User Account

All Pages

Payable by the amount of profit on the sale

Assignment Help Finance Basics
Reference no: EM131103424

Is it true that when one firm sells to another on credit, the seller records the transaction as an account receivable while the buyer records it as an account payable and that, disregarding discounts, the receivable typically exceeds the payable by the amount of profit on the sale?

Reference no: EM131103424

Questions Cloud

Five-forces model of competition : Using the Five-Forces Model of Competition, and the company's current SEC 10K report, discuss the advantages the company has over it competition while addressing the following issues:
Explain the rationale for this statement : However, in solving the semisupervised extension of this method, the representer theorem is the right choice. Explain the rationale for this statement.
Compare the computational complexity of the laplacian : Compare the computational complexity of the Laplacian regularized least-squares algorithm with that of the regularized least-squares algorithm using labeled examples only.
Major components of an effective mission statement : 1. Explain the relationship between strategic management and competitive advantage for firms. How can a firm achieve sustained competitive advantage? Apply these concepts to Barnes and Noble (what is their strategy and competitive advantage). (4+ ..
Payable by the amount of profit on the sale : Is it true that when one firm sells to another on credit, the seller records the transaction as an account receivable while the buyer records it as an account payable and that, disregarding discounts, the receivable typically exceeds the payable by t..
Presented below is information related to garth brooks : During the year, the company sold certain equipment for $285,000, recognizing a gain of $69,000. Because the controller believed that new equipment would be needed in the near future, she decided to defer the gain and amortize it over the life of any..
Explain why four steps involved in the controlling function : Explain why the four steps involved in the controlling function are important. Why is a good understanding of the various ratios used by accountants and managers important to the controlling function? Give specific examples. Respond substantively ..
Complete a pest analysis on the external factors : PEST Analysis: Complete a PEST analysis on the external factors that affect the company's readiness to compete. What are the political,economic, social, and technological factors that affect the company?
Graphite turns into which precious mineral : On the surface of the earth Over a long period of time while under extreme heat and pressure, graphite turns into which precious mineral?

Reviews

Write a Review

Finance Basics Questions & Answers

  Your sop should be objective yet self-reflective the tone

the statement of purpose sop is an essay that will tell the admissions committee who you are what has influenced your

  Question 1how would you measure the corporations revenue

question 1how would you measure the corporations revenue performance over the last few years for example is it

  In what sense is a reinvestment rate assumption embodied

in what sense is a reinvestment rate assumption embodied in the npv irr and mirr methods? what is the assumed

  Which the latest developments in health reform

1. Describe at least two (2) ways in which the latest developments in health reform (i.e., increased transparency to ensure fulfillment of charitable missions) will affect nonprofit health care organizations.

  Find the break even points for plan

Find the break even points for Plan 1 and the all Equity, Plan 2 and the all Equity, and Plan 1 and Plan 2.

  Stream of new dividends to service

"Unlike new capital, which needs a stream of new dividends to service it, retained earnings have zero cost."

  A particular securitys default risk premium is 5 percent

1. 4 points a particular securitys default risk premium is 5 percent. for all securities the inflation risk premium is

  Create a spreadsheet model

Your task is to create a spreadsheet model (using Microsoft Excel) showing your friend which alternative is to prefer. In particular your friend wants you to show her the following in the spreadsheet model: Show by calculation what would be the p..

  What is the most extreme deals development rate

What is the most extreme deals development rate that can be financed without raising outside stores?

  Ater the recap dyes stock price is 750 if dye had 60

dye trucking raised 150 million in new debt and used this to buy back stock. after the recap dyes stock price is 7.50.

  Last year brenmar sales company has a gross profit margin

last year brenmar sales company has a gross profit margin of 30 and sales of 9million. 75 of the companys sales on

  How did the bond price change

Now find the price of the bond when the yield is 8% and then recompute the bond's price when the yield is 6%. Now how did the bond price change?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd