1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
vodka [1.7K]
2 years ago
12

Accounts Receivable is classified as a ______ because the cash is expected to be received within a year.

Business
1 answer:
Drupady [299]2 years ago
4 0

Accounts Receivable is classified as a <u>current </u><u>asset</u><u> </u> because the cash is expected to be received within a year.

You might be interested in
Charles Johnson has to make a deposit in his savings account. He has one $20 bill, two $5 dollar bills, seven $1 bills, six quar
ivolga24 [154]

Answer:

Total deposit is $39

Explanation:

Given

\$20\ bills = 1

\$5\ bills = 2

\$1\ bills = 7

Quarters = 6

Dimes = 5

Required

Determine the total

To do this, we simply multiply each dollar bill or coin with its frequency and add up the results.

i.e.

Total = 1 * \$20 + 2 * \$5 + 7 * \$1  + 6 * Quarters + 5 * Dimes

Total = \$37  + 6 * Quarters + 5 * Dimes

1\ quarter = \$0.25

1\ dime = \$0.1

So:

Total = \$37  + 6 * \$0.25+ 5 * \$0.1

Total = \$37  + \$2

Total = \$39

8 0
3 years ago
Mays, Inc. had net income for 2014 of $1,060,000 and earnings per share on common stock of $5. Included in the net income was $1
Rainbow [258]

Answer:

The dividends on common stock in 2014 for Mays, Inc was:

Dividends paid=$2650

Explanation:

1. You must follow the formula below to find out the Dividends Paid by Mays inc,

Payout ratio = (dividends paid/net earnings for the period) x 100 then,  

Dividends paid= (Payout Ratio/100) x net earnings for the period

Dividends paid= (25%/100)x$ 1'060.000

Dividends paid=$2650

8 0
2 years ago
A 25-year-old engineer is opening an individual retirement account (IRA) at a bank. Her goal is to accumulate $1 million in the
dimaraw [331]

Answer:

The minimum deposit will be of 3,081 and after 40 year it will get 1,000,000 dollars

Explanation:

We have to solve for the C of an annuity growing

\frac{1-(1+g)^{n}\times (1+r)^{-n} }{r - g}

g 0.05

r 0.06

C 3,081

n 40

C \frac{1-(1+0.05)^{40}\times (1+0.06)^{40} }{0.06-0.05} = 1,000,000

C \times 324.57 = 1,000,000

C = 1,000,000/ 324.57 = 3,081

8 0
3 years ago
Which of the following skills are
Verizon [17]

Answer:

A. organization

Explanation:

a secretary writes the minutes during a meeting and also schedules the meetings for his boss therefore he/she must be organized for the work to be done efficiently.

7 0
2 years ago
How will the aggressive e-commerce plan implemented by Walmart affect operations at its retail locations
Lisa [10]

Answer and Explanation:

As we know that Walmart has the biggest size as a strength. Even there is market saturation but still it opened various retail stores. having more than 10,000 stores in international market it seen that there is large amount of profits. Now after implementing the new e-commerce plan the Walmart leave the competition behind as it helped in covering the great amount of customers range due to this it would create a favorable response also it would be helped in online shopping. having e-commerce plan will give the benefit to generate more sales as compared to before

4 0
3 years ago
Other questions:
  • Why aren‘t magazine photos a good representation ofwhat a healthy person looks like?
    12·1 answer
  • A(n) is a request by an account holder to the bank not to pay a specific payment.
    7·2 answers
  • M7_IND4. Andre Greipel is the owner of a small company that produces heart rate monitors. The annual demand is for 2,250 heart r
    7·1 answer
  • Cash sales 12,650 ,COS 10,000<br>journal entry?​
    8·1 answer
  • Ehrmann Data Systems is considering a project that has the following cash flow and WACC data. What is the project's MIRR? Note t
    11·1 answer
  • Yvette is waiting in line to receive a free t-shirt at a charity event. Because the shirts are free, there are many people in li
    14·1 answer
  • Excellent Company has provided the following operating information for one of its divisions: Sales $100,000 Variable expenses $5
    10·1 answer
  • Irving purchase a car for $5,000 his interest rate is 10% for the year how much will he pay in one year's time​
    7·1 answer
  • How would you convince someone to buy a HoverBoard that actually hovers, If you were the person who made the product? (The produ
    14·2 answers
  • You make $10.25 per hour. You have 7.5% of your total pay taken out of your check for your 401K retirement plan. How much will b
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!