All categories

3 years ago

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

Business

1 answer:

Maksim231197 [3]3 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.

You might be interested in

The Fabricating Department started the current month with a beginning Work in Process inventory of $11,300. During the month, it

notsponge [240]

Answer: $13,580

Explanation:

The ending balance of the Work in Process:

= beginning Work in Process inventory + direct materials + direct labor + factory overhead - transferred out of the department

= $11,300 + $77,300 + $25,300 + $15,180 - $115,500

= $13,580

Therefore, the ending balance of the Work in Process Inventory account for the Fabricating Department is $13,580.

5 0

4 years ago

The purpose of a screening interview is to make the final decision about which applicants to hire.

Ludmilka [50]

Sreening interviews are normally the first stage of the interview process. This is never used in the final decision making process. The screening interview plays a major part in narrowing down applicants in the very beginning

8 0

3 years ago

Affirmative action programs a. are not imposed by federal law on employers. b. involve the recruitment, hiring, promotion, and t

Otrada [13]

Answer:

The answer is: B) involve the recruitment, hiring, promotion, and training of qualified individuals.

Explanation:

Affirmative Action Programs (AAP) are imposed by the federal government as a basic requirement for doing business with them. They were originally instituted in 1961 by President John F. Kennedy. AAP are intended to ensure all people have equal opportunities in recruitment, hire, promotion, training, and discipline in employment.

5 0

3 years ago

57.Assume that Major Manuscripts, Inc. is currently operating at 97 percent of capacity and that sales are projected to increase

Ulleksa [173]

Complete Question:

Check the attached file for the complete question

Answer:

The projected addition to fixed assets is $1,533.33

Explanation:

Sales at 100% percent = Sales at current capacity/Current operating capacity

Since the Major Manuscripts, Inc. is currently operating at 97 percent of capacity of the net sales of $17,100

Sales at maximum capacity = 17,100/0.97

Sales at maximum capacity = $17,628.87

Projected to fixed assets = ([Current net fixed assets/Sales at maximum capacity]*Increase in sales) - Current net fixed assets

Projected addition to fixed assets = ([$11,400/17,628.87]*20,000) - 11,400 Projected addition to fixed assets = ([$11,400/17,628.87]*20,000) - 11,400 Projected addition to fixed assets = 12,933.33 - 11,400

Projected addition to fixed assets = 1,533.33

The projected addition to fixed assets is $1,533.33

7 0

4 years ago

How many combinations of 6 different 10th grade subjects can tyler choose from the 9 subjects offered?

Lemur [1.5K]

This is simply a Combination Problem: The number of 6-combinations from a set S with 9 elements. Using the definition of Combinations:

C(9,6) = (9!)/[(6!)(9-6)!] = 84

So your answer is 84.

5 0

4 years ago