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andriy [413]
1 year ago
9

In what order are current assets listed on a balance sheet? by dollar amount (largest first). by date of acquisition (earliest f

irst). by liquidity. by relevance to the operation of the business
Business
1 answer:
Karo-lina-s [1.5K]1 year ago
3 0

The Current assets are listed on a balance sheet by order of liquidity i.e in the order of the amount of time it would usually take to convert them into cash.

n accounting terms, current assets are those assets that can reasonably be expected to be sold, consumed, or exhausted in the ordinary course of business of the company during the current fiscal year or operating cycle or fiscal year.

Current assets represent the value of all assets that can reasonably be expected to be converted into cash within one year. 1 Working capital is segregated from other resources. This is because companies rely on working capital to finance their ongoing operations and pay their current expenses.

Current assets are assets that can be converted into cash within one year. B. Short Term Investments and Accounts Receivable. Fixed assets are long-term assets with full value that can only be realized after one year, such as B. Fixed Assets and Machinery.

Learn more about Current assets here

https://brainly.ph/question/2444366

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Explanation:

Because everything Michigan is amazing

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3 years ago
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Helen Weeks has worked for Bonne Consulting Group (BCG) as the executive secretary in the administrative department for nearly 1
elena55 [62]

Answer:

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5 0
3 years ago
Evaluation of the amount of costs incurred should be based on the actual volume of activity rather than the planned volume of ac
inna [77]

Answer:

False

Explanation:

The Performance Evaluation may be defined as the formal as well as a productive procedure to help measure the work of the employee and results is based on their job responsibilities.

For any performance evaluation, the cost that is actually incurred should not be compared to the cost which would have been incurred to the actual volume of the activity or work rather than the planned activity.

Thus the answer is false.

8 0
3 years ago
A company pays a constant 6.5 dividend on stock. The dividend will maintain for the next 12 years and cease forever. The require
zalisa [80]

Answer:

$46.31

Explanation:

Calculation to determine the current share price

Using this formula

Current share price=6.5*Present value of annuity factor(9.1%,12)

Present value of annuity=Annuity*[1-(1+interest rate)^-time period]/rate

Let plug in the formula

Current share price=6.5*[1-(1+0.091)^-12]/0.091

Current share price=6.5*[1-(1.091)^-12]/0.091

Current share price=6.5*7.124793

Current share price=$46.31

Therefore the current share price will be $46.31

6 0
3 years ago
The journal entry to record a return of merchandise purchased on account under a perpetual inventory system would credit
Reil [10]
The answer for this is Inventory
4 0
3 years ago
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