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Alexus [3.1K]
3 years ago
8

When a note receivable is honored, cash is debited for the note's ________ value?

Business
1 answer:
Karolina [17]3 years ago
7 0

When a note receivable is honored, cash is debited for the note's maturity value. The maturity value is the amount of money a company would receive when the note is due. The note is the amount of money that needs to be paid by the due date set. If the note is not paid by the time it is due, extra interest is added on to it as well.

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A company must decide between scrapping or reworking units that do not pass inspection. The company has 13,000 defective units t
gregori [183]

Answer:

A.Incremental income(loss)

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Rework $41,600

B.The company should REWORK

Explanation:

A. Sales as Scrap Rework

Sales of scrap units ($13,000×3.00)

$39,000

Sales of rework units ($13,000×8.20)

$106,600

Cost to rework units($13,000×5.00) $65,000

Incremental income(loss)

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B.Therefore the company should REWORK

($106,600-$65,000)

=$41,600

8 0
3 years ago
Becker Bikes manufactures tricycles. The company expects to sell 540 units in May and 670 units in June. Beginning and ending fi
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Answer:

Explanation:

Sales budget for may = 540

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Closing inventory = 165

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May material needs = 3(575+ (20%*660)

=3*707=2121 wheels

2121*24=$50,904

June material needs =3(660+(20%*640)

3*788=2364

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7 0
3 years ago
As
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Answer:

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Explanation:

5 0
3 years ago
Work requirements were a key feature of the PRWORA policy for welfare receipt. However, because state-supported workfare jobs ar
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Answer:

d. a way to increase the number of assistance recipients.

Explanation:

PRWORA policies are updated for welfare receipt. The job is state supported and its costly to administer. The work requirement became a way to increase the number of existing assistance recipients.

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Answer:

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Management training program is a structured program in which a high-potential trainee is groomed for a management position through a carefully designed sequence of short-term job transfers and rotations, gaining experience with various parts of the business, often with increasing levels of challenge and responsibility.

Basically, it is a structured program which is typically designed and focused on improving a high-potential trainee's skills such as communication, listening, empathy, oratory abilities, etc, in order to make them to be more productive, valuable, an effective leader, and leverage on new opportunities that would help the organization achieve success in their set goals and objectives, as well as enhance their competitive advantage over rivals in the industry.

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4 years ago
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