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wolverine [178]
3 years ago
7

Identify characteristics of notes payable that are not common to accounts payable.

Business
1 answer:
defon3 years ago
3 0

Notes payable and Accounts payable are both used to represent the obligations that a company has to an entity. They are however different in certain ways such as:

  • Payment period
  • Conversion
  • Entities owed

The following are differences between notes payable and accounts payable:

  • Payment period - Accounts payable are to be paid in less than a year whereas Notes payable can either be less or more than a year.

  • Conversion - Accounts Payable can be converted to a notes payable if the company is unable to pay them off in time. A Notes payable on the other hand, cannot be converted to an Accounts payable.

  • Entities owed : Accounts payables are owed to suppliers of the company but Notes payable are owed to financial institutions.

In conclusion, notes payables and accounts payables have several differences.

<em>Find out more at brainly.com/question/882090.</em>

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<span>Nerdherd electronics is definitely using Cost-plus pricing strategy. In this case Nerdherd electronics determined their selling price based on a specific dollar amount markup to the televisions unit cost. The question says three different sizes of television, so it is same television but different sizes and the bigger the size of the television the higher the unit cost. So the bigger sized television unit cost added to the dollar amount mark up will be different from the smaller size television unit cost added to the dollar amount. Resulting in the three different sizes of the television having different selling prices.</span>
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4 years ago
What is the smallest acceptable annual income from a project which has a?
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4 years ago
Which one of the following is the price a dealer will pay to purchase a bond? a. bid-ask spread b. par value c. call price d. bi
svp [43]

The bid price is the price a dealer will pay to purchase a bond.

A bid price is an amount that someone is willing to pay for a security, asset, commodity, service, or contract, among other things. In a lot of markets and places, it is referred to as a "bid."

A bid typically represents a reduction from the "ask" price, which is the price at which sellers are willing to accept an offer. The spread between the two prices is known as the bid-ask spread.

Market makers place ongoing bids for securities and may also do so when a seller asks for a price at which they can sell. Unsolicited bids are those that a buyer submits while a seller isn't actively looking to sell, which happens occasionally.

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6 0
2 years ago
When most economists wake up in the morning, their first decision is whether or not to his the snooze button on the alarm clock.
lions [1.4K]

Answer:

The correct answer is letter "E": The marginal benefit of sleeping 10 more minutes is greater than the marginal benefit of 10 more minutes of work.

Explanation:

Marginal Benefit is an economic term that describes the maximum amount a consumer is willing to pay for an additional unit of a good or service. Typically, the marginal benefit decreases as long as the person consumes more of that good or service. The price-benefit relationship is inversely proportional.

In the example, the marginal benefit of sleeping 10 minutes more must be greater than the marginal benefit of working 10 more minutes if economists choose to sleep a little bit more.

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The owner of a small color television set offers to sell it to a neighbor for $75. As the neighbor stands there thinking about t
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If he was the first to say he wanted the product and the seller wants to sell it as fast as possible than yes. But not technically it would be  a kind of verbal understanding and agreement.

8 0
4 years ago
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