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Tomtit [17]
3 years ago
10

Covenants represent: A. The property that a company pledges to guarantee repayment B. Terms and conditions set forth in a lendin

g agreement to reduce the probability of nonpayment C. The maximum that a creditor will allow a customer to owe at any point in time D. Promises the company makes to the creditor
Business
1 answer:
Len [333]3 years ago
3 0

Answer:

D. Promises the company makes to the creditor

Explanation:

  • A covenants is a promise at the time of indenture or any other sort of the formal debt agreement that the certain activity will or will not be carried out  and a certain threshold will be met.
  • Thus is a form of conditioning in commerce which stops the buyers for  taking any certain decision and they can financial, the information, ownership, and affirmative and the negative or positive covenant.
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Exercise 9-15A (Static) Using the current ratio to make comparisons LO 9-7 The following information was drawn from the balance
kiruha [24]

Answer:

a. 1.5  and 1.8

b. Montana

Explanation:

Below is the calculation for the current ratio:

a. Formula used, Current ratio = Current assets / Current liabilities

Current ratio of Kansas = 59000 / 40000 = 1.5

Current ratio of Montana = 78000 / 43000 = 1.8

b. The company that has a higher current ratio will have a greater likelihood to pay bills so Montana is the correct answer.

6 0
3 years ago
Which of the following is an accounting procedure that (1) estimates and reports bad debts expense from credit sales during the
Murljashka [212]

Allowance method of accounting for bad debts .

Option - B

<u>Explanation: </u>

The financial accounting term payments method refers to a system that is unplayable and records a bad debt expenditure estimate in the same period of accounting as the purchase. The deduction is used to adjust the cash flow accounts receivable.

The payment method is a better solution to the direct payment method because it is in line with the matching accounting theory.

Bad debts expenses are recognized soon since bad debts are likely and can be estimated to a fairly precise degree so that they meet the criteria necessary to recognize predicated losses and recognize the costs of bad debts.

7 0
3 years ago
According to Walter Shewhart:_______
Novosadov [1.4K]

Answer:

c) the mean, upper control limit, lower control limit and warning lines that are two sigma from the mean are indicated by horizontal lines in the control chart.

Explanation:

Walter Shewhart is regarded as an important personality in the history of quality management. He asserted that the behavior of real processes had the tendency to change as time changed and it was not the behaviur of theoretical random distributions.

Walter Shewhart posited that causes of variation could be divided into two which are chance cause and assignable cause. He maintained that chance causes could be ignored if they did not cause too much variation, and any attempt to eliminate them usually made the problem worse. He however posited that it was possible to fix assignable causes.

Walter Shewhart invented control chart in order to differentiate between variations caused by random events and trends that indicated assignable causes. There is time and a plot of sample measurements on the bottom axis of a control chart. The mean, upper control limit, lower control limit, and warning lines that are two sigma from the mean are indicated by horizontal lines.

Based on the above explanatio, the correct option is c) the mean, upper control limit, lower control limit and warning lines that are two sigma from the mean are indicated by horizontal lines in the control chart.

8 0
3 years ago
What are the four scope levels available for dimensions and metrics in google analytics?
lbvjy [14]
The correct answer is: Hit-level, session-level, product-level, or user-level scope

Explanation: http://www.certificationanswers.com/en/what-are-the-four-scope-levels-available-for-dimensions-and-m...
5 0
4 years ago
The ______ pricing tactic lures customers into the store through aggressive advertising coupled with a very low price on somethi
kap26 [50]

Answer:

leader pricing strategy

Explanation:

Based on the information provided within the question it can be said that the pricing tactic that is being mentioned is a leader pricing strategy. This strategy focuses on placing lower price points on the products in order to attract customers to a new brand or to gain interest in general to the business as a whole. Therefore luring customers into the store and hopefully increasing sales.

7 0
3 years ago
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