Yolanda owns a custom curtain business. One of her suppliers brings her a delivery of decorator fabric on the 1st of each month, which she can pay for at anytime during that month. If she pays for the fabric by the 15th of the month, her supplier gives her a 10 percent discount off the cost. Which short-term liability does this scenario best describe

Answers

Answer 1

The short-term liability in the scenario is BEST described as E. a trade credit.

Trade credit involves the extension of the payment date for a business transaction.  The 10% discount offered by the supplier to Yolanda's curtain business within the discount period of 15 days is a financial inducement to enable Yolanda to pay on time.

Thus, within the credit period, the short-term liability that Yolanda's business bears is known as a trade credit, not an account receivable, a line of credit, a factor, or a loan.

Answer Options:

A. an account receivable

B. a line of credit

C. a factor

D. a loan

E. a trade credit

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Related Questions

For each of the following statements regarding dividends, indicate whether it is true or false. (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.)
A. Cash and stock dividends reduce retained earnings.unanswered
B. Dividends payable is recorded at the time a cash dividend is declared.unanswered
C. The date of record is the date a cash dividend is paid to stockholders.unanswered
D. Stock dividends help keep the market price of stock affordable.unanswered

Answers

Dividends refers to the regular payments of profit made to stockholders who own part of the firm shares.

It is true that the cash and stock dividends reduce retained earnings

It is true that dividends payable is recorded at the time a cash dividend is declared.

It is false that date of record is the date a cash dividend is paid to stockholders.

It is true thato t the stock dividends help keep the market price of stock affordable.

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Structural unemployment results when the number of jobs is insufficient for the number of workers. True False

Answers

Structural unemployment is a longer-lasting form of unemployment caused by fundamental shifts in an economy and exacerbated by extraneous factors such as technology, competition, and government policy. Structural unemployment occurs because workers lack the requisite job skills or live too far from regions where jobs are available and cannot move closer. Jobs are available, but there is a serious mismatch between what companies need and what workers can offer.

A contract or ________ stipulates in writing all the client's requirements and gives all of the relevant information.

Answers

It should be noted that contract or event profile is usually stipulated in writing all the client's requirements and gives all of the relevant information.

An event profile can be regarded as set of event scripts, which helps to give description about an event.

This profile or contract do list out all the requirements that is needed by a company from the client in executing their services.

Therefore, contract or event profile serves  all the client's requirements and gives all of the relevant information.

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Miguel has been working at his job for 3 years and already filled out a W-4 when he was first hired. This year, he just got married and is planning on filing his taxes jointly with his spouse. What should he do?
Keep the same information on his W-4
Wait until next April to fill out a new W-4
Request to fill out a new W-4 from his employer
Email his HR department that they need to update his W-4

Answers

Based on the information regarding the W-4, the thing that should be done next will be C. Request to fill out a new W-4 from his employer.

The W-4 form simply tells the employer, the filing status of the employee, amount of credits, multiple jobs adjustment, amount of other income, deductions, etc that are needed to compute the federal income tax.

Since Miguel was single when he started working with the company but was now married, he should request to fill out a new W-4 from his employer.

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Considering the situation described above, what Miguel should do is to "Request to fill out a new W-4 from his employer."

What is W-4 Form?

The W-4 form is the form that is filled by the employee and submitted to the employer to show the filing status, numerous jobs modifications, amount of credits, other income, deductions, and any other amount to withhold from each paycheck to determine the amount of federal income tax to remove and withhold from the employee's salary.

Therefore given that Miguel just got married and is planning on filing his taxes jointly with his spouse, despite having already filled out a W-4 when he was first hired, then action expected from him is to "request to fill out a new W-4., from his employer."

Hence, in this case, it is concluded that the correct answer is option C.

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Inflexible or unreliable processes cause organizations to produce goods before they are required; this is called: A. excess motion. B. inappropriate processes. C. overproduction. D. defects.

Answers

According to business operation and standards, inflexible or unreliable processes cause organizations to produce goods before required; this is called "Overproduction."

What is Overproduction?

