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3 years ago

Debt that is callable by the creditor in the upcoming year, but is not expected to be called, is reported as

Business

1 answer:

balu736 [363]3 years ago

3 0

Answer: current liability

Explanation: Callable debts are simply called bonds (an investment instrument whereby an individual or investor loans a certain amount to an organization in other to finance a project or business that yields profit) which the creditor or issuer call of or terminate a bond before it reaches maturity usually due to decline or decrease in the interest rate on investment, which could have fallen below or seem illogical given the Interst rate in the bond. As such, bonds which are Callable are reported as current liabilities even when they are not expected to be called as current liabilities should include all of an organization's debt or liabilities which should be cleared within 12 months(current fiscal year).

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The formula for the production budget is budgeted sales in units plus desired ending merchandise inventory less beginning mercha

Deffense [45]

Answer:

desired ending finished goods units less beginning finished goods units.

Explanation:

production budget can be regarded as budget that gives the calculation of the number of units of particular products which is needed to be manufactured, this is comprises the sales forecast as well as amount of finished goods inventory that is planned to have on hand.

It should be noted that the formula for the production budget is desired ending finished goods units less beginning finished goods units..

7 0

3 years ago

The manufacturing cost of Calico Industries for three months of the year are provided below. Total Cost Production (units) April

elena55 [62]

Answer:

The correct answer is D.

Explanation:

Giving the following information:

Total Cost Production (units)

April $119,400 281,300

May 92,000 162,800

June 99,000 238,000

To calculate the variable cost per unit and the total fixed cost, we need to use the following formula:

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)

Variable cost per unit= (119,400 - 92,000) / (281,300 - 162,800)

Variable cost per unit= $0.231

Fixed costs= Highest activity cost - (Variable cost per unit * HAU)

Fixed costs= 119,400 - (0.231*281,300)

Fixed costs= $54,701

7 0

3 years ago

A party who agrees to act on behalf of another person or party is called a( n ) ________.

IceJOKER [234]

A party who agrees to act on behalf of another person or party is called an agent.

6 0

3 years ago

Indigo Corporation significantly reduced its requirements for credit sales. As a result, sales during the current year increased

zhuklara [117]

Answer:

(a) $200,100

(b) $200,100

Explanation:

The movement in the accounts receivable balance at the start and end of an accounting period is due to cash payments, additional credit sales, and any amount written off during the period.

This may be expressed mathematically as

opening balance + sales - cash collected - amount written off = closing balance

$35,100 + $361,800 - cash collected = $196,800

Cash collected = $35,100 + $361,800 - $196,800

= $200,100

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3 years ago

Developing effective marketing communications starts with __________.

AlexFokin [52]

Developing effective marketing communications starts with analyzing and understanding the current clients and why they chose those products or services. In the first step from the marketing communication the company should get insights into when, where, why and how people purchase the products.The main focus of the marketing communication strategy is to gain awareness.

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3 years ago