When a person or company owes money to creditors. It is the only way creditors feel they will collect what they are owed.
<span>10,718.63 ± .1%
To find the price of this bond, we need to find the present value of the bond's cash flows. So, the price of the bond is:
P = $145(PVIFA1.25%,48) + $10,000(PVIF1.25%,48)
P = $10,718.63</span>
The key revenue accounts that are usually included in the cycle
can help know more about business’ income moves through the company's
accounting system. These are:
-Cash
-Sales
-Accounts Receivable
-A/R Subsidiary Ledger
-Financial Receivable
-Allowances for Doubtful Accounts
-Bad Debt Expense
-Sales Discounts
-Sales Returns and Allowances
-Leases
-Warranty Expense
-Warranty Liability
-Sales Commission Expense
Accounts that Involve Critical Accounting Estimates:
-Warranty and Additional Service Actions
-Automotive Sector
-Financial Service Sector
-Operating Leases-
Allowance for Credit Losses
-Allowance for Doubtful Accounts
-Bad Debt Expense
-Lease
<span> </span>
Answer:
TRUE
Explanation:
A consumer's marginal rate of substitution (MRS) can be defined as the number or amount of goods that he/she is willing to trade for another in other to gain maximum satisfaction of the goods.
Answer:
$9,320
Explanation:
Calculation to determine what Trell will show as the amount receivable from factor of:
Using this formula
Amount receivable =Interest in the receivables-( Local bank transferred accounts receivable*Fees percentage)
Let plug in the formula
Amount receivable=$11,000 - ($56,000 × 3%)
Amount receivable=$11,000-$1,680
Amount receivable= $9,320
Therefore Trell will show an amount receivable from factor of:$9,320