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garik1379 [7]
3 years ago
7

A note receivable is a negotiable instrument which can be transferred to another party by endorsement. takes the place of checks

in a business firm. can only be collected by a bank. eliminates the need for a bad debts allowance.
Business
1 answer:
AVprozaik [17]3 years ago
5 0
The correct answer would be the first option. A note receivable can be transferred to another party by endorsement. It is described as a current asset of an organization that  claims a written promissory note from other organization. It is usually made up of the principal and the interest amount.
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Evergreen Corporation has two major​ divisions: Agricultural Products and Industrial Products. It provides the following informa
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Answer:

= 12.5%

Explanation:

<em>Profit margin ration is the the percentage of sales that a business earns as profit. In the context of a division, the higher the figure, the better and  the more profitable the operation of the division. The profit margin ratio is computed as follows:</em>

Profit margin ratio =  Net operating profit/ Sales× 100

Industrial profit margin ratio

Net operating margin - 218,000

Net Sales - 1,750,000

Profit margin ratio

= 218,000/1,750,000  × 100

= 12.5%

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Thomas earns ​$ per year. What retirement plan Thomas should consider under the following​ circumstances? a. He works for a larg
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Answer: See explanation

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If sales increase while there is no change in accounts receivable, the receivables turnover ratio will ______.
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When there is an increase in sales and yet there is no change in accounts receivable, the receivables turnover ratio will <u>Increase</u>.

<h3>What is the receivables turnover ratio?</h3>

The receivables turnover ratio refers to the measure that shows the number of times a company will have to collect money from its receivables in a given period.

If there is an increase in sales and yet the account receivables does not change, this means that there are now more account receivables. The receivables turnover ratio will have to increase to show that the company will need to collect more receivables.

Find out more on the receivables turnover ratio at brainly.com/question/27523896

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