A firm has just ended the calendar year making a sale in the amount of $200,000 of merchandise purchased during the year at a t

Question

3 years ago

13

A firm has just ended the calendar year making a sale in the amount of $200,000 of merchandise purchased during the year at a t

otal cost of $150,500. although the firm paid in full for the merchandise during the year, it has yet to collect at year end from the customer. one possible problem this firm may face is ________.
a. insolvency
b. high leverage
c. low profitability
d. inability to receive credit

Business

1 answer:

MrRissso [65] · Answer 1 · 2022-03-01T07:59:30+03:00

MrRissso [65]3 years ago

8 0

B I THINK IT IS I'M NOT SURE

A firm has just ended the calendar year making a sale in the amount of​ $200,000 of merchandise purchased during the year at a t

A firm has just ended the calendar year making a sale in the amount of $200,000 of merchandise purchased during the year at a t