All categories

3 years ago

Creditors want to see that a company that owes them money has ______.

1 answer:

3 0

It should be noted that creditors want to see that a company that owes them money has assets is greater than liabilities.

<h3>Who is a creditor?</h3>

A creditor can be regarded as entity or lender who posses claim on the services of a other entity, This lender is one that someone is owing.

A creditor is usually interested in the assets of the company he's lending to, to be greater than liabilities.

Learn more Creditor at;

brainly.com/question/20216218

You might be interested in

PLEASE HELP!!! ASAP!!! Federal law requires that employers with more than 20 employees provide an employee who has quit or been

sveta [45]

Answer:

18 months

Explanation:

6 0

4 years ago

Ken Jones, an architect, organized Jones Architects on April 1, 20Y2. During the month, Jones Architects completed the following

Zinaida [17]

Answer:

Jones Architects

T-accounts:

Cash

Account Titles Debit Credit

Common Stock, $30,000

Automobile $4,500

Rent expense $3,000

Supplies $1,440

Prepaid Insurance $2,000

Service Revenue $7,500

Accounts Payable $1,740

Miscellaneous expenses, $375

Salary Expense $1,600

Miscellaneous expenses, $810

Note payable, $240

Automobile expense $390

Common Stock

Account Titles Debit Credit

Cash $30,000

Note payable

Account Titles Debit Credit

Automobile $15,500

Cash $240

Automobile

Account Titles Debit Credit

Cash $4,500

Note payable $15,500

Rent expense

Account Titles Debit Credit

Cash $3,000

Supplies

Account Titles Debit Credit

Cash $1,440

Office and computer equipment

Account Titles Debit Credit

Accounts Payable $6,000

Accounts Payable

Account Titles Debit Credit

Office and computer equipment $6,000

Cash $1,740

Blueprint expense $1,000

Prepaid Insurance

Account Titles Debit Credit

Cash $2,000

Service Revenue

Account Titles Debit Credit

Cash $7,500

Accounts receivable $5,200

Miscellaneous expenses

Account Titles Debit Credit

Cash $375

Cash $810

Blueprint expense

Account Titles Debit Credit

Accounts payable $1,000

Accounts Receivable

Account Titles Debit Credit

Service Revenue $5,200

Salary Expense

Account Titles Debit Credit

Cash $1,600

Automobile expense

Account Titles Debit Credit

Cash $390

Explanation:

a) Data and Analysis:

Cash $30,000 Common Stock, $30,000

Automobile $20,000 Cash $4,500 Note payable $15,500

Rent expense $3,000 Cash $3,000

Supplies $1,440 Cash $1,440

Office and computer equipment $6,000 Accounts Payable $6,000

Prepaid Insurance $2,000 Cash $2,000

Cash $7,500 Service Revenue $7,500

Accounts Payable $1,740 Cash $1,740

Miscellaneous expenses, $375 Cash $375

Blueprint expense $1,000 Accounts payable $1,000

Accounts receivable $5,200 Service Revenue $5,200

Salary Expense $1,600 Cash $1,600

Miscellaneous expenses, $810 Cash $810

Note payable, $240 Cash $240

Automobile expense $390 Cash $390

5 0

3 years ago

Paw Salon currently services an average of 74 pets per day. Observations in recent weeks show that its utilization is about 90 p

Liula [17]

Answer:

50 customers per day

Explanation:

For computing the capacity required customers per day, first, we have to compute the current demand per day which is shown below:

Current demand = Average number of pets per day × estimated percentage

= 74 pets × 60%

= 44.4 per day

Now the capacity required per day would be

= (Current demand per day) ÷ (1 - capacity cushion percentage)

= 44.2 ÷ (1 - 0.12)

= 50.22 per day

3 0

3 years ago

Bad publicity associated with massive layoffs is an example of _________. Group of answer choices competitive rivalry exit barri

Zielflug [23.3K]

Answer:

Exit Barriers

Explanation:

Exit barriers are obstacles mitigates a company from leaving a market in which considerations are made in stopping operations or from which it wishes to separate from. They are things that hinders an organization from exiting a market. Barriers associated with exit barriers may include emotional barriers such as massive layoffs, desire to recoup and so on. Other exit barriers include strategic interrelationship and specialized assets and governments and social restrictions.

7 0

4 years ago

Continued losses in an industry will cause some firms to reduce output or eventually leave the industry.

Oliga [24]

The statement " Continued losses in an industry will cause some firms to reduce output or eventually leave the industry " is True

Explanation:

The goal of all businesses is to reduced risk and reduce expenses while retaining productivity and deliver a good product at a consistent rate and cost.

Although company owners know how much they can deliver under optimum organisational and financial conditions, this volume is seldom consistently produced by most firms. Unexpected events inevitably lead to less than the expected amount.

For example, a computer may stop working, and employees can stop producing while waiting for machine repairs. In other situations, production is slowed down or halted by planned events.

5 0

3 years ago