Most likely vary directly with the level of firm sales

Assignment Help Finance Basics

Reference no: EM13750363

Which of the following accounts would most likely vary directly with the level of firm sales? Here is my best guess

Cash - Yes

Notes Payable - Yes

Marketable Securities - No

Plant and Equipment - No

Accounts Payable - No

Inventories - Yes

Long term debt - No

Reference no: EM13750363

Questions Cloud

Assume that a company has $20 million in revenue : Assume that a company has $20 million in revenue and its cost of goods sold is 70% of its sales. Additionally, the firm has $3 million of inventories, $2 million in payables, and $2 million in receivables. What's the firm's cash conversion cycle (CCC..

Determine bradleys available education tax credit : Bradley has two college-age children, Clint, a freshman at State University, and Abigail, a junior at Northwest University. Both Clint and Abigail are full-time students. Clint’s expenses during the 2013 fall semester are as follows: $2,400 tuition, ..

Prepare the journal entry to record the sale of receivables : Presented below is information for Jones Company. 1. Beginning-of-the-year Accounts Receivable balance was $15,000. 2. Net sales (all on account) for the year were $100,000. Jones does not offer cash discounts.

How to create crm system flow : How to create crm system flow

Most likely vary directly with the level of firm sales : Which of the following accounts would most likely vary directly with the level of firm sales? Here is my best guess Cash - Yes Notes Payable - Yes

Summarize how the workplace capability enthusiasm : Summarize how the workplace capability enthusiasm can be used to explain payroll tax and the responsibilities of an employer to a client.

Major difference between deferral and accrual adjustments : One major difference between deferral and accrual adjustments is?

Reviewing a process analysis essay : Choose one topic from the list below to explain step by step in paragraph form. This should be at least two paragraphs long. Then, use the questions listed below for Reviewing a Process Analysis Essay to review two of your classmates' posts.

What is the total interest earned : An ordinary annuity pays 6.48% compounded monthly. A person wants to make equal monthly deposits into the account for 15 years in order to then make equal monthly withdrawals of 1,500 for the next 20 years, reducing the balance to zero. How much shou..

User Account

All Pages