What is a receivable? Explain how receivables are built up over time.
Question:
What is a receivable? Explain how receivables are built up over time.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 75% (4 reviews)
A receivable in accounting and finance refers to the amount of money owed to a business or individual by its customers or clients for goods or service...View the full answer
Answered By
Somshukla Chakraborty
I have a teaching experience of more than 4 years by now in diverse subjects like History,Geography,Political Science,Sociology,Business Enterprise,Economics,Environmental Management etc.I teach students from classes 9-12 and undergraduate students.I boards I handle are IB,IGCSE, state boards,ICSE, CBSE.I am passionate about teaching.Full satisfaction of the students is my main goal.
I have completed my graduation and master's in history from Jadavpur University Kolkata,India in 2012 and I have completed my B.Ed from the same University in 2013. I have taught in a reputed school of Kolkata (subjects-History,Geography,Civics,Political Science) from 2014-2016.I worked as a guest lecturer of history in a college of Kolkata for 2 years teaching students of 1st ,2nd and 3rd year. I taught Ancient and Modern Indian history there.I have taught in another school in Mohali,Punjab teaching students from classes 9-12.Presently I am working as an online tutor with concept tutors,Bangalore,India(Carve Niche Pvt.Ltd.) for the last 1year and also have been appointed as an online history tutor by Course Hero(California,U.S) and Vidyalai.com(Chennai,India).
4.00+
2+ Reviews
10+ Question Solved
Related Book For
Gapenskis Fundamentals Of Healthcare Finance
ISBN: 9781567939750
3rd Edition
Authors: Paula H. Song, Kristin L. Reiter
Question Posted:
Students also viewed these Business questions
-
7) The second financial statement to prepare is the statement of retained eamings. To determine the ending balance of retained earnings you need to start with the opening balance as reported in the...
-
You, CA, are the audit senior of Ball Construction Corporation (BC), a small public company. It is September 19, 2013, and the year-end audit fieldwork has just been completed. The audit partner,...
-
Tae-Hwan Ahn manages a Level III Trauma Center for Medical Corporation of America (MCA), a for-profit corporation that trades on the New York Stock Exchange. Ahn wants to upgrade his facility to a...
-
Its estimated that the average corporate user sends and receives some 112 e-mails daily.78 Thats about 14 e-mails per hour, and even if half of those dont require a lot of time and concentration,...
-
Lafayette Corp. issues $1,500,000 of 20-year, 8 percent bonds on February 1, 2017. The bonds sell at 102.00 and pay interest on January 31 and July 31. Assume Lafayette Corp. amortizes the premium by...
-
The six-month and one-year zero rates are both 10% per annum. For a bond that has a life of 18 months and pays a coupon of 8% per annum (with semiannual payments and one having just been made), the...
-
1. Pop Corporation paid $256,000 for its 80 percent interest in Son on January 1, 2016, when Son had capital stock of $200,000 and retained earnings of $20,000. 2. At December 31, 2017, Pops...
-
Possible causes for price and efficiency variances You are a student preparing for a job interview with a Fortune 109 consumer products manufacturer. You are applying for a job in the Finance...
-
You have just purchased a car and, to fund the purchase, you borrowed $30,500. If your monthly payments are $575.32 for the next 5 years, what is the APR of the loan?
-
Define average collection period. How is it used to monitor a firms accounts receivable?
-
What is the revenue cycle? Why is it important to healthcare organizations?
-
Analyze the data in Problem 6-23 as if it came from a 2 4-1 IV design with 1 = ABCD. Project the design into a full factorial in the subset of the original four factors that appear to be significant....
-
Based on the following information, calculate the sustainable growth rate for Kaleb's Welding Supply: Profit margin Capital intensity ratio Debt-equity ratio Net income Dividends 7.5% 0.65 0.60...
-
Waterway Inc. uses LIFO inventory costing. At January 1, 2025, inventory was $216,014 at both cost and market value. At December 31, 2025, the inventory was $283,252 at cost and $262,660 at market...
-
What is the 32-bit version of: 0000 0000 0001 0101
-
1. Let A = 2 1 4 3 Find AT, A-1, (A-1) and (AT)-1. 2. Let A = = [ -1 -1 2 22 (a) Find (AB), BT AT and AT BT. (b) (AB)-1, B-1A-1 and A-B-1. ] 1-5 and B = 1
-
Xavier Ltd. paid out cash dividends at the end of each year as follows: Year Dividend Paid 2018 $250,000 2019 $325,000 2020 $400,000 Assume that Xavier had 100,000 common shares and 5,000, $4,...
-
Consider the following geometric programming problem: Minimize f(x) = 2x12x21 + x22, Subject to 4x1x2 + x21x22 12 And x1 0, x2 0. (a) Transform this problem to an equivalent convex programming...
-
What are conversion costs? What are prime costs?
-
1-The yield to maturity will be greater than the coupon rate when a bond is selling at a premium. Select one: a. False b. True 2-Which one of the following would have the greatest present value,...
-
! Required information [ The following information applies to the questions displayed below. ] Year 1 total cash dividends Year 2 total cash dividends Year 3 total cash dividends Year 4 total cash...
-
WISE-HOLLAND CORPORATION On June 15, 2013, Marianne Wise and Dory Holland came to your office for an initial meeting. The primary purpose of the meeting was to discuss Wise-Holland Corporation's tax...
Study smarter with the SolutionInn App