All categories

2 years ago

A promissory note

Business

1 answer:

Sloan [31]2 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.

You might be interested in

Organizational portfolio plan, the final phase of the strategic planning process, involves?

Mnenie [13.5K]

The main purpose of organizational portfolio plan is to ensure that the high-level strategy that the organization is implementing translated to an actual workable plan that is measurable and specific enough to be executed by the relevant business functions responsible.

A gap between strategy and executed plans are a very common business problem to encounter in various industries. Thus, the best answer for the question is (A) identifying strategic business units (sbus) and establishing methods to determine how resources should be allocated among the various sbus.

3 0

3 years ago

There are three

Lana71 [14]

The correct alternative is letter C. Inflation control. This is the first strategy to control the currency in the economy, being one of the main objectives of monetary policy in a country.

<h3 /><h3>What is monetary policy?</h3>

It is the set of governmental strategies and actions to interfere in the investment market and in the consumption power of citizens, through the control of the basic interest rate of the economy, which is an instrument capable of influencing the value of a currency and the prices of goods. consumption, thus generating a control over inflation in search of economic balance in a country.

Therefore, controlling inflation is a short-term measure that generates a series of impacts on an economy, such as fiscal and monetary contraction measures, such as increasing taxes and reducing public spending.

Find out more about monetary police here:

brainly.com/question/13926715

#SPJ1

8 0

1 year ago

A ________ perspective on quality involves a subjective assessment of the efficacy of every step on the process for the customer

Butoxors [25]

Answer:

Value-Added.

Explanation:

A value-added perspective on quality involves a subjective assessment of the efficacy of every step on the process for the customer. A value-added perspective on quality is a strategic business approach in which businesses engage in activities that brings value, benefits or satisfaction to the consumer of its goods and services, to achieve this goal, business managers usually ensures that the manufacturing and distribution process or steps are effective and efficient.

5 0

2 years ago

Linda visits her favorite clothing store and is disappointed to discover that the shirt she was hoping to purchase is out of sto

Julli [10]

Answer:

d. backorder

Explanation:

Based on the scenario being described within the question it can be said that the sales associate most likely offered to backorder the item for Linda. This is when a retailer places an order for a product that is no longer in stock for the time being, in order to comply with the customer, but will take a while for that order to come in and for the transaction to be completed.

8 0

3 years ago

Kwik taxi service uses the units-of-activity method in computing depreciation on its taxicabs. Each cab is expected to be driven

zimovet [89]

Answer:

Explanation:

Depreciation cost :

2016: expected useful life

Cost - salvage value X usage

= 140,000

24,300-700

=5.93*28,000 = $166,101.69

2017: expected useful life

Cost - salvage value X usage

= 140,000

24,300-700

=5.93*33,000 = $195,762.71

Depreciation Expense:

2016: (cost-salvage value)*actual activity performed

total estimated useful life

= (24,300-700)*28,000

140,000

=$4,720

2017: (cost-salvage value)*actual activity performed

total estimated useful life

= (24,300-700)*33,000

140,000

=$5,562.86

6 0

3 years ago