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erastovalidia [21]
3 years ago
7

A note receivable Mild Max Cycles discounted with recourse was dishonored on its maturity date. Mild Max would debit: A receivab

le. Dishonored note expense. A loss on dishonored receivable. Interest expense.
Business
1 answer:
Leviafan [203]3 years ago
7 0

Answer:

A receivable.

Explanation:

Mild Max Cycles had a notes receivables, which it already discounted with some financial institution, which later on the maturity date stand to be dishonored.

It is clear that the company earlier already collected the money against it, but now as the note receivable was discounted with recourse that is it provided assurance to the financial institution, in case of any failure, thus, the company will pay back to the financial institution and that the company still have the right to receive it back from the note receivable.

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This is a sum of numbers that accumulates with each iteration of a loop. A. Running total B. Final total C. Grand finale D. Gall
kicyunya [14]

Answer:

The correct answer is A. Running total.

Explanation:

The accumulated total can be expressed as a numerical value or a percentage. In Reporter reports, you can calculate a cumulative total for more than one category.

For example, you can create a report that shows the income for each of the last four quarters. The accumulated total will show the total income at the end of each quarter. If you add a cumulative total as a percentage of the total sold, you can see the percentage of year-round sales achieved at the end of the quarter.

7 0
3 years ago
Discuss what sources of factual information would be most beneficial for the following areas of practice:
schepotkina [342]

Answer:

The answer is stated below:

Explanation:

Sources of the factual information in the following areas of the practice are as:

a.

A practice of family law need or require a records of the marriage or a divorce, visitations created by court, child custody agreement and records of the adoption. The clients of the practice could be asked for the information.

b.

This practice of law dealt with the study of how the directors, stakeholders, shareholders, employees and the consumers interact with each other and with the environment. Under this practice, it looks for the records of the bank transaction.

c.

This law practice would benefit or provide advantage from the records of the medical, any statement of witness, records of disability and the records for the equipment maintenance if required.

d.

Under this practice, the statements of banks, real estate listing, IRS records and credit agencies would be advantageous sources of the information.

e.

Under this practice, it involve the powers of attorney, deeds documents, mortgages, grants, transfers and wills which are pertaining to bankruptcy.

7 0
3 years ago
Anyone has documents about the increasing importance of global production networks in the textile and clothing industry?
svetoff [14.1K]

Answer:

The Global Textile and

Garments Industry:

The Role of Information

and Communication

Technologies (ICTs)

in Exploiting the

Value Chain

Information and Communication

Technology (ICT) has an important role

to play as developing countries adjust

to the new era. These opportunities will

derive from the ability of ICTs to open

up parts of the supply chain (other than

basic manufacturing and processing)

to developing countries. This report

presents case studies of companies that

have successfully used ICTs to move,

for example, into higher-value activities

such as design and logistics, or to

access niche markets

4 0
3 years ago
I got a 50 the first time taking this, don’t know what I got wrong.
loris [4]

Answer:

Price elasticities of demand and supply

Explanation:

Tax is a compulsory amount levied on goods and services by the government  or an agency of the government.

taxes increases the prices of goods and services

Deadweight loss of tax refers to a reduction in quantity demanded and supplied as a result of tax.

Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.

Price elasticity of supply measures the responsiveness of quantity supplied to changes in price of the good.

If demand or supply is elastic, the deadweight loss of tax is higher. If demand or supply is inelastic, the deadweight loss of tax would be lower.

8 0
3 years ago
On December​ 31, Mercury Corporation has the following data​ available:
galben [10]

Answer:

37.25%

Explanation:

Average total common stockholders' equity:

= (Beginning common​ stockholders' equity + Ending common​ stockholders' equity) ÷ 2

= ($530,000 + $490,000) ÷ 2

= $510,000

Return on Equity = Net income ÷ Average total common stockholders' equity

                            = $190,000 ÷ $510,000

                            = 0.3725

                            = 37.25%

3 0
3 years ago
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