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meriva
3 years ago
6

The ideal measure of short-term receivables is the discounted value of the cash to be received in the future. Failure to follow

this practice usually does not make the statement misleading because Question 12 options: Most short-term receivables are not interest-bearing The amount of the discount is not material The allowance includes a discount element Most receivables can be sold to a bank or factor
Business
1 answer:
Sladkaya [172]3 years ago
3 0

Answer: The amount of the discount is not material.

Explanation:

Short-term receivables as the term implies, are short term which means that they are to be received within the period/ year. When discounted therefore, the value will more or less be the same because the discounting period will be so small.

Whatever the difference between the discounted value and the original value is, it will most probably not be material enough for ignoring the practice mentioned to be an issue.

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Annalise received financial aid offers from two universities.
natima [27]

Answer:

Option A will save her $15,500.

Explanation:

Financial aid is the assistance given to students to cater to a college education. It excludes Scholarships and grants as these are not cost items by other forms of assistance.

<u>Total for University Option A</u> excluding scholarships and grants

Tuition & Fees $10,000

Room and Board $11,500

Work-Study  <u>$ 4,000 </u>

Total for A  <u>$25,500</u>

<u>For university option B</u>

Tuition & Fees  $28,000  

Room & Board $ 9,000

Work-study  <u>$ 4,000</u>

Total for B  <u>$41,000</u>

Option B is more costly than A by :$41,000 - $25,500=$15,500.

Therefore, Option A saves $15,500

5 0
3 years ago
Read 2 more answers
Based on the following information for Montana​ Investments, Inc., compute the rate of return on total assets.​ (Round the perce
AfilCa [17]

Answer:rate of return on total assets=22.22%

Explanation:  Return on total assets is a ratio that measures the earnings generated by a company  before interest and taxes in ralation to its total net assets which can be calculated from amount of financial and operations income grom a company's financial year in comparison to the average of that company's total assets.

For  Montana​ Investments, Inc. in December31, 2019, we have that

Net income= $26,000

Interest expense

= $11,000

Average total assets=  $194,000+$139,000/2

Return on total assets

=

(Net Income + Interest Expense) / Average total assets =

{$26,000 + 11,000 ) / [($194,000 + $139,000 ) / 2] =

37,000/166500=0.2222

=22.22%

5 0
3 years ago
Which of the following is widely accepted as a method of payment?
Alenkasestr [34]

Answer:

C

Explanation:

which is a legal tender and it's generally acceptable

7 0
3 years ago
Read 2 more answers
Corporate bylaws: A. must be amended should a firm decide to increase the number of shares authorized. B. cannot be amended once
Bond [772]

Answer:

Option "E" is the correct answer to the following question.

Explanation:

Corporate bylaws or Laws are special rules or regulations made by a company which is a set of statutory laws used by the Board of Directors. Corporate rules or regulations are important legal documents that ensure how a manager will run a corporate website and all the rules and regulations related to it are written.

Corporate bylaws or Laws are used to run corporations easily and smoothly.

4 0
4 years ago
When a customer with a balance due in accounts receivable makes a payment, it is recorded in the receive payments window.
katrin [286]

The answer to your question is True

Hope I helped! Plz mark brainliest! Have an awesome day!

5 0
3 years ago
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