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
andre [41]
3 years ago
5

On January 1, 2020, Sandhill Co., a calendar-year company, issued $2320000 of notes payable, of which $580000 is due on January

1 for each of the next four years. The proper balance sheet presentation on December 31, 2020, is:
Business
1 answer:
Bingel [31]3 years ago
7 0

Answer:

Current liabilities $2320000; Long-term Debt, $1740000

Explanation:

Calculation to determine what The proper balance sheet presentation on December 31, 2020, is:

Current Liabilities will be $2320000 of notes payable

Hence,

Current liabilities $2320000

Long -term Debt =$2320000-$580000

Long -term Debt=$1740000

Therefore The proper balance sheet presentation on December 31, 2020, is:

Current liabilities $2320000; Long-term Debt, $1740000

You might be interested in
Fahad works for a company that markets all of Celextron's products. Fahad's company acts as the marketing department for Celextr
Whitepunk [10]

Answer:

D) selling agent.

Explanation:

Sine Fahad's company never obtains title for the goods that they sell, they are acting like a selling agent. They are very similar to a commission merchant except that Fahad's company is also responsible for the marketing functions of Celextron.

There are several types of sales agents and distributors, it all depends on certain details about how they work:

  • a manufacturer's agent work directly for the manufacturing firm, in this case it would have been Celextron.
  • a sales branch is a company owned by Celextron.
  • a full service wholesaler obtains title of the goods.

5 0
3 years ago
Manufacturers sometimes offer a quantity discount to buyers on what kind of order?
Sergeu [11.5K]
Manufacturers offer discounts usually to large quantity or bulk buyers. this encourages buyers to buy more because the businesses give them an opportunity to save more money. usually, it is the retailers who would buy from manufacturers in bulk orders
6 0
3 years ago
Read 2 more answers
You are planning a trip to the United Kingdom and expect that you will spend 2,200 pounds. How much will your spending be in U.S
ValentinkaMS [17]

Answer: $3,026.55

Explanation:

If US$1 is to £0.7269 then that means that the pound is stronger than the dollar because a dollar buys less than a pound in which case £2,200 will be more than $2,200.

It will be;

= 2,200/0.7269

= $3,026.55

<em>Options seem to be for a variant of this question. </em>

6 0
2 years ago
You are consulting for a natural food products distributor who is interested in determining the benefits it could achieve from i
antiseptic1488 [7]

The first advised will be to carry our a survey that will show peoples opinion.

<h3>What is the importance of consulting?</h3>

Consultancy involves asking important question and guidelines form an expert.

It is done in achieving success in a particular project or Job.

The first step will be to run a survey on the adoption of the new technology.

Therefore, The first advised will be to carry our a survey that will show peoples opinion.

Learn more on survey below

brainly.com/question/196770

#SPJ1

5 0
1 year ago
Construction workers manufacturing workers and farmers have what in common?
Marina86 [1]

Answer: There career pathways

Explanation:

7 0
3 years ago
Other questions:
  • You own some equipment that you purchased four years ago at a cost of $287,000. The equipment is five-year property for MACRS. T
    14·1 answer
  • Suppose that Verizon Wireless has hired you as a consultant to determine what price it should set for calling services. Suppose
    12·1 answer
  • Under what circumstances would a firm be more likely to buy the required number of bonds
    12·1 answer
  • The promotional mix includes advertising, personal selling, sales promotion, __________, and direct marketing. A. public relatio
    15·1 answer
  • Suppose Brian is in the market for a used textbook and the campus bookstore is having a sale. If the initial price of the used b
    5·1 answer
  • 1) When quantity demanded in a market is more than the quantity supplied, _____ occurs.
    9·1 answer
  • Which of the following describes a situation where monopolistic<br> competition exists?
    5·2 answers
  • Innovative Tech Inc. (ITI) has been using the percentage of credit sales method to estimate bad debts. During November, ITI sold
    6·1 answer
  • g If the price level rises and the money wage rate stays the same, what effect will this have upon labor demanded and production
    5·1 answer
  • A Virginia county is considering whether to pay $50,000 per year to lease a prisoner transfer facility in a prime location near
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!