) for the year ended 31 May 2007. It isexpected that Leigh’s share price will rise to $6 per share over the next three years. (10 marks)Required:Discuss with suitable computations how the above share based transactions should be accounted for in thefinancial statements of Leigh for the year ended 31 May 2007.
(b) Router has a number of film studios and office buildings. The office buildings are in prestigious areas whereasthe film studios are located in ‘out of town’ locations. The management of Router wish to apply the ‘revaluationmodel’ to the office buildings and the ‘cost model’ to the film studios in the year ended 31 May 2007. At presentboth types of buildings are valued using the ‘revaluation model’. One of the film studios has been converted to atheme park. In this case only, the land and buildings on the park are leased on a single lease from a third party.The lease term was 30 years in 1990. The lease of the land and buildings was classified as a finance lease eventhough the financial statements purport to comply with IAS 17 ‘Leases’.The terms of the lease were changed on 31 May 2007. Router is now going to terminate the lease early in 2015in exchange for a payment of $10 million on 31 May 2007 and a reduction in the monthly lease payments.Router intends to move from the site in 2015. The revised lease terms have not resulted in a change ofclassification of the lease in the financial statements of Router. (10 marks)Required:Discuss how the above items should be dealt with in the group financial statements of Router for the year ended31 May 2007.
(d) Sirus raised a loan with a bank of $2 million on 1 May 2007. The market interest rate of 8% per annum is tobe paid annually in arrears and the principal is to be repaid in 10 years time. The terms of the loan allow Sirusto redeem the loan after seven years by paying the full amount of the interest to be charged over the ten yearperiod, plus a penalty of $200,000 and the principal of $2 million. The effective interest rate of the repaymentoption is 9·1%. The directors of Sirus are currently restructuring the funding of the company and are in initialdiscussions with the bank about the possibility of repaying the loan within the next financial year. Sirus isuncertain about the accounting treatment for the current loan agreement and whether the loan can be shown asa current liability because of the discussions with the bank. (6 marks)Appropriateness of the format and presentation of the report and quality of discussion (2 marks)Required:Draft a report to the directors of Sirus which discusses the principles and nature of the accounting treatment ofthe above elements under International Financial Reporting Standards in the financial statements for the yearended 30 April 2008.
有如下程序:includeusing namespace std;class Amount{int amount;public:Amount(int 有如下程序： #include＜iostream＞ using namespace std； class Amount{ int amount； public： Amount(int n=0)：amount(n){ } int getAmount( )const{return amount；} Amountoperator+=(Amount A) { amount+=a.amount； return； } }； int main( ){ Amount x(3)，y(7)； x+=y： cout＜＜x.getAmount( )＜＜endl； return 0； } 已知程序的运行结果是10，则下画线处缺失的表达式是A．*thisB．thisC．amountD．amount
在2/10 net 30条款中买方会（ ）A．扣除发票额的10%在30天内支付B．扣除发票额的2%在10天内支付C．超过30天付款则需支付10%的罚金D．将发票额分成对等的两部分一部分在10天内支付另一部分在30天内支付
根据以下内容，回答235-239题。What is the last day to apply for the WHC position? （ ）A.May 1B.May 10C.May 17D.May 27