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Elanso [62]
4 years ago
9

Failure to pay a loan is referred to as:

Business
2 answers:
Ksivusya [100]4 years ago
8 0
Yea he is right it's a default as it would be a bad debt
LiRa [457]4 years ago
3 0
That would be:

B.) Defualt
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Answer:

8.5

Explanation:

Account receivable turnover is calculated by dividing the net credit sales by the average of account receivable .

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Account receivable - $43000

Average account receivables = (91000+43000)/2= $67,000

Account receivable turnover = 569000/67000 =8.5

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3 years ago
Colaw Co. pays all salaried employees on a biweekly basis. Overtime pay, however, is paid in the next biweekly period. Colaw acc
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Answer: the correct answer is $128,000

Explanation:

$20,000 (overtime pay)  + ($ 360,000 / 10*3).  Biweekly salaries are

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