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inn [45]
3 years ago
11

Which of the following asset accounts is increased when a receivable is collected? a.Accounts Payable b.Supplies c.Cash d.Accoun

ts Receivable
Business
1 answer:
Nikitich [7]3 years ago
7 0

Answer:

(C) Cash

Explanation:

Receivables means deptors. These are obligations that has been honoured and value given, but you're yet to get cash. Receivables are seen as such. So the things you've given value to and you're yet to receive cash or payment for are receivables.

So when receivables are collected, then the asset account Cash is increased.

On the Delivery of goods or Services, the company debits Accounts Receivable and credits what is known as Sales Revenues or Service Revenues. When an account receivable is collected say 30 days later, the account receivables is reduced and the Cash or bank account is increased.

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Funsters, Inc., the largest toy company in the country, sells its most popular doll for $15. It has just learned that its leadin
sukhopar [10]

Answer:

Funsters should increase the supply of its doll now before the other doll hits the market.

Explanation:

6 0
3 years ago
Assessments of the currency of diversity plan
FinnZ [79.3K]

An equality and diversity policy is basically a written agreement for your organization on how you will avoid discrimination and provide a safe and inclusive environment for your members and service users.

<h3>What is meant by currency of a plan?</h3>

The currency in which the Policy is denominated, as described in the Policy Schedule, is referred to as the Policy Currency.

The assessment of the currency of diversity plan or policy therefore, is the process of ensuring that a diversity policy or plan is up to date.

Learn more about diversity plans:
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4 0
2 years ago
A city's potential for growth or its susceptibility to decline is determined by a set of economic activities that the city provi
lapo4ka [179]

Answer:

B

Explanation:

Economic base are businesses that generate employment in a community or a geographical area.

Economic base analysis is a theory that posits that activities in an area divide into two categories:

1) Basic industries are those exporting from the region and bringing wealth from outside.

2)Nonbasic industries support basic industries.

The basic industries of a region are identified by comparing employment in the region to national norms.

7 0
3 years ago
Read 2 more answers
Consider a stock priced at $30 with a standard deviation of 0.3. The risk-free rate is 0.05. There are put and call options avai
Elza [17]

Answer:

-$11

Explanation:

Covered Call involves Buy stocks and Sell call options

Earning $2.89 by selling call. So, at  stock price of $27, the payoff from options is $2.89 per option

Options Profits = $2.89 * 100

Options Profits = $289

Profit of stock = ($27 - $30) * 100

Profit of stock = -$300

Investor Net Profit = Profit of stock + Options Profits

Investor Net Profit = -$300 + $289

Investor Net Profit = -$11

6 0
3 years ago
If you keep buying despite a price increase, your demand is
rjkz [21]
D. Inelastic. 

Hope this helps!

:3
3 0
3 years ago
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