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Illusion [34]
3 years ago
7

The maturity date of a note receivable: Multiple Choice

Business
1 answer:
zhannawk [14.2K]3 years ago
8 0

Answer:

a) Is the day the note is due to be repaid.

Explanation:

A note receivable is a written commitment to receive an amount of money on a certain date and the maturity date refers to the day in which the complete amount needs to be fully paid. This date lets the lender know when he/she will receive all of the money back.

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Adjusting entries are Select one: a. usually required before financial statements are prepared b. not necessary if the accountin
Flauer [41]

Answer:

Correct option is (a)

Explanation:

Adjusting journal entries are passed before financial statements are prepared to so as to confirm if revenue recognition and matching principles are complied with. Adjusting entries are required to be passed if transactions is spread over multiple financial periods. For example, adjusting entry is passed if goods are received this year but payment will be made next year.

Before income statement and balance sheet is prepared, these entries are passed. Thereafter, adjusting trial balance is prepared and finally financial statements are prepared.

4 0
3 years ago
Jayhawk Foods Inc. is a snack manufacturer that wants to expand globally. Few people abroad are familiar with Jayhawk Foods snac
cestrela7 [59]

Answer:

the answer is option B) the leaders of Jayhawk Foods should pursue a multidomestic strategy that includes new "local" brands.

Explanation:

Understanding how best to meet your customers needs is a sure way to maximize profits and generate more sales.

Having identified the need for a high degree of local responsiveness when it comes to food, Jayhawk Foods Inc., a snack manufacturer that wants to expand globally should pursue a multi domestic strategy for their branches globally.

Multi Domestic strategy is an international marketing strategy that is responsive to the local market by driving advertising and sales efforts towards the needs that the local consumers are most responsive to.

3 0
3 years ago
When a temporary negative supply shock hits the economy​ ________.
Naddika [18.5K]

Answer:

C. the divine coincidence does not always hold

Explanation:

When a temporary negative supply shock hits the economy the divine coincidence does not always hold.

7 0
3 years ago
Lee starts entering data into the table. He types in the mass of Mercury. Next, he wants to type in the diameter of Mercury.
katrin [286]

Answer:

Her weight is lower on Venus because the acceleration due to gravity is lower.

Explanation:

6 0
3 years ago
Read 2 more answers
Which of the following is the best way to measure who read the company's public relations message and what they thought about it
algol [13]

Answer:

a. Ask consumers for relevant feedback after the campaign

Explanation:

  • The company's public messages in order to establish a relationship with the clients or its costumes have to be essentially exposed through the mediums like campaigns and the media to get relevant feedback form them and helps in the analysis if its future scope.
  • These messages target the key audiences and use all mediums of communication like PR events.
6 0
3 years ago
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