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
olga2289 [7]
4 years ago
9

Non-trade receivables should be reported separately from trade receivables. Why is this statement either true or false?

Business
1 answer:
kozerog [31]4 years ago
7 0

Answer:

The answer is: C) It is true because non-trade receivables do not result from business operations and should not be included with accounts receivable.

Explanation:

Usually non-trade receivables are current assets that should be converted into cash with a one year period, e.g. employee loans, tax refunds. Sometimes they will need more than one year to be converted into cash, so they have to be classified as non current assets.

These assets were not generated by normal business operations, therefore they should not be included under accounts receivables.  

You might be interested in
Assume the following information appears in the standard cost card for a company that makes only one product: Standard Quantity
Dmitriy789 [7]

Answer:

$500 U

Explanation:

From the given information:

Standard hours allowed = 3900 × 2

= 7800 hours

The variable overhead efficiency variance = ( actual hours - standard hours) × standard variable overhead rate

= (8000 -7800) × $2.50

=(200) × $2.50

= $500 U (unfavourable)

4 0
3 years ago
When a tax is imposed on a good for which the supply is relatively elastic and the demand is relatively inelastic,
kondaur [170]

Answer:

a. buyers of the good will bear most of the burden of the tax.

Explanation:

When a tax is imposed on a good for which the supply is relatively elastic and the demand is relatively inelastic, buyers or consumers of the good will bear most of the burden of the tax.

However, when tax is imposed on a good whose supply is relatively inelastic and the demand for the goods is relatively elastic, the producers or sellers would be responsible for the tax burden of the goods.

Generally, tax revenues are larger with respect to the inelasticity of demand and supply.

4 0
4 years ago
Your company manufactures small kitchen appliances. It is introducing a new product line of appliances in designer colors with d
Gelneren [198K]

Answer:

B. Progressive elaboration

Explanation:

Progressive Elaboration is done for a specific project and then such planning is thoroughly descriptive and detailed, and the management tends to develop the plan more and more with each day, make it more accurate for the project.

In the given instance, since there is a requirement to know all the features along with characteristics of the project properly, the technique to be followed is Progressive Elaboration as all the detailed work will be done, and will be revised accordingly.

Therefore, the correct option is:

B. Progressive elaboration

6 0
3 years ago
The Government increases government spending by $1 billion on goods and services, $3 billion on increased subsidies of pre-schoo
exis [7]

The net effect of these changes in the expenditure if the marginal propensity to withdraw is 20 percent is that the consumer spending will rice.

<h3>How to illustrate the information?</h3>

In Keynesian macroeconomic hypothesis, it illustrates the impact of the monetary improvement spending.

If the government wanted to get the same impact through buying goods and services, the thing to do to increase the spending on goods and service is to reduce taxes and increase its expenditure.

The impacts that this might this decision have on the economy is that it will enhance globalization and and increase in the standard of living.

Learn more about expenditure on:

brainly.com/question/935872

#SPJ1

5 0
2 years ago
Assuming the company uses US GAAP standards, what is the total cash flow from financing activities?
saveliy_v [14]

Answer:

$30

Explanation:

The cash flows from financing activities will include:

+ issuance of preferred stock

+ issuance of bonds

- paid off long-term bank borrowings

- repurchase of common stock

- dividends paid

cash flows from financial activities = $35 + $50 - $15 - $30 - $10 = $30

The $45 resulting from the debt retired through issuance of common stock was not a financial operation, therefore it is not included in the cash flow form financial activities.

6 0
3 years ago
Other questions:
  • Racketeering is defined as:
    11·1 answer
  • During executing, a member of the project comes to the project manager because she is not sure of what work needs to accomplish
    10·1 answer
  • Expectation Hypothesis, 30 points1. Explain what is the expectation hypothesis.2. The one-year interest rate is 4% in 2019. The
    11·1 answer
  • A client has a large and active investment portfolio that is kept in a bank safe deposit box. If the auditors are unable tocount
    15·1 answer
  • If a car goes 70 miles per hour, how many hours does it take to travel 70 miles
    8·2 answers
  • Suppose that lenders want to receive a real rate of interest of 5 percent and that they expect inflation to remain steady at 2 p
    6·1 answer
  • Liz Raiborn Inc. has the following financial results for the years 2019 through 2021 for its three regional divisions: 2019 2020
    5·1 answer
  • Need help ASAP Need help ASAP
    15·2 answers
  • when they use internet ads marketers get their audience involved by using interactive content suck as​
    8·2 answers
  • Suppose the Baldwin company shifts focus to only competing in the Thrift and Nano segments, while competing on price by reducing
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!