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2 years ago

What is the difference between accounts payable and accounts receivable?

1 answer:

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Accounts payable - Accurately tracking what's owed to suppliers, ensuring payments are properly approved and processing payments.

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Accounts receivable - The balance of money due to a firm for goods or services delivered or used but not yet paid for by customers.

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Select the correct answer from each drop-down menu.

LUCKY_DIMON [66]

Answer:

1. Technical improvements cause production costs to decline, which causes supply to increase and prices to decrease.

2. Decreased unemployment causes consumer incomes to increase which causes demand to increase and hence price to increase.

Explanation:

Demand refers to a consumer's desire to purchase a particular good or service at a given time for a specific price. Supply on the other hand, is the willingness of a producer to produce a particular good or service at a given time for specific price.

1. Production cost is a factor that influences supply. For example, cost of labor or raw material cost. When production costs fall, more products can be produced at a lesser cost. Hence'

The supply curve shifts right from S1 to S2.
This causes quantity supplied to increase from QS1 to QS2
And price to fall from P2 to P1. Please refer Diagram 1 in attachment.

2. When unemployment decreases, it means that more people are working in the economy and hence their incomes are also higher. This means there is a higher purchasing power and also higher demand for products. Hence,

The demand curve shifts from D1 to D2.
This causes quantity demanded to increase from QD1 to QD2
And price to increase from P1 to P2. Please refer Diagram 2 in attachment.

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3 years ago

What does SSQ stand for?

mixer [17]

Answer:

Special Skills Qualification (most likely)

Explanation:

There are many different things it could stand for, however since you did not specify the context of this, I am assuming it would be this as it is most common.

5 0

2 years ago

Read 2 more answers

Preferred stock has a par (face) value of $80. The annual dividend is $6.00 per share. Investors in this preferred stock have a

umka2103 [35]

Answer: $75

Explanation:

Using the Gordon Growth Model:

Price of stock = Next year dividend / (Required return - growth rate)

Growth rate is 0% as dividend does not change per year.

Price of stock = 6 / 8%

= $75

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2 years ago

Nike wanted to extend its market research to understanding techniques that it could use to keep women in the store longer. Throu

Alexeev081 [22]

Answer:

Relaxing

Explanation:

The distractors need to be identify and pull out of the shops to make the women feel focus when they want to buy.

Relaxing music, and an atmosphere that is melow (review pantone of stores) will certainly induce a comfortable mood.

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3 years ago

Selected transactions for Front Room, an interior decorator corporation, in its first month of business, are as follows.

Arlecino [84]

Answer:

1 . Debit Asset , bank increase normal balance is Debit balance , Credit Equity stock increase , normal balance is credit balance

2 . Debit Asset , Vehicles , increase , normal balance is Debit balance . Credit Asset , Bank , decrease , normal balance is Debit balance

3 . Debit Expense , Supplies , increase , normal balance is Debit . Credit Liabilities , Accounts payable , increase , normal balance is credit balance .

4 . Debit Asset , Accounts receivable , increase , normal is balance Debit . Credit Income , Service rendered , increase , normal balance is Credit balance .

5 . Debit Expense , Advertising , increase , normal balance is Debit balance . Credit Asset , Bank , decrease , normal is balance Debit .

6 . Debit Asset , Bank , Increase , normal balance is Debit balance . Credit Asset , Accounts receivable , Decrease , Normal balance is Debit balance .

7 . Debit Liability, Accounts payable, decrease, normal is balance credit balance . Credit Asset, Bank, Decrease, normal balance is Debit balance .

8 . Debit Equity , Dividends Paid , decrease , normal balance is credit balance .

Credit Asset , Bank , decrease , normal balance is Debit balance

Explanation:

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3 years ago