Answer: True
Explanation:
Current assets are the assets that a company had and which are expected to be either used or sold over the next year. Examples of current assets are cash, cash equivalents, stock inventory, accounts receivable, marketable securities, and other liquid assets.
It should be noted that when the sales of a from continue to grow, the current assets of such company also increases. An example is when there is an increase in the sales increase, this.will also have an impact on the firm's inventories as there will be an increase.
Answer:
Dr Cash $13,000,000
Cr Other financing source- refunding of existing debt $13,000,000
Dr Other financing uses - refunding of existing debts $13,000,000
Cr Cash $13,000,000
Explanation:
Preparation of the Journal entries to record the transaction on the books of the debt service fund.
Based on the information given we were told that the Town of McHenry has the amount of $13,000,000 in general obligation bonds outstanding in which On July 1, 2017, a current refunding of the amount of $13,000,000 took place which means that the Journal entries to Record the transaction on the books of the service debt fund will be :
Dr Cash $13,000,000
Cr Other financing source- refunding of existing debt $13,000,000
Dr Other financing uses - refunding of existing debts $13,000,000
Cr Cash $13,000,000
Answer:
Correct Answer:
4. The Government Printing Office
Explanation:
The United States Government Publishing Office is an agency of the legislative branch of the United States federal government with the mandate to inform the Nation by producing, procuring, and disseminating printed and electronic publications of the Congress as well as the executive departments and establishments of the Federal Government.
Answer:
buildup the amount of their reserves
Explanation:
Based on the information provided within this question it can be said that in order to address this problem, insurance companies typically buildup the amount of their reserves. By doing this the company's have a sort of "escape plan" allowing them to pay these excess costs that they would otherwise not be able to pay since it exceeds the amount that they are making.
Marketing intermediaries add value and create efficiencies by:
a. providing convenience.
c. reducing the number of exchanges between producers & buyers
d. performing necessary activities such as storage and transportation
<h3>What are
marketing intermediaries?</h3>
Marketing intermediaries can be defined as organizations that are saddled with the responsibility of transporting goods and services from producers (manufacturers) to businesses, and from businesses to consumers (B2C).
This ultimately implies that, marketing intermediaries are able to add value and create efficiencies by providing convenience and performing activities such as transportation and storage.
Read more on marketing intermediaries here: brainly.com/question/17367610
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Complete Question:
Marketing intermediaries add value and create efficiencies by:
a. providing convenience
b. eliminating activities such as transportation & storage
c. reducing the number of exchanges between producers & buyers
d. Performing necessary activities such as storage and transportation
