Answer:
Explanation:
Current liabilities refer to obligations due within one year or less.
The classification is as follows:
a. A note payable for $100,000 due in 2 years. = Not classified as a current liability, as it is due in 2 years and classified as long-term liability.
b. A 10-year mortgage of $300,000 to be paid in ten annual payments of $30,000. = Only the first payment is a current liability; the rest are long-term liabilities.
c. An interest payment of $15,000 on the mortgage. = This is a current liability since it is due within one year.
d. Accounts payable of $60,000. = This is also a current liability because it is due within one year.
Current liabilities are recorded on the liability side of the balance sheet.
P(x) = -30x^2 + 9000x - 567000. Explanation: Initially, we must recall the components of a Profit function. The profit of a business is equivalent to its revenue (R(x)) minus its costs (C(x)). There are two elements: 1. Revenue: defined as the number of units sold multiplied by the price, where x indicates the price charged and Q(x) reflects the number of shirts sold. 2. Cost: The cost function is directly provided in the prompt. Aggregating these elements yields the complete profit function.
Answer:
The correct selection is option "C": $75.
Explanation:
The outstanding balance on a credit card shows how much the user has spent against the card's credit limit. It also indicates the debt owed to the issuing bank. Once the outstanding balance is cleared, the total credit limit becomes available again.
Therefore, with a credit limit of $800 and an outstanding balance of $725, the maximum amount the account holder can charge next month is $75 ($800-$725 = $75).
Answer:
c. Typically, they illustrate the elements that must be developed to generate the final deliverables.
Explanation:
The Work Breakdown Structure (WBS) serves as a method employed by project managers to systematically break down deliverables into smaller parts. It provides a structure that can be utilized for additional planning tasks. These are presented in an indented outline layout.
