A level of quality or attainment.
Answer:
C. What percentage of sales will likely be made on credit?
Explanation:
Accounts receivable are defined as the claims of payment that can be legally enforceable which is held by any business for the supply of goods or the services that are rendered that the customers have utilized or ordered but not paid for it. It is the balance of the money which is due to the organization for the goods or the services taken.
So when forecasting about the accounts receivable, one question we need to ask is -- "What percentage of sales will likely be made on credit?"
When the cash is received by the debtor, and the transaction is recorded, the accounts receivable are credited and the cash is debited.
Answer:
Borrower can capitalize on a reference rate decrease
Explanation:
Variable interest rate is the floating interest rate, which changes with change in the interest rate given by central bank. It is not fixed it can vary. It might be increased or decreased time to time.
As a borrower Increase in interest rate will result in loss because due to variable nature we need to pay more interest and decrease in interest rate will result in profit because due to variable nature we need to pay less interest
Answer:
A need is something you can live without. a want is something you would like to have. is what you give up when making a financial decision.
Explanation: