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8_murik_8 [283]
4 years ago
8

Accounts receivable represents:_________

Business
1 answer:
coldgirl [10]4 years ago
7 0

Answer:

A. Amounts which are owed to the company by its customers resulting from credit sales.

Explanation:

When the company sells its product to the customers on a credit basis is called account receivable. The amount which is to be sold on credit comes under the account receivable. It is a liquidity ratio which can be converted into cash within one year

This account receivable comes under the current assets side in the asset section of the balance sheet

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List 5 factors that ​you ​would be looking for when buying a used car.
julia-pushkina [17]

Answer:

Price, Speed, Gas type, Quality, and Reliability

Explanation:

4 0
3 years ago
At 100 units of output, total cost is $10,000 and variable cost is $6,000. What does average fixed cost equal at 100 units?
UNO [17]

Answer:

$40

Explanation:

Total costs are comprised of total variable costs plus total variable costs. i.e., total costs = variable cost +fixed costs

in this situation,

$10,000 = $6,000 + fixed costs

Fixed costs = $10,000 -$6000

fixed costs = $4000

Average fixed cost is the fixed cost divided by total output

=$4000/100

= $40

8 0
3 years ago
A decrease in the cost of production will lead to a(n) _____ in supply.
elixir [45]

Answer:

increase

Explanation:

lees cost means higher production so more supply

8 0
3 years ago
The knowledge a firm possesses can be a source of competitive advantage. Describe ways that a firm can continuously learn to mai
tino4ka555 [31]

Answer:

It includes; Digging deeper into areas of knowledge/expertise and comparison of achievement can help foster,creat or lead to a competitive position/ advantage. Finding out, sourcing and making use of other areas or sources of knowledge and information can keep a company up to date of competitive efforts and leads to an environment for creativity, shows/ create new knowledge within the company thereby finally leading toexisting competitive advantages and going after new ones.Success is a product of failure so therefore, getting the knowledge of failure as part of the innovative process can bring good results.

Meeting goals with all flexibility and sharing of personal stories, sourcing outsiders, proving one’s self wrong will all foster a kind of fear-free searching of new ideas.

Explanation:

For firm generally, crafting, creating or bringing a strategy that gives/yields a competitive advantage over rivals is said to be the most reliable means of achieving above-average profitability and financial performance in any organization. A company can attain and have sustainable competitive advantage if and when the elements of the strategy used by the company give buyers lasting and good impression orreasons to prefer a company's products or services over those of their competitors.

Strategic approaches used by company to build a competitive advantage includes; Focusing on a narrow market environment (niche) within an industry and also creating an advantage based on offering more value for the money e.t.c.

4 0
3 years ago
Blanchard Corporation issued a 1-year, 9%, $150,000 note payable on April 30, 2022. Interest expense for the year ended December
WITCHER [35]

The interest expense for the year ended December 31, 2021, for Blanchard Corporation is b) $9,000.

<h3>How is interest expense computed?</h3>

Interest expense is prorated.  Since Blanchard Corporation issued the notes on April 30, the interest expense for the year will not be for 12 months but only 8 months (May to December).

<h3>Data and Calculations:</h3>

Note payable = $150,000

Interest rate = 9%

Period of note = 1 year

Date of issuance = April 30, 2020

Interest expense at December 31, 2021 = $9,000 ($150,000 x 9% x 8/12)

Thus, the interest expense for the year ended December 31, 2021 is b) $9,000.

Learn more about interest expense at brainly.com/question/16134508

8 0
2 years ago
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