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
zzz [600]
3 years ago
15

Notes Receivable differ from Accounts Receivable in that Notes Receivable: Multiple Choice generally charge interest from the da

y they are signed to the day they are collected. do not have to be created for every new transaction, so they are used more frequently. are generally considered a weaker legal claim. are noncurrent assets.
Business
1 answer:
uranmaximum [27]3 years ago
6 0

Answer: generally charge interest from the day they are signed to the day they are collected.

Explanation:

Accounts Receivable show that a customer is owing a certain amount of money for goods that they took on credit. The customer gets to pay back a maximum of the amount of goods they actually bought because no interest is charged.

This changes with the Notes Receivable. These accrue interest from the day they are signed such that the customer will then pay the value of the notes receivable as well as the interest that it accrues on the day it is collected.

Notes Receivables are usually used by customers who are unable to pay off the accounts receivables within a certain period and so opt for a note receivable avenue instead.

You might be interested in
Emco Company uses direct labor cost as a basis for computing its predetermined overhead rate. In computing the predetermined ove
Andru [333]

Answer:

B. overstate the predetermined overhead rate.

Explanation:

As we know

The Predetermined overhead rate would be equal to

Predetermined overhead rate = (Total estimated manufacturing overhead) ÷ (estimated direct labor-hours or machine hours)

In the given question, the direct labor cost is used for computing the predetermined overhead rate which is already wrong.

To find out the predetermined overhead rate, we always use the indirect cost instead of direct cost

This error could overstate the predetermined overhead rate as it would increase the indirect labor due to which overhead is also increased. So, automatically the rate would also be increased.

8 0
2 years ago
The rate of economic growth per capita in france from 1996 to 2000 was 1.9% per year, while in korea over the same period it was
bagirrra123 [75]

Answer:

36.83 years

16.85 years

$63,710.88

$ 71,490.43  

Explanation:

We can use the nper  formula in excel  to compute the doubling time for the capital real GDP of both countries

=nper(rate,pmt,-pv,fv)

FV is the future real GDP which $28,900*2=$57,800 for France while that of Korea is $25,400 ($12,700*2)

PV is the present real GDP

rate is the economic growth rate of 4.2% in Korea and 1.9% in France

France=nper(1.9%,0,-28900,57800)= 36.83  

Korea=nper(4.2%,0,-12700,25400)= 16.85  

In 2045 ,which is 42 years from now the real GDP are shown thus:

=fv(rate,nper,pmt,-pv)=fv(1.9%,42,0,-28900)=$63,710.88  

=fv(rate,nper,pmt,-pv)=fv(4.2%,42,0,-12700)=$ 71,490.43  

3 0
3 years ago
Sultan Services has million shares outstanding. It expects earnings at the end of the year of million. Sultan pays out​ 60% of i
sukhopar [10]

Answer: $73.33

Explanation:

Dividend discount model can be used to calculate the value of the shares:

= Earnings paid out / (Cost of equity - growth rate)

Earnings to be paid out:

= 60% * 5,500,000

= $3,300,000

Value of shares:

= 3,300,000 / ( 9% - 6%)

= $110,000,000

Share price:

= Value of shares / Number of shares outstanding

= 110,000,000 / 1,500,000

= $73.33

7 0
3 years ago
Why can’t businesses afford all of the factors of production all of the time?
gtnhenbr [62]

Answer:

ptaa ni...xdxdxdxdxd

6 0
2 years ago
Read 2 more answers
Explain the role of an entrepreneur in the economy
Ostrovityanka [42]
To start their own business, usually this supports their local economy however still depending on their success. 
5 0
3 years ago
Other questions:
  • When Dave worked in real estate, he found that when they explained buyer's remorse to home buyers upfront it cut contract losses
    10·2 answers
  • Check-in, initial briefing, recordkeeping, and demobilization procedures are all necessary to ensure:
    5·1 answer
  • Park Corporation is preparing a bid for a special order that would require 720 liters of material SUN100. The company already ha
    14·1 answer
  • River Enterprises has ​$505 million in debt and 22 million shares of equity outstanding. Its excess cash reserves are $14 millio
    15·1 answer
  • Suppose that jack, sophia, and hal enter into a contract to close on the business without the non-competition agreement. jack st
    5·1 answer
  • In a manufacturing business, the ________ transforms finished goods into cash.
    15·1 answer
  • Widgeon Co. manufactures three products: Bales, Tales, and Wales. The selling prices are $55, $78, and $32, respectively. The va
    14·1 answer
  • A man is purchasing a house for $325,000. His lender requires a 20 percent down payment and 2 points at closing. The man is also
    6·1 answer
  • Wilson Enterprises applies overhead based on direct labor cost. The company estimates that their overhead for the year will be $
    15·1 answer
  • The Fed is the most independent of all U.S. government agencies. What is the main difference between it and the other government
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!