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zepelin [54]
2 years ago
14

Both, current assets and non-current assets should be reassessed in order to determine the market value of a business. Group of

answer choices True False
Business
1 answer:
Igoryamba2 years ago
7 0

It is True, that both, current assets and non-current assets should be reassessed in order to determine the market value of a business.

<h3><u>What are current assets and non-current assets?</u></h3>
  • Short-term assets, or those that can be swiftly sold and utilised for a company's urgent requirements, are known as current assets. Non-current Assets are long-term and have an operational life of over a year.
  • Cash, marketable securities, inventories, and accounts receivable are a few examples of current assets. Long-term investments, real estate, PP&E, and trademarks are a few examples of noncurrent assets.
  • Noncurrent assets are often valued at cost minus depreciation whereas current assets are frequently valued at market pricing.
  • Profits from the sale of assets held for more than a year are subject to capital gains tax (noncurrent assets).

To view more questions on market value, refer to : brainly.com/question/15148120

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2 years ago
Paquette purchased a building and land and immediately tore down the building how should they record the expense?
hammer [34]

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7 0
2 years ago
Critically discuss the economic importance of the secondary sector to the south African economy.​
LuckyWell [14K]

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4 0
3 years ago
Early in 2022, Stevenson Incorporated switched to a JIT (just-in-time) inventory system. Financial information for the two most
gregori [183]

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3.8 times

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Inventory turnover indicates how many times a company sells and replaces its stock of goods during a particular period. The formula for inventory turnover ratio is the cost of goods sold divided by the average inventory for the same period.

$ 320,000 / 63,000 = 5.1 times in 2022

$283,500 / 32,000 = 8.9 times in 2023

Therefore inventory turnover increase as a result of the switch to the JIT system by 8.9 times - 5.1 times = 3.8 times

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3 years ago
In year 1000 a man named acholos nemroc celebrated him birthday, turning 100 years old, how old was he in -100?
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