1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
statuscvo [17]
3 years ago
15

Sales on credit are immediately counted as cash receipts?

Mathematics
2 answers:
Elodia [21]3 years ago
5 0
Nope. Not only as cash receipts but through the all kind of transections... like by cheque, cash, digital means (Credit cards, debit cards, net-banking).

Hope this helps!
Elena L [17]3 years ago
3 0

The correct answer to this open question is the following.

<em>Sales on credit are not immediately counted as cash receipts.</em>

When a good is sold and people pay for it with cash, that is counted as cash receipts. Other methods don't. If the product is sold on credit, the store is not receiving any cash at all. It is receiving a promise of pay that has to be payable by the credit institution or the bank.

You might be interested in
Help help help thanks
Dmitry [639]

Answer: a=2/5b + 1/5c (I may have answered your question but idk if I did)

Step 1: Add -4a to both sides.

9a−2b+−4a=4a+c+−4a

5a−2b=c

Step 2: Add 2b to both sides.

5a−2b+2b=c+2b

5a=2b+c

Step 3: Divide both sides by 5.

5a/5=2b+c/5

a=2/5b+1/5c

7 0
3 years ago
Write an explicit rule for the geometric sequence (answers down below) :
den301095 [7]

Answer:

Correct answer is third from the top an = 27 · (1/3)∧(n-1)

Step-by-step explanation:

Given geometric sequence :  27, 9, 3, 1,....

First term a1= 27, second term a2= 9, third term a3= 3 etc...

Standard form of the n-th term is

an = a1 · q∧(n-1)

We will find quotient when we divide second term with first and third with second

q = a2/a1 = a3/a2 = 9/27 = 3/9 = 1/3

Formula fot n-th term is

an = 27 · (1/3)∧(n-1)

God with you!!!

5 0
3 years ago
If the simple interest on $6,000 for 3 years is $1,620, then what is the interest rate?
Volgvan

Answer:

Interest rate: 9%

Step-by-step explanation:

Using the simple interest formula: A=P(1+rt)

A=Final amount

P=Principal amount

r=rate

t=time (years)

We just need to put in the information we have from the question and solve for r.

7,620=6000(1+r3)

7,620/6000=1+r3

1.27=1+r3

0.27=r3

r=0.09

r=9%

3 0
2 years ago
Cuánto es 2/4<br><img src="https://tex.z-dn.net/?f=2%20%5Cdiv%204" id="TexFormula1" title="2 \div 4" alt="2 \div 4" align="absmi
katovenus [111]

Answer: 1/2 o .5

Step-by-step explanation:

5 0
2 years ago
Read 2 more answers
What is the quotient of 3/7
wel

Answer:

is 3/7

Step-by-step explanation:

4 0
3 years ago
Read 2 more answers
Other questions:
  • Simplify (a^3b^12c^2)(a^5c^2)(b^5c^4)^0
    10·1 answer
  • To find the area of a trapezoid
    11·1 answer
  • Eliza graphed a function representing the arithmetic sequence {−5,5,15,25,35}. She then connected the points to make a line.
    15·1 answer
  • Which numbers belong to the range of the revolution {(4,-1),(-7,2),(1,2),(2,1)}
    7·1 answer
  • What is equivalent to (26)5
    5·1 answer
  • this line? 10. A line passes through the points (-3, -1) and (-5, 4). What is the slope of this line?​
    9·1 answer
  • 5x -30 = 3x + 60<br> How many solutions are there
    12·1 answer
  • If it is true that z^2-6=19 then z^2+6=
    10·1 answer
  • Pls help meeeee I need to pass
    15·2 answers
  • What is the volume of a sphere with a radius of 6 mm? sphere v = four-thirds pi r cubed v = 216pi mm3 v = 288pi mm3 v = 512pi mm
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!