Answer:
The December 31 balance sheet should show the following liabilities:
Current liabilities:
Current portion of notes payable $250,000
Long term liabilities:
Notes payable $750,000
Current liabilities include all the liabilities that are due within one year of the presentation of the balance sheet. While long term liabilities include all the liabilities that are due in more than one year.
Even if the total liability is due in more than one year, but a tranche or installment is due within one year, this must be included as current portion of long term liability under current liabilities.
Whirlpool has most likely adopted a Customer (or market) Sales Force Structure.
Customer (or market) Sales Force Structure refers to a sales technique in which companies assigned a number of employees to handles all the sales specifically on a certain region and introducing company's full line of product/services to the customers in the process.
It is True that the more extensive an electrical wiring system is, the more cost added to the project.
<h3>What are the Types of Electrical Wiring Systems?</h3>
In this, 0.6 m-diameter porcelain, wood, or plastic cleats are fastened to walls or ceilings at regular intervals.
In this, a cable is passed through a grooved wooden casing.
Insulated wires are woven into the slender teak wooden battens of this. Plugs and screws are used to secure the wooden battens to the walls or ceilings. Use of tinned brass link clips allows the wires to be attached to the battens.
PVC cables are used in this wiring and are taken through either steel or PVC conduit pipes.
With the exception of the type of wire or cable, this wiring technique is likewise comparable to the CTS / TRS Wiring. In this, vulcanized Indian rubber is used to insulate the electrical conductor before a sheath made of a lead-aluminum alloy (95% lead and 5% aluminum) is applied.
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Answer:
lower is the correct answer.
Explanation:
Answer:
The correct answer is letter "D": interfere with the rationing function of prices.
Explanation:
While talking about price floors and price ceiling, <em>the rationing function of prices</em> refers to the fact that both governmental measures are imposed to protect sellers and buyers from unfair practices driven by supply and demand. Thus, price floors protect producers from prices that could go below their production costs and price ceilings protect buyers from prices that could be set above their income.
The rationing function of prices can be also understood as the measures taken to discourage demand to keep resources to use them over a determined period.
