Notes receivable due in 30 days appears on the
A. balance sheet as a current liability
B. income statement as an expense
C. balance sheet as a current asset
D. balance sheet as a long-term debt
Answer: C. balance sheet as a current asset
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Manhattan Enterprises manufactures cookware sets and sells the sets to department stores
Manhattan expects to sell 2,400 cookware sets for $200 each in April and 3,500 cookware sets for $215 each in May. Sales are 15% cash and 85% on account. Compute the total budgeted sales for May. A) $752,500 B) $480,000 C) $112,875 D) $9,594,375
Shown below is a consistency vector from an Analytic Hierarchy Process analysis
2.6895 2.5555 2.7985 2.6105 Compute ?. A) Not enough information is given to compute ? B) 2.7985 C) 2.6000 D) 10.6540 E) 2.6635