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erastovalidia [21]
3 years ago
5

What is a type of short-term financing that consists of unsecured promissory notes that mature in 270 days or less? Multiple Cho

ice Trade credit Line of credit Commercial paper Secured loan
Business
1 answer:
Ksenya-84 [330]3 years ago
4 0

Answer:

Commercial paper

Explanation:

Commercial paper is a term in business or economics that describes money-market security issued by corporation, which is considered unsecured, so as to obtain funds to meet short-term debt or obligation, such as financing of payroll, and inventories.

It is supported only by issuing bank or company promise to pay the face amount on the maturity date often 270 days or less, as specified on the note.

Hence, COMMERCIAL PAPER is a type of short-term financing that consists of unsecured promissory notes that mature in 270 days or less.

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Warp Manufacturing Corporation uses a standard cost system to collect costs related to the production of its ski lift chairs. Wa
Flura [38]

Answer:

A. $37,400 unfavorable

Explanation:

With regards to the above, variable overhead spending variance is computed as

= (Actual hours × Actual rate) - (Actual hours × standard rate)

= $649,400 - ( 34,000 × $18)

= $649,400 - $612,000

= $37,400 unfavorable

Therefore, Warp's variable overhead spending variance for the month of September is $37,400 unfavorable

7 0
3 years ago
Windsor, Inc. just took its physical inventory. The count of inventory items on hand at the company’s business locations resulte
svp [43]

Answer:

Actual Inventory $ 343640

Explanation:

FOB Shipping point means as soon as the goods are sold they are the buyer's property and must be excluded from the inventory.

FOB destination means that the goods are the seller's property and responsibility unless the goods reach the destination. They are included in the seller inventory unless the buyer gets them.

Inventory sent on consignment is also counted in the cosigner's inventory.

The inventory costing $20,800 that was sold on December 28, terms FOB shipping point will not be included in the seller's inventory. They are now the buyer's responsibility.

Windsor, Inc

Inventory Stock Count on 31 Dec   $301,000

Add inventory sent on consignment $29,120

Add Inventory purchased FOB shipping  $13,520

Actual Inventory $ 343640

8 0
3 years ago
Entrepreneur respond to the incentives of profit <br><br> A. True <br><br> B. False
Advocard [28]
It is true because I said it is and because it is true and I am not wrong because everything I say is true
8 0
3 years ago
Cookies are categorized as session or persistent based on _____.
Vlad [161]

The cookies are categorized as session or persistent based on whether there is expiration date mentioned or not.

<h3>What are cookies on internet?</h3>

Cookies are basically text files that contain small pieces of data - like username or password - that are used to identify your computer while using a computer network.

Session Cookies: It does not contain an expiration date. These are stored in memory and never written to disk. When the browser is closed, the cookie is permanently lost afterwards.

Persistent Cookies: It contains an expiration date. On the date specified in the expiration, the cookie will be removed from the disk.

Read more about Internet Cookies here: brainly.com/question/28548547

#SPJ4

7 0
1 year ago
For its first year of operations, Tringali Corporation's reconciliation of pretax accounting income to taxable income is as foll
Effectus [21]

Answer:

Tringali corporation should report $ 88,288 as the deferred tax liability as of the end of the first year of its operations.

Explanation:

This type of income tax is a liability which a corporation records on its balance sheet because of the difference in revenue recognition between the corporation's accounting practices and the tax laws.

Here for calculating the deferred income tax we will simply calculate the tax rate given on the taxable income of the income and also on the temporary difference in the depreciation.

DEFERRED INCOME TAX LIABILITY =

TAXABLE INCOME X TAX RATE  +  TEMPORARY DIFFERENCE X TAX RATE

= $256,200 X 32% + $ 19,200 X 32%

= $81,984 + $6,304

= $ 88,288

6 0
3 years ago
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