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2 years ago

What is an advantage of taking out a long-term loan instead of a short-term

Business

1 answer:

Naya [18.7K]2 years ago

4 0

Answer:

Explanation:

wldodoro and I have been compounded 3orif for the local community and sort them 56feet out in the development area and to the environment I will not magnify the role I am

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Some companies use automated payment processing technology in which paper checks that may arrive at a lockbox are converted into

Otrada [13]

The answer in the given statement above is the accounts receivable conversion. This type of process allows an individual to receive the amount that he or she converts from paper check into a real amount when scanned under an electronic machine in which is being described above.

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2 years ago

A company has bonds outstanding with a par value of $100,000. The unamortized premium on these bonds is $2,700. If the company r

Lunna [17]

Answer:e. $3,700 gain.

Explanation:

Par value of Bonds =$100,000

Unamortized premium= $2,700

Carrying/ Book value of bonds= Par value of Bonds +Unamortized premium

= $100,000 + $2,700 =$102,700

Amount at which bonds retired $100,000 x 99% = $99,000

Gain on retirement of bonds =Book value of bonds- Amount at which bonds retired

=$102,700- $99,000 = $3,700

4 0

3 years ago

Culver Corporation’s adjusted trial balance contained the following asset accounts at December 31, 2017: Cash $8,220, Land $40,8

Dovator [93]

Answer:

See explanation Section

Explanation:

Culver Corporation

Balance Sheet (Current Asset only)

As at December 31, 2017

Particulars $ $

Cash $8,220

Accounts Receivable $97,530

Less: Allowance for

Doubtful Accounts (4,520) $93,010

Prepaid Insurance $6,040

Inventory $34,900

Equity Investments $13,510

Current Assets $155,680

Note: As equity investment will be sold in the next year, it is shown as current assets. Land and patents are property, plant, and equipment.

8 0

3 years ago

What policy is a way the SEC protects investors

FinnZ [79.3K]

Requiring companies to disclose financial information.

3 0

3 years ago

Section 2-201 of the UCC provides that contracts for the sale of goods for $500 or more are unenforceable unless: a. A written s

Shkiper50 [21]

Answer:

d. All of these are correct.

Explanation:

The UCC are a set of guidelines that deals with contracts involving sale of goods. It settles disputes that occur during such transactions.

Section 2-201 of the UCC deals with statute of fraud.

Contract for a sale of goods is not enforceable unlesss there is some written contract of sale by the party against who enforcement is sought or his official agent.

This document also a written signature of the party against whom enforcement is sought, and a written indication of the quantity sold.

6 0

2 years ago

Read 2 more answers