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3 years ago

What are accounts payable and accounts receivable?

Business

2 answers:

Amiraneli [1.4K]3 years ago

7 0

payable = money owed by a company to its creditors

receivable = money owed to a company by its debtors.

ira [324]3 years ago

4 0

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

Accounts receivable are legally enforceable claims for payment held by a business for goods supplied or services rendered that customers have ordered but not paid for. These are generally in the form of invoices raised by a business and delivered to the customer for payment within an agreed time frame.

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The congress approves the amounts of money in bills that each unit or agency of government can spend. what is this called?

vichka [17]

<span> i believe the answer is expenditures</span>

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3 years ago

Which of the following statements about diversification is TRUE?

KIM [24]

The following statement about diversification is TRUE

A.Diversification is an investment strategy where you invest all your money in one industry.

Explanation:

A diversified investment is a portfolio of various assets that earns the highest return for the least risk.
A typical diversified portfolio has a mixture of stocks, fixed income, and commodities.
It lowers overall risk because, no matter what the economy does, some asset classes will benefit
Diversification is a technique that reduces risk by allocating investments among various financial instruments, industries, and other categories.
It aims to maximize returns by investing in different areas that would each react differently to the same event
The three types of diversification strategies include the concentric, horizontal and conglomerate.
Diversification is a method of risk management that involves the change and implementation of different investments stated in a specific portfolio.

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4 years ago

As a manager, you want to praise a team member, Phil, for doing a good job on a particular project. However, you know that Phil

just olya [345]

Answer:A. Call Phil in for a private meeting to appreciate his work.

Explanation: An introvert is a person known to be quiet,calm and always want to keep to his or her Self, an introvert likes to spend sometime alone in order to renew his or her strength.

An introvert does not like to seek the attention of others, he or she does not like special recognition or praises.

THE BEST WAY TO APPRECIATE the WORK OF PHIL IS TO CALL PHIL IN FOR A PRIVATE MEETING TO APPRECIATE HIS WORKS.

4 0

3 years ago

Explain the relationship between<br> production and consumption.

nataly862011 [7]

Answer:

if there is no production there is no consumption, and that goes both ways.

3 0

3 years ago

Read 2 more answers

There are 100 used laptop g for sale on the market. 40% of them are in good condition, and the rest of them are broken, which is

NNADVOKAT [17]

Answer:

In equilibrium the maximum price set for a broken laptop to be sold is $600

Explanation:

According to the given data we have the following:

It is given that 40% laptops are in good condition. This implies that 60% are in bad condition.

In ordert to calculate the maximum price set for a broken laptop to be sold we would have to calculate the expected price that the buyers will be willing to pay for a laptop as follows:

Expected price=0.60($2000)+0.40($600)

Expected price=$1,200+$240

Expected price=$1,440

As the owners of good laptops are willing to sell their laptops for $1,800, whis is more that $1,440, they will not sell their products.

This implies that only bad laptops are sold in the market. The willingless to pay for the bad laptops is $600

Therefore, In equilibrium the maximum price set for a broken laptop to be sold is $600

7 0

3 years ago