The short-term liability in the scenario is BEST described as <em>E. a trade credit.</em>
Trade credit involves the extension of the payment date for a business transaction. The 10% discount offered by the supplier to Yolanda's curtain business within the discount period of 15 days is a financial inducement to enable Yolanda to <em>pay on time.</em>
Thus, within the credit period, the short-term liability that Yolanda's business bears is known as a trade credit,<em> not an account receivable, a line of credit, a factor, or a loan.</em>
Answer Options:
A. an account receivable
B. a line of credit
C. a factor
D. a loan
E. a trade credit
Learn more about trade credit here: brainly.com/question/25697850
Answer:
$0.70
Explanation:
Given that,
Direct materials costs = $660,000
Direct labor costs = $3,100,000
Factory overhead costs applied = $2,170,000
company's predetermined overhead rate for year 2017:
= Factory overhead costs applied ÷ Direct labor costs
= $2,170,000 ÷ $3,100,000
= $0.70
Therefore, the company's predetermined overhead rate is 0.70
Answer:
B
Explanation:
The dividend growth model is a method of determining the value of a company using its dividend.
Forms of the dividend growth model include
- The Gordon dividend growth model
- The 2-stage dividend growth model
- The 3-stage dividend growth model
- The H-model
The advantages of the dividend growth model
disadvantages of the dividend growth model
- It is not appropriate when the investor wants to take a control perspective
- It cannot be used for a firm that doesn't pay dividends