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Margarita [4]
3 years ago
14

A note receivable due in 18 months is listed on the balance sheet under the caption A. long-term liabilitiesB. fixed assetsC. cu

rrent assetsD. investments
Business
1 answer:
MAVERICK [17]3 years ago
3 0

Answer:

Investments

Explanation:

If the note receivable is expected to be received in 12 then it is listed as a Current Asset else as Investments.

For further detail in how you can recognize Financial instrument ,please refer to the accounting rules for this type of accounts  in https://www.iasplus.com/en/standards/ias/ias39

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Sellers allow customers to use credit cards for all of the following reasons: (You may select more than one answer. Single click
Tasya [4]

Answer:

c. seller receives cash sooner than if credit is granted directly to the customers

d. may allow seller to increase sales volume

Explanation:

When a customer uses a credit card, the bank that issued the card pays the seller immediately, and later, the bank recovers the money plus interest from the customer.

So this method allows for a faster collection of cash (basically immediatly) than if the seller granted the credit directly to the customer.

Credit cards also allow seller to increase sales volume because many people lack the cash necessary to pay down the full value of the purchase.

7 0
3 years ago
Alex withdrew $500,000 from an account that paid 5 percent annual interest and used the funds to purchase real estate. After one
oksano4ka [1.4K]

Answer:

a) 25,000

Explanation:

The computation of the economic profit is shown below;

Economic profit is

= Revenue - Explicit cost - Implicit cost

= $550,000 - $500,000 - $500,000 × 5%

= $550,000 - $500,000 - $25000

= $25,000

Hence, the economic profit on this deal was $25,000

Therefore the correct option is a.

We simply applied the above formula so that the correct value could come

And, the same is to be considered  

7 0
3 years ago
The accompanying graphs depict the market for bags of potato chips, which is currently at an equilibrium price of $1.67 per bag
Sergeeva-Olga [200]

Answer:

Equilibrium is the point of the interaction between the demand and supply curves.

The given graph given from the question is attached below (Image 1-2)

The solution is attached in image 3-4

6 0
3 years ago
Innovators are a critical group of new product adopters because they:
LenKa [72]
What are asking I am confused
7 0
2 years ago
What is a buyer persona? an individual who pretends to be a customer to help a company test its offerings a detailed description
barxatty [35]
A. A<span>n individual who pretends to be a customer to help a company test its offerings a detailed description of a typical, but fictional customer</span>
3 0
3 years ago
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