Overproduction is a term used to describe a situation in which a business firm produces or supplies an excess quantity of products that is way more than the quantity demanded in the market.

Overproduction of products usually leads to lower prices and sometimes unemployment of labor.

Hence, in this case, it is concluded that the correct answer is option C. "Overproduction."

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Wilbur has $800 to open a checking account. He can maintain a minimum balance of at least $500. He plans to use the ATM twice a month and he maintains a savings account at the same bank. His employer has direct deposit and he sometimes overdrafts his account. Bank Account Terms and Conditions Bank Account terms and conditions. Bank A is best for Wilbur. Wilbur wants a checking account with the lowest fees. Which checking account would be best for Wilbur? Account A Account B Account C Account D.

Answers

Answer:

Account A

Explanation:

It should be noted that the checking account that would be best for Wilbur is Account A.

A checking account simply means a type of bank account that allows one to easily deposit and withdraw money to carry out transactions.

From the complete information, it can be noted that Wilbur wants a checking account with the lowest fees. Therefore, the best option that should be chosen is Account A.

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What is the GDP?
A.
The value of the products and services produced in a country
B.
The natural environment of a country
C.
The geographical location of a business
D.
The capitalist system used in the U.S.


Please select the best answer from the choices provided

A
B
C
D

Answers

Answer:

the market value of all the final goods and services produced in a specific time period

Explanation:Gross domestic product (GDP) is a monetary measure of the market value of all the final goods and services produced in a specific time period

IBM expects to pay a dividend of $5 next year and expects these dividends to grow at 7% a year. The price of IBM is $90 per share. What is IBM's cost of equity capital

Answers

Based on the information given, IBM's cost of equity capital is 12.56%

Share Price = Dividend Next Year / [Cost of Equity - Growth Rate]

$90 = $5 / [R - 0.07]

$90 * {R - 0.07] = $5

{R - 0.07] = $5/$90

R - 0.07 = 0.055556

R = 0.055556 + 0.07

R = 0.125556

R = 12.56%

In conclusion, IBM's cost of equity capital is 12.56%

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Click this link to view O*NET’s Work Context section for Licensing Examiners and Inspectors. Note that common contexts are listed toward the top, and less common contexts are listed toward the bottom. According to O*NET, what are some common work contexts for Licensing Examiners and Inspectors? Select four options.

in an open vehicle
telephone
face-to-face discussions
wear specialized safety equipment
contact with others
importance of being exact or accurate

Answers

Answer:

A, C, E, F

Explanation:

Answer:

B, C, E, F

Explanation:

reer

Tom is considering making changes to his policy to make insurance more affordable. Which of the following statements is not something Tom should consider when making changes to his policy? a. Increasing the deductible on collision insurance will reduce his overall monthly and annual expense, but will lead to more out-of-pocket expense if he is in a collision. B. Removing comprehensive insurance will reduce his overall expense, but will leave Tom entirely responsible for the cost of a new windshield if he hits a rock on the highway. C. Increasing the limits on his bodily injury insurance will reduce his overall expense by putting greater limits on how much the insurance company will pay for injuries. D. Removing property damage insurance will reduce his overall expense, but will leave Tom responsible for the cost of repairs to any other cars involved with Tom in a collision. Please select the best answer from the choices provided A B C D.

Answers

The statement which is not something Tom should consider when making changes to his policy of making insurance more affordable is:

C. Increasing the limits on his bodily injury insurance will reduce his overall expense by putting greater limits on how much the insurance company will pay for injuries.

According to the given question, we are asked to state the statement which is not something Tom should consider when making changes to his policy of making insurance more affordable.

As a result of this, we can see that if Tom is seeking to make some policy changes to his insurance to enable him to reduce the cost of the insurance, he should NOT consider increasing his limits on bodily injury because it would help reduce overall expenses.

