Answer: C. a bank loan due in 18 months.
Explanation:
Current liabilities include all the debt obligations that a company has in the current period.
This means that only debt obligations that mature within a year are to be considered current liabilities.
Bank loans that are due in 18 months are over a year and so have to be considered long-term liabilities not current liabilities.
Answer
Explanation:
investment bankers specialize in the provision of new securities and they
provide helps to those that want their security liquified.
However, investment bankers are known with their role of provision of money at capital market to their customers such as companies or government set up through issuing of money or equity for security market.
Answer:
Explanation:
The journal entry to record the bad debt expense is shown below:
Bad debt expense A/c Dr $11,181
To Allowance for doubtful debts $11,181
(Being bad debt expense is recorded)
The computation of the bad debt expense is shown below:
= (Accounts receivable × estimated percentage given
) - (credit balance of Allowance for Doubtful Accounts)
= ($206,300 × 7%) - ($3,260)
= $14,441 - $3,260
= $11,181
Answer:
False
Explanation:
Creating a signature scent, choosing an original name and configuring thr shape of and look of the bottle are decisions made during the product conceptualization stage.
Before a product is finally available to consumers, the product goes through certain steps. These steps ranges from product development, product conceptualization, to launching, etc.
During the conceptualization stage, the name of a product, the form of the product as well as other appearance related works are the main objectives during the project conceptualization cycle.
I hope this helps.
