Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 06, 2024

When resources are used and payment for those resources is delayed, the result is the spontaneous creation of short term __________ a. bank loans b.

When resources are used and payment for those resources is delayed, the result is the spontaneous creation of short term __________

a. bank loans

b. commerical paper

c. accruals

d. trade credit

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Income Tax Fundamentals 2013

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

31st Edition

1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516

More Books

Students also viewed these Finance questions

Question

★★★★★

Suppose that the amount of time teenagers spend weekly working at part-time jobs is normally distributed with a standard deviation of 40 minutes. A random sample of 15 teenagers was drawn, and each...

Answered: 1 week ago

Question

★★★★★

Client files a. should be well organized so that information can be retrieved quickly and easily. b. should be organized logically so that they never have to be reviewed. c. are the sole province of...

Answered: 1 week ago

Question

★★★★★

=+33. Gas prices 2013, part 2. In Exercise 30 we looked at the weekly average retail price (cents per gallon) of regular gas nationwide from 2011 through June 2013. Heres the time series plot again:...

Answered: 1 week ago

Question

★★★★★

1. What would be the reasons for and against Christina and David Sloan working for Tortilla King? 2. What advice would you offer Sloan?

Answered: 1 week ago

Question

★★★★★

Consider the Names class below, which is a class to store and process a variety of names. Complete method swapNames below, which swaps the names that correspond to the provided argument indexes....

Answered: 1 week ago

Question

★★★★★

This Mini Practice Set will help you review all the key concepts of the accounting cycle for a merchandising company, along with the integration of payroll. Betty Loeb took over the business now...

Answered: 1 week ago

Question

★★★★★

ABC Ltd. came up with public issue of 3,00,000 Equity Shares of #15 per share. P, Q and R took underwriting of the issue in ratio of 3: 2:1 with the provisions of firm underwriting of 20,000, 14,000...

Answered: 1 week ago

Question

★★★★★

3 > O Actual direct-labour hours Standard direct-labour hours...

Answered: 1 week ago

Question

★★★★★

= {x|ln 3.2 x 20} and two events A Problem 1. (6 points) Given a sample space S x 6} and B {x|3 x 7}, describe the following events. a) AUB. b) A - B. c) AU (BNS). = {x|2

Answered: 1 week ago

Question

★★★★★

MCCC MATH-130 NAME: PROBABILITY & STATISTICS ASSIGNMENT #7 - CHAPTER 8 PLEASE SHOW ALL WORK (TOTAL 20 POINTS) 1. Test the claim that the mean body temperature of normal and healthy adults is equal to...

Answered: 1 week ago

Question

★★★★★

Ashels Engineering Works Inc. employs two types of labor: skilled workers considered to be direct workers and semi-skilled workers considered to be indirect workers. Skilled workers are paid $10 per...

Answered: 1 week ago

Question

★★★★★

This is one question Thanks a lot Suppose an economy begins at ADD and A80 in long-run equilibrium with real GDP equal to Y*; the price level is stable at P0. a. Suppose the central bank announces...

Answered: 1 week ago

Question

★★★★★

You bought one of Great White Shark Repellant Co.'s 8 percent coupon bonds one year ago for $780. These bonds make annual payments and mature 9 years from now. Suppose you decide to sell your bonds...

Answered: 1 week ago

Question

★★★★★

How much is residual income?: 586 a $0 b $200,000 c $210,000 d $246,000 Controllable revenues... $2,000,000 Controllable assets 500,000 Controllable income 300,000 Capital turnover. 4.0 Imputed...

Answered: 1 week ago

Question

★★★★★

The purpose of a flexible budget in cost center performance evaluation is to Allow management some latitude in meeting goals Eliminate cyclical fluctuations in production reports by ignoring variable...

Answered: 1 week ago

Question

★★★★★

Which one of the following statements best describes cost allocation? A company can maximize total company income by selecting different bases to allocate indirect costs. A company should select an...

Answered: 1 week ago

Previous Question Next Question