Answer:
C
Explanation:
The total revenues from buyers and stock holders.
Answer:
A) repay the short-term obligations out of the sales revenue.
Explanation:
Tidewater should use their profits to try to lower their total debts, specially short term obligations. The problem with short term obligations is that the company continuously needs an inflow of cash to repay them.
It is not something unusual for retailers to take 1-3 month credits to purchase and resell merchandise, but they always have the risk of not being able to sell enough merchandise one month to cover their costs and their debt payments.
Long term debt is always more manageable since you have more than a year to pay them back and the interest rates are usually lower.
Sales account is least likely to have a subsidiary ledger, so the correct answer is (a).
All sales transactions are documented in a sales account. Both credit and cash sales are included in this. The net sales amount that appears at the forefront of the income statement is determined by adding the account total to the sales returns and allowances accounts. A current client could also be referred as a sales account. A customer becomes a marketing account once a sale has been made to them. In order to arrive at a number referred to as net sales, the achieve business is typically merged with the returns and allowances account.
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<span>A public debt owed to foreigners can be burdensome because B) payment of interest reduces the volume of goods. This can usually be seen illustrated in the form of a nation lending another nation money. The debt is public because the whole nation takes it on. The lending nation then is lacking in terms of use by the lending nation.</span>
T<span>he parents have probably formed a "cooperative".
</span>
A cooperative is a private business association that is claimed and controlled by the general population who utilize its items, supplies or administrations. In spite of the fact that cooperatives shift in sort and enrollment estimate, all were shaped to meet the particular targets of individuals, and are organized to adjust to part's evolving needs.