1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Kryger [21]
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]3 years ago
8 0
B I THINK IT IS I'M NOT SURE
You might be interested in
ABC Corporation distributes property to its sole shareholder, Andre. The property has a fair market value of $350,000, an adjust
saul85 [17]

Answer:

ABC has a gain of $145,000 and Andre's dividend income is $130,000

Explanation:

Property ABC issued, has the following:

fair market value = $350,000

Adjusted basis = $205,000

Liability = $220,000

Calculate ABC's Corporation gain:

Gain = market value - Adjusted basis

= $350,000 - $205,000

= $145,000

ABC has a gain of $145,000

Calculate Andre's dividend income since he is the sole shareholder:

Dividend earnings = fair market value - liability

= $350,000 - $220,000

= $130,000

Andre's dividend income is $130,000

Correct option is D.

With respect to distribution, ABC has a gain of $145,000 and Andre's dividend income is $130,000

8 0
3 years ago
Record the consumption of supplies durning the month is supplies worth $4000 were purchased on January 5 and at the end of the m
Marat540 [252]

Answer: that means you got 3/4 worth of supplies that were purchased.

Explanation:

So the way you did this problem is so weird and is not understandable

4 0
3 years ago
According to mesmer-magnus and viswesvaran, organizational employees have three options to address an unsatisfactory situation f
zavuch27 [327]

According to Mesmer-Magnus and Viswesvaran, organizational employees have three options to address an unsatisfactory situation faced within an organization. These include: exiting the organization, remaining silent, voice discontent.

<h3>What are organizational employees?</h3>

They are the ones who effectively contribute to an organization's smooth operation. They work really hard to deliver what they promise and complete the specified tasks by the deadline. The culture of the workplace is significantly influenced by the personnel.

Through negotiation techniques, organizational members develop their identities as runners. Members take up the role of models for new members in a continuing identity. Running as a societal norm might be supported by an organization.

The foundation of a solid, long-lasting corporation is its workforce. No matter what level, employees are in charge of the company. This means that their fortitude, fidelity, and devotion, as well as their emotional ties to the company, cannot be valued as assets.

Mesmer-Magnus and Viswesvaran assert that there are three ways for organizational personnel to deal with problematic circumstances they encounter. These include leaving the company, keeping quiet, and voicing your dissatisfaction.

To learn more about organizational employees refer to:

brainly.com/question/1190099

#SPJ4

7 0
2 years ago
The following transactions occurred during November: Borrowed $2,700 from the bank in and signed a promissory note. Received $52
Anarel [89]

Answer: $5,000

Explanation:

Going by the Accrual principle in accounting, revenue is only to be recognized when earned. This means that revenue from services performed in October and revenue from services to be performed in December, will not be part of revenue reported in November.

Revenue to be recorded in November income statement = Billed $3,950 to customers for services performed on account in November + Received $1,050 cash for services performed during November

= 3,950 + 1,050

= $5,000

6 0
3 years ago
Sheila went to college to study accounting, and got her first entry-level job right after graduating. however, as she gained mor
Len [333]
Sheila is in the state of realistic period where a person would likely be motivated and pursuing of the things that he or she wanted to do because of her or his personal goals or the idea that he or she has in mind. It could be seen above as she wants to pursue law because of the knowledge that she gains in the area.
8 0
3 years ago
Other questions:
  • Quuizlet the two common methods of processing credit and debit card transactions are
    6·1 answer
  • Wilkinson and Daughters has net income of $415,400, total assets of $2.2 million, and total liabilities of $1.08 million. The co
    10·1 answer
  • Requirements for Negotiability.1. Be in writing:2. Be signed by the maker or the drawer:3. Be an unconditional promise or order
    15·1 answer
  • Australia is a major producer of agricultural and dairy products and exports coffee, tea, spices, and milk products to the Unite
    8·1 answer
  • What is the overriding goal of a customer relationship management system?
    7·1 answer
  • Economic analysis assumes "rational or purposeful behavior," which means that people will pursue decisions or actions rev:
    9·1 answer
  • Calculate the value of a bond that matures in 12 years and has a $ 1 comma 000 par value. The annual coupon interest rate is 13
    8·1 answer
  • What is your long term career goal?
    13·1 answer
  • 1) Synovec Co. is growing quickly. Dividends are expected to grow at a rate of 30 percent for the next three years, with the gro
    10·1 answer
  • In Waterway Company, Treasury Stock increased $20400 from a cash purchase, and Retained Earnings increased $80200 as a result of
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!