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maw [93]
2 years ago
9

What is a primary difference between a note receivable and an account receivable?

Business
1 answer:
Maksim231197 [3]2 years ago
4 0

Answer:

Note receivable is a written promise by a supplier agreeing to pay a sum of money in the future.

While

Account receivable is the funds owed by the customers.

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The University of Dental Health (UDH) is a state-run university focusing on the education and training of dentists, dental assis
velikii [3]

Answer:

The University of Dental Health (UDH)

Functions                                           Type of Center

Accounting                                         Cost Center

Bookstore                                           Profit Center

Cafeterias                                           Profit Center

Career services                                  Cost Center

Community workshops                      Profit Center

(providing

continuing professional

education necessary for

state licensure)

Custodial services                              Cost Center

Financial aid                                        Cost Center

Human resources                              Cost Center

Information technology                     Cost Center

Residence halls                                  Profit Center

Student parking lots (fee based)      Profit Center

University newspaper/radio station Cost Center

Explanation:

The UDH's cost center is a department or function that does not directly contribute to its profitability but costs it money to operate its activities. A profit center, on the other hand, directly contributes to the University's profitability by generating revenue through its activities.  Please, note that the dividing line is thin.  The determinant factor depends on the choices and efforts made by an organization's management to commercialize some of its internal services.

3 0
3 years ago
The Kelsh Company has two divisions--North and South. The divisions have the following revenues and expenses:
Gemiola [76]

Answer:

c. (140,000)

Explanation:

Effect on net income of dropping the North Division:

Sales                                       $(900,000)

Variable expenses                 <u>$450,000</u>

Contribution margin               $(450,000)

Traceable fixed expenses     <u>$260,000</u>

Effect on net income            <u>($190,000)</u>

Since the North Division currently have Net operating income (loss) of ($50,000), so therefore, after dropping the North Division, the overall company net operating loss will be $140,000 ($50,000 - $190,000).

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3 years ago
The bottom-up method of estimating where work package time and costs for past projects are used as a starting point for a new pr
mote1985 [20]
B range eliminating the property for the property is right
5 0
3 years ago
Funtastic operates on a calendar year. On January 1st, 2017, Funtastic Company placed a new asset into service. The cost of the
skad [1K]

Answer:

Depreciation expenses for 2007 is $8000

Explanation:

Depreciation/year = (Cost - Residual value)/ number of useful life

Depreciation 2007 =  ($50,000-$10,000) / 5

                                = $40,000/5 = $8000

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The date and time b                  

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