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Afina-wow [57]
1 year ago
5

cash equivalents: multiple choice are readily convertible to a known cash amount. include investments due in twenty months. incl

ude long-term investments. include accounts payable. include accounts receivable.
Business
1 answer:
Elena-2011 [213]1 year ago
7 0

Cash equivalents include investments due in twenty months.y bills, commercial.

Cash equivalents are investment securities that might be supposed for short-term making investments; they've excessive credit quality and are notably liquid. cash equivalents, additionally referred to as "cash and equivalents," are one of the three important asset lessons in economics making an investment, along with shares and bonds.

Cash equivalents include financial institution bills and marketable securities which include business paper and brief-term authorities bonds. Cash equivalents ought to have maturities of three months or less.

Learn more about investment here: brainly.com/question/24703884

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After writing a check for 172, your account is overdrawn by $31. How much money did you have in the account before you wrote the
ladessa [460]
$203.00
172.00+ more you spent 31.00= 203.00
7 0
3 years ago
Revision of Depreciation
alexgriva [62]
  1. The annual depreciation expense is $17,000.
  2. The book value at the end of the twentieth year of use is $425,000.
  3. The depreciation expense for each of the remaining 20 years is $20,000.
<h3>What is the annual depreciation expense?
</h3>

Straight line depreciation expense = (Cost of asset - Salvage value) / useful life

Annual depreciation = ($765,000 - $153,000) / 36 = $17,000

Book value in the 20th year = cost of the asset - accumulated depreciation

765,000 - (17,000 x 20) = $425,000

Depreciation expense for each of the 20 years = (book value - new residual value) / new useful life

(425,000 - $25,000) / 20 = $20,000

To learn more about straight line depreciation, please check: brainly.com/question/6982430

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3 0
2 years ago
Maria, a certified financial planner, must also be a licensed attorney to be appointed Trustee of a bankruptcy estate. A. True B
seropon [69]

Answer: False

Explanation:

Bankruptcy Trustees are usually lawyers and this is why people think that they must always be lawyers but this is not the case.

The United States Trustee who is an officer of the Department of Justice and the one in charge of appointing Bankruptcy Trustees, can appoint a person other than a licensed attorney to be the representative of an estate for bankruptcy related matters (trustee) such as accountants or financial planners.

6 0
3 years ago
When a price floor becomes binding because of the change in the supply of hops, the net effect will be ?
Svet_ta [14]

Price floor is the maximum price in the market.

5 0
3 years ago
Suppose Indiana produces only steel and corn, with fixed amounts of land, labor, and capital resources. Which of the following b
babymother [125]

Answer:

The percentage of Indiana residents with a college degree rises from 25% to 30%.

Explanation:

Human capital is one of the most important (according to some economists the most important) aspect for economic growth. If college graduates in Indiana go from 25% to 30%, it means that Indiana's human capital has improved.

With improved Human Capital, now Indiana can produce better steel and corn, or even produce other things, because its college graduates have acquire the necessary knowledge to do so. This will in turn lead to economic growth and a higher standard of living.

8 0
3 years ago
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