1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
horrorfan [7]
2 years ago
5

True or false: Merchandise inventory is generally converted to cash more quickly than accounts receivable.

Business
1 answer:
Makovka662 [10]2 years ago
3 0

Answer:

False

Explanation:

Merchandise inventory is the stock that company have to kept in its godown while the account receivable is that when company sold the goods on credit basis to the customer

So here the company could received the payment within 12 months it can be in within month also

So the given statement is false

You might be interested in
There will be a higher equilibrium price and lower quantity if _____.
Naddik [55]

Answer:

Supply increase and demand decreases

8 0
3 years ago
Andrea, an enterprising individual, wants to open a store in her town. She wants her store to be of the same type as a popular c
uysha [10]

Answer:

D. Franchisee

Explanation:

A franchisee can be defined as an individual who is a small business owner who operates a franchise. A franchisee is given license by the franchisor to run a business under the franchisor's trade mark, trade name and method of operations. A franchise is a business in which the owners sell the rights to their business trade mark, trade name, logo and method of operations to a third party outlet or individuals owned separately by who we refer to as the franchisee. In this case, Andrea wants to become a franchisee by opening the same type of popular coffee chain in her town that is found in a nearby town.

6 0
3 years ago
Borasco Corp. owns land with a fair market value of $200,000. Borasco purchased the land 10 years ago for $65,000 and owes a lia
sleet_krkn [62]

Answer:

$65,000

Explanation:

Borasco was the person who purchased the land for $65,000 in which the land was later transferred to Alvo. Therefore no gain or loss is been recognized in this liquidation because it subsidiary is been liquidated by the parent which is why the basis of land is said to be carryover basis of $65,000 at the end of the transaction.

5 0
3 years ago
Government corporations can be described as which of the following
tester [92]
C. Independently run.
6 0
3 years ago
Read 2 more answers
Which of these is an example of an entrepreneur?
Lubov Fominskaja [6]
Option A. Jessie has the idea for a new phone app so he spend his money to set up a business
8 0
2 years ago
Other questions:
  • An old bond's market value is above its par value, the bond is selling at a ________. this occurs because the old bond's coupon
    7·1 answer
  • What document is used to make adjustments to an existing sales contract?
    10·1 answer
  • Huron Company produces a commercial cleaning compound known as Zoom. The direct materials and direct labor standards for one uni
    5·1 answer
  • Cathrine Corporation acquired a machine for $26,000, and has recorded depreciation for 3 yearsusing the straight-line method ove
    5·1 answer
  • A(n) ________ specifically names the steps that the experimenter must use to control or measure the variables in the experiment.
    5·2 answers
  • Nicolette raised her quantity demanded of hockey pucks from 100 to 150 when the price fell from $5 to $3 per puck. using the mid
    11·1 answer
  • As the number of urban areas grew in the state in the late nineteenth and early twentieth centuries, the management of local aff
    5·1 answer
  • If the variable overhead efficiency variance is $500 unfavorable and the variable overhead spending variance is $100 favorable,
    9·1 answer
  • Yorketowne's city council opened a business park on the edge of the city. After five years, they had attracted two new manufactu
    13·1 answer
  • What happens to the equilibrium price and quantity when demand increases and at the same time supply decreases, but the demand s
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!