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Alinara [238K]
3 years ago
8

A promissory note

Business
1 answer:
Sloan [31]3 years ago
8 0

Answer: c. may be used to settle an accounts receivable.

Explanation: A promissory note is defined as a financial instrument that contains a written promise by the note issuer or maker to pay the note payee a definite sum of money at a specific future date or on demand and  may be used to settle an accounts receivable (the balance of money due to a firm for goods or services delivered or used but not yet paid for by customers and are listed on the balance sheet as a current asset). They are commonly used in businesses as a form of short term financing as they can be exchanged for cash at a future time when account receivables have been collected.

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The assets for BIZZ0 in 2018 were $187,300; the liabilities for that year were $275,600; and the net income was $17,700. What wa
Leto [7]

Answer: 9.45%

Explanation:

From the question, we are informed that the assets for BIZZ0 in 2018 were $187,300, the liabilities for that year were $275,600; and the net income was $17,700.

The return on income for the year will be:

= ( Net Income / Total Assets ) × 100

= ($17,700 / $187,300) × 100

= 0.0945

= 9.45%

8 0
3 years ago
Jamal purchased a Subway franchise in a great location across the street from an outlet mall. After two years in business, Jamal
Alchen [17]

The correct answer to this open question is the following.

Although the question is incomplete because it does not attach the model to answer it we can comment on the following.

The problem is that Jamal, trying to increase profits, decided to sell two different products that are not part of the Subway products. When the franchisor visited Jamal's location, it realized the changes and set an ultimatum to Jamal to respect the franchise agreement.

The cause of the problem is that although Jamal wanted to diversify the products to have more income, this contradicts and is against the franchise agreement he signed when he bought the Subway franchise. The contract clearly states that the owner of the franchise can only sell products authorized in the contract by Subway. That is exactly one of the characteristics of a franchise. That you visit one of them any place in the world, and you are going to find de the same products with the same quality. That is the product guarantee of a franchise like Subway.

So the effects for the company are that its reputation an image can be questioned for selling different products that are hot approved by Subway. It is a major risk the company is not going to allow. Furthermore, it is stated in the contract. So Jamal has no right to break it.

One possible solution is that Jamal respects those 30 days to make the proper corrections, follow the guidelines established in the Subway's manuals, offer a sincere apology, and commit himself to operate the franchise just as it is stated on the agreement.

7 0
3 years ago
Alex is a brand manager at a large corporation. For the last 14 months he has been reading and re-reading all the research data
Simora [160]

Alex is attempting to overcome Paralysis by Analysis.

<h3>What does "paralysis by analysis" mean?</h3>

According to Botnick, ruminating is the act of repeatedly spinning the same thoughts. But usually this overthinking doesn't produce any fresh insight. What ultimately causes the "paralysis," or inability to decide, is continuing to consider options when you already feel worn out and overwhelmed.

Overanalyzing or overthinking a situation can make forward motion or decision-making "paralyzed," which means that no solution or plan of action is agreed upon within a reasonable amount of time. Analysis paralysis describes an individual or group process where this might happen.

To know more about Paralysis by Analysis, refer:

brainly.com/question/14897425

#SPJ4

8 0
1 year ago
Given the following information, determine the cost of goods manufactured and the cost of goods sold for the year ended December
natulia [17]

Answer:

$731,000 and $684,000

Explanation:

The computations are shown below:

For cost of goods manufactured    

= Direct materials used + Direct labor cost + Manufacturing overhead incurred + opening work-in-process inventory - closing work-in-process inventory    

= $271,000 + $126,000 + $359,000 + $193,000 - $218,000

= $731,000

For cost of goods sold

= Opening finished goods Inventory + Cost of goods manufactured - Ending finished goods Inventory

= $395,000 + $731,000 - $442,000

= $684,000

4 0
3 years ago
The largest component of the u.s. municipal solid waste stream is ____________.
Inessa [10]
<span>Paper and paper products. The majority of the paper in the U.S. municipal solid waste stream most likely comes from toilet paper. This is because the majority of americans use toilet paper while peeing and pooping. Interestingly, this is not the case in all countries. In some places, people use natural products, while others wash their parts with a stream of water from a bidet.</span>
8 0
3 years ago
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