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3 years ago

Notes or accounts receivables that result from sales transactions are often called

Business

1 answer:

Allisa [31]3 years ago

6 0

Answer:

The answer is given below;

Explanation:

These are called trade receivables.

When the sales are made on credit,the outcome is accounts receivable which are realized at some point of time as agreed between the seller and buyer.

In case of note receivable,these are amounts owed to the company by the clients who have signed promissory notes as evidence to pay in future.

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Monopoly output is _____ the corresponding output for perfectly competitive industries. Please choose the correct answer from th

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Monopoly output is _the same as (B) ______ the corresponding output for perfectly competitive industries

<h3>Similarity between a monopolistic market and perfectly competitive market </h3>

A monopolistic market is similar to a perfectly competitive market because both markets determine the prices and supply of goods and services in the market. although a perfectly competitive market consists of several firms no particular firm controls the market which makes the group of firms as act as a monopoly.

Hence the output of a monopoly is similar to the output of a perfectly competitive industries.

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2 years ago

How does the automated system improve the efficiency and timeliness of financial <br> statements?

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3 years ago

A corporation has the following account balances: Common Stock, $1 par value, $80,000; Paid-in Capital in Excess of Par Value, $

Nitella [24]

Answer:

b. number of shares issued is 80,000

Explanation:

In the question, the common stock par value and the total amount is given. Moreover, paid-in capital is also given.

So, if we compute it, then it gives the number of shares issued because it contains a formula which is shown below:

Number of shares issued = (Common stock ÷ Par value)

= ($80,000 ÷ $1)

= 80,000 shares

So, paid-in capital is not relevant in the computation part, and therefore, the other options are wrong except b. option.

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3 years ago

A ________ is a gathering of 6 to 10 people who are carefully selected based on certain demographic, psychographic, or other con

kipiarov [429]

Answer: it is a focus group

Explanation: because it is more than one person and more than two

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3 years ago

Assuming that Brandt entered into a forward contract to sell 10 million South Korean won on December 1, 2020, as a fair value he

romanna [79]

The net impact on its net income in 2020 resulting from a fluctuation in the value of the won is : $250 decrease in net income.

First step is to calculate the Discount on forward contract

Discount on forward contract=[($0.0035 − $0.0034) × 10 million

Discount on forward contract=$0.0001 × 10 million

Discount on forward contract= $1,000

Second step is to amortized the Discount on forward contract

Amortization of discount on forward contract=$1,000 / 4 months

Amortization of discount on forward contract=$250 per month

Based on the above calculation foreign exchange loss of the amount of $250 will be recognized on December 31, 2020.

Therefore the net impact on its net income in 2020 resulting from a fluctuation in the value of the won is a decrease of $250.

Learn more here:<em> brainly.com/question/19353936</em>

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2 years ago