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Answer:

c

Explanation:

Homelife, a national chain of high-end furniture stores, employs nearly 800 workers. In the past few years, the company's market share has dropped significantly, and employee turnover has increased. Upper management is considering the implementation of a new compensation policy in its efforts to turn the company around. Historically, the company has paid all employees similarly with some variation for seniority but no distinction between high and low performers. Which one of the following questions is LEAST relevant to Homelife's decision to develop an aligned reward strategy?

a. What compensation programs should Homelife use to reinforce necessary employee behaviours?
b. How well does Homelife's current compensation program match the company's strategic aims?
c. What were the results of the most recent Homelife customer review ratings?
d. What compensation programs should Homelife use to reinforce desired employee behaviours?

Answers

The option that's least relevant to develop the reward strategy is C. What were the results of the most recent Homelife customer review ratings?

A reward strategy simply means the designing and implementation of reward policies that are vital in supporting the objectives of an organization.

In this case, it's important to know the compensation programs that should be used to reinforce necessary employee behaviors and how well Homelife's current compensation program matches the company's strategic aims.

It should be noted that the results of the most recent Homelife customer review ratings don't matter in the reward strategy.

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________ is an organized movement of citizens and government agencies to improve the rights and power of buyers in relation to sellers.

Answers

Answer:

Consumerism: An organized movement of citizens and government agencies to improve the rights and power of buyers in relation to sellers.

Explanation:

hope you have a good day! God bless you and have a good day!

MERRY CHRISTMAS AND HAPPY NEW 2022 YEAR

There are currently 69,000,000 U.S. Twitter users. Roughly 46% of Twitter are on the platform daily. How many Twitter users are on the platform daily?


a) 25,184,000
b) 31,740,000
c) 36,688,000
d) 42,044,000

Answers

Answer:

b. = 31,740,000

Explanation:

69,000,000 - 46% = 37260000

69,000,000 - 37260000 = 31,740,000

The construction industry employs about ____ percent of the working people in the United States and Canada.

Answers

40% of working people in the United States as well as Canada

Lily is planning to sell her home, which she bought seven years ago for a total of $168,000. The property value has increased by 2. 5% each year for the past seven years. In the meantime, Lily has made improvements and renovations to the home which increase its sale value by $52,000. How much will Lily sell the home for, to the nearest hundred dollars? a. $261,500 b. $249,400 c. $267,000 d. $251,700.

Answers

The amount that Lily will sell the home for, to the nearest hundred dollars is d. $251,700.

First step is to calculate the amount using this formula

A=P(1+r)^n

Let plug in the formula

A=168,000(1+0.025)^7

A=168,000(1.025)^7

A=168,000(1.18869)

A=199,699

Second step is to calculate the how much will Lily sell the home for.

Selling price=$199,699+$52,000

Selling price=$251,699

Selling price=$251,700 (nearest hundred dollars)

Inconclusion the amount that Lily will sell the home for, to the nearest hundred dollars is d. $251,700.

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A social media marketing campaign is a coordinated social media marketing effort to communicate with a target audience to achieve __________.

Answers

Answer:

A marketing or business goal

Explanation:quizlet.

the two ways that a corporation can be classified by ownership are

Answers

Answer:

The two ways that a corporation can be classified by ownership are: publicly held and privately held

Explanation:

Corporation is majorly defined by the ownership of the entity and this ownership can only be determined by the number of share being held by private groups and promoters or the general public.

Professor Patty is very distraught that three students in her class cannot afford to buy the 42- chapter book for the course. The book is used for two semesters, although not all students take the second semester. She finally tells the three students that she will make copies of the first 21 chapters for them, at no charge. Professor Patty makes the copies and gives each chapter to the students prior to her coverage of the relevant chapter in class. If Professor Patty is sued for copyright infringement: __________

a. she wins because the fair use doctrine permits the use of the work for educational purposes.
b. she wins because she is not copying the entire book but only 21 chapters of it and is not making a profit.
c. she loses because by making and distributing the chapters, she is diminishing the value of the book on the national market.
d. she loses because she is copying whole sections and a significant portion of the book.

