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olchik [2.2K]
3 years ago
9

An overdraft is a current liability because

Business
1 answer:
iren2701 [21]3 years ago
3 0
Current Liabilities for Companies. Accounts payable - This is money owed to suppliers. Accrued expenses - These are monies due to a third party but not yet payable; for example, wages payable.
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One of your customers is delinquent on his accounts payable balance. youâve mutually agreed to a repayment schedule of $660 per
Ahat [919]
N=log((1−14,880×0.0106÷660)^(−1))÷log(1+0.0106)=25.9 months

5 0
3 years ago
What part of the business plan deals with details about promotion, pricing, and distribution, as well as on how the business wil
Genrish500 [490]

The business plan's strategy deals with information like promotion, price, and distribution, as well as how the company will contact customers in its target market.

<h3>How do a business reach their target market?</h3>

A marketing strategy is a company's "overall game plan" for reaching out to "prospective customers" or consumers and converting them into customers of their products or services.

A marketing plan includes the "value proposition" of the organization, key brand message, statistics on target customer "demographics, and other high-level elements."

Therefore, strategy is the correct answer.

Check out the link below to learn more about market strategy;

brainly.com/question/15776003

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8 0
2 years ago
Of the following activities which is MOST likely to be an interaction between the financial manager and the information systems
ryzh [129]

Answer:

The correct answer is the option A: Developing a system to bill customers, pay suppliers and track inventory.

Explanation:

First of all, an<em> information systems manager</em> has the job of creating, developing and monitoring information systems that could possibly help the organization in its entire structure to improve its performance and therefore that manager focuses in the importance of information as an asset and how could it supports the decision making process for the other executives.

Second of all, a <em>financial manager</em> has the responsability to care about the health of the institution regarding subjects involving money and all of the companies assets. That manager must focuses in the organization of the resources that could help the organization to achieve its goal and how to use them in a proper way.

Finally, in the situation where both of those managers interact together, the main purpose will be to develop an information system, created by the information system manager, that could help the organization to gather information regarding the payment to suppliers, the track of inventory and the bill of customers due to the fact that a system with all that information will help the financial manager to take decisions more properly in order to achieve success.

4 0
4 years ago
Bob's Boats uses job costing. They use direct labor hours as a basis for allocating overhead costs to jobs. Given the following
Anton [14]

Answer:

Bob's predetermined overhead rate = 9.91

Explanation:

Calculation for predetermined overhead rate

Predetermined overhead rate = Estimated (Budgeted) Overhead Expense / Estimated Direct Labor Hours

Predetermined overhead rate = 110917 / 11198

Predetermined overhead rate = 110.917 / 11.198

Predetermined overhead rate = 9.91

8 0
3 years ago
Farmers Pantry Products Inc. and Market Grocers LLC dispute a term in their contract. If Farmers Pantry and Market Grocers have
Citrus2011 [14]

Answer:

3. ​the process is not adversarial.

Explanation:

If Farmers Pantry and Market Grocers have a long-standing business relationship that they would like to continue, they may prefer to settle their dispute through mediation because ​the process is not adversarial.

As long as they would like the relationship to continue, mediation is a good option because mediation is one of the methods of alternative dispute resolution (ADR) which is essentially negotiation managed by a neutral third party who assists in communicating concerns and drafting the final conclusion. It is different from arbitration, because arbitration in certain ways share some similarity with trial.

8 0
3 years ago
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