A promissory note: Multiple Choice Is a short-term investment for the maker. Cannot be used in payment of an account receivable. Is another name for an installment receivable. Is a liability to the payee. Is a written promise to pay a specified amount of money at a certain date.

A promissory note Is a written promise to pay a specified amount of money at a certain date

Explanation:

A promissory note is a financial documents containing a written promise by one party, that is the issuer of the document or note to pay another party a particular amount of money, when it is demanded or at a particular date in the future. Such a note contains all the terms that has to do with the indebtedness, like the principal, interest rate, maturity date, the date the note was issued and signatures.

a manufacturer of printed circuit boards uses exponential smoothing with trend to forecast monthly demand of its product. at the end of december, the company wishes to forecast sales for january. the estimate of trend through november has been 200 additional boards sold per month. average sales have been around 1000 units per month. the demand for december was 1100 units. the company uses α = 0.20 and β = 0.10. make a forecast including trend for the month of january.