Sanford Inc., a consumer electronics product manufacturer is currently in the preproduction stage of launching one of its new high definition sound systems. In order to analyze the feasibility of the product, Sanford adopts an integrated system that allows it to manufacture the product before it physically exists, that is, the system allows Sanford to finalize the design of the system, analyze it, and do a test-run. In this context, Sanford is using a(n) .

Computer aided engineering system

Explanation:

Computer-aided engineering (CAE) is when computer software are being used to simulate performance so as to lead to the improvement of the product designs or help in solving engineering problems. Computer-aided engineering includes validation, simulation, and also optimization of processes, products, and manufacturing tools.

Sanford is using computer aided engineering as it adopts an integrated system that allows it to manufacture the product before it physically exists.

answer is not in the option.

The cash paid on June 24 equals $8,939

Explanation:

Amount due to be paid = Cost of Goods purchased - Cost of goods returned  on June 20

= 9,700 - 485

= $ 9,215

Discount 0f 3% in 10 days = amount due x  Discount percentage

= 9,215 x  3% ( 0.03)

= $ 276.45

Payment to be made on June 24 = Cash amount due - Discount amount

= 9,215 - 276.45

= $ 8938.55 ≈$8,939