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3 years ago

The more illiquid something is the easier it is to turn into cash. true or false?

Business

1 answer:

k0ka [10]3 years ago

4 0

Answer:

False

Explanation:

Illiquidity in the context of a business refers to a company that does not have the cash flows necessary to make its required debt payments, although it does not mean the company is without assets.

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On the basis of the following data, what is the estimated cost of the merchandise inventory on May 31 using the retail method?

Misha Larkins [42]

Answer: The ending inventory is $43,500

Explanation:

Cost. Retail

$ $

Beginning inventory. 125,000 166,667

Add :Purchases 235,000 313,333

-------------------- -----------------------

Cost of good available for sale 360,000 480,000

Cost to retail ratio

360,000 ÷ 480,000

= 0.75

Cost. Retail

$ $

Cost of good available for sale 360,000 480,000

Less:Sales. 230,000 250,000

360,000. 172,500

187,500

-------------------- ----------------

(417,500) 58,000

Ending inventory × 0.75 (58,000 × 0.75) = 43,500

Cost to retail ratio.

Ending inventory. $43,500

3 0

4 years ago

Should i put this in my writings

Katyanochek1 [597]

Answer:

omg that would be awesome tbh

6 0

3 years ago

Mountain View Resorts purchased equipment at the beginning of 2021 for $46,000. Residual value at the end of an estimated four-

nasty-shy [4]

Answer:

(1) straight-line = $9,975

(2) double-declining- balance = $23,000

(3) activity-based = $6,982.50

Explanation:

purchase cost $46,000

useful life 4 years

residual value $6,100

total operating hours 12,000

(1) straight-line = ($46,000 - $6,100) / 4 years = $9,975 fo 2021

(2) double-declining- balance = 2 x ($46,000 / 4 years) = $23,000 fro 2021

(3) activity-based = 2,100 hours x [$46,000 - $6,100) / 12,000 hours] = 2,100 x $3.325 = $6,982.50

The double declining method is considered an accelerated depreciation method, that is why it is so high.

5 0

3 years ago

True or False: The cost per exposure of most online advertising channels is difficult to account for.

butalik [34]

Answer:

True, I just think this is a true thing due to exposure and costs of ads. And how many businesses go outta business.

7 0

3 years ago

Able Company enters into a contract with a customer to provide them with an accounts receivable program. Able will also provide

ICE Princess25 [194]

Answer:

One

Explanation:

Installation of the program is the single performance obligation because there nothing more than this obligation the Able company is providing them. If they were providing this facility to the customer's subsidiary as well then the performance obligation would be 2 because the two companies were here to given product access by installation. So in the given scenario there is only one performance obligation.

6 0

4 years ago