Answer:
c) $210
Explanation:
Revenue is recognized in the year in which it is intended to finance an activity.
The Cash collected During 2014 relating to licences will be used to finance the salaries for the inspectors during 2014 and cash collected during 2014 = $210 (30+180)
Answer:
The correct answer would be B, Money in a checking account.
Explanation:
Liquid assets are one in the category of assets that are ready to be converted into cash. Cash held by a company is the considered the liquid asset of the company. Or any assets which can be converted into cash without losing so much of its value is called a liquid asset