Answers

Answer: C

Explanation:

If you borrow $1500 with a compounding interest rate of 8% for 2 years, that compounds semi-annually. How much will you pay back in total at the end of 2 years

Answers

Answer:

1740

Explanation:

1500(1+[tex]\frac{8}{100}[/tex])^2

1500*([tex]\frac{27}{25}[/tex])^2

= 1749.6

A market might have an upward-sloping long-run supply curve if:

Answers

Answer:

a. firms have different costs.

Explanation:

A market might have an upward-sloping long-run supply curve if

a. firms have different costs.

b. consumers exercise market power over producers.

c. all factors of production are essentially available in unlimited supply.

d. the entry of new firms into the market has no effect on the cost structure of firms in the market.

Free cash flow equals cash provided by operations less capital expenditures and cash dividends. True False

Answers

Answer:

true

Explanation:

Pete and Mason are shopping for Cheese-its for a class activity. They needed several boxes. Which prices give the better deal.
A. $1.25 per box
B. $5.50 for 3 boxes
c. Buy 1 at regular price ($3.50) and get one at 50% off
D. $2.75 per box and a coupon for $1.00 off

Answers

Answer:

I believe A. $1.25 per box would be the best deal.

Explanation:

This is because A is $1.25 per box,

B. is about $1.83 per box (5.50/3 divided by 3/3 = about 1.83/1)

C. Would be 1 box = $3.50, and the next $1.75 (which is still not less then just $1.25 per box)

and D. would be $2.75-$1 off = $1.75

Out of all of them, A is cheapest/gives the best deal.

Not sure if all calculations are correct, but I hope this helps! :)

Which organization, whose launch responded to the emergence of television as the leading medium of advertising, rose to fame in the mid-1950s

Answers

Answer:

The Non-profit Television Bureau for Advertising

Explanation:

6 * 4 + 43 w/ solutions
net programming (tle)

Answers

Answer:

24+43w

Explanation:

When a firm depends on customer advocacy for the promotion of its products, it faces which challenge?

Answers

A challenge which would faced by a business firm that depends on customer advocacy for the promotion of its products is: It is difficult to control the promotional messages created by customers.

Customer advocacy can be defined as a strategic process in customer service that involves a business firm placing its focus on what is deemed to be best for its end users or customers. Thus, it typically involves a business firm putting the needs of its customers first while delivering a solution-based assistance through its products and services.

However, a challenge which would faced by a business firm that depends on customer advocacy for the promotion of its products is that it is usually difficult to control the promotional messages created by customers, whether or not it is in line with firm's policy and standards.

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how are 2022 versa’s available safety shield technologies enabled or disabled?

Answers

The versa's safety shield technologies are factory-fitted, thus, are automatically enable while the car is on.

The safety shield is a mechanism created to minimize hazards while on motion.

The popular features of vehicle with the safety shield technology includes

blind spot warningcollision warningautomatic emergency braking etc

In conclusion, the versa's safety shield technologies are factory-fitted, thus, are automatically enable while the car is on.

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Is someone smart here?

Answers

Answer:i think it is A

Explanation: the reason its a is because the maximum would prevent people paying to much for gas

What does the phrase "like animals escaped from their caves" imply about the sun's impact on the children?

Answers

the sun being out causes children to come outside and “escape from their homes” to enjoy the sun. without the sun (rain or cloudy weather), children will most likely stay inside

You work in sales, and you find your work to be more of a lifestyle than a job. It often involves complex customer situations and weeks of preparation and problem solving to help find workable solutions for those situations. You enjoy it because it enables you to travel to many places and interact with people continuously. However, much of your work involves careful follow-up after your customer visits. Which personal sales channel have you chosen as a career

Answers

There are different aspect of sales. The personal sales channel have you chosen as a career is Field selling.

There are different kinds of selling. they include;

Transactional sellingConsultative sellingField selling  Collaborative selling, etc.

Field marketing which is commonly described as field selling is known to be an old method in direct marketing.  It is when people are involved in distributing, auditing, selling etc., on the field. It is known to be a one-way communication tool.

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br.uh its like 12:00 am for me.

Answers

Answer:

But for Me its 10:00 AM now

Anyways thnks for points!!!

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