Answer:
False
Explanation:
As a company's sales level increases, its current assets will increase, e.g. cash, inventories, accounts receivables increase. generally, also the fixed assets increase, specially if the firm was previous producing at full capacity even before total sales increased. But as sales increase, not only do the company's assets increase, its current liabilities generally increase also, and its profits should increase. In this case, 60% of the company's profits are reinvested in the company, and the liabilities represent more than half of the total assets. Therefore, it is possible that the company needs external financing, but it is also possible that it doesn't. You cannot assume that the company will necessarily need external financing, because retained earnings and the increase in current liabilities might be enough to finance the company's growth in sales.
Answer:
True
Explanation:
If you dress inappropriately, that is not showing a good first impression. Most, if not all jobs want to have employees that can dress well, cooperate, and work well with others.
Answer:
See explanation section
Explanation:
To record the journal entry to write off the uncollectible account according to the direct write-off method, we have to use bad dad expanse instead of an allowance account.
December 31 Bad Debt Expense Debit $1,200
Account receivable - Acme, Inc. Credit $1,200
Note: As the company did not get the money from the Acme, Inc., They treated the expense as irrecoverable.
The <u>sympathetic</u> innervation of the kidney reduces urine production, while the function of its <u>parasympathetic</u> innervation is unknown.
The kidneys are innervated through the sympathetic neurons of the autonomic nervous system thru the celiac plexus and splanchnic nerves. reduction of sympathetic stimulation outcomes in vasodilation and extended blood flow thru the kidneys in the course of resting situations.
Activation of sympathetic nerves to the kidney increases tubular sodium reabsorption, renin launch, and renal vascular resistance. These moves make contributions to long-time period arterial stress elevations by way of shifting the pressure-natriuresis curve to the proper
There is a two-way relationship between the sympathetic nervous system and the kidney. On the one hand, the sympathetic nerve device influences renal function, i.e. renal hemodynamics, renin secretion, and tubular sodium transport.
Learn more about splanchnic nerves here brainly.com/question/13755935
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Answer:
Explanation:
Before showing how short term debt should be presented before doing this we have to classify the items in each head
Like - In current liabilities, notes payable is recorded at $11,500
And, in the long term liabilities, the proceed after brokerage fees for $1,147,500 should be recorded.
The total amount would remain the same i.e $1,159,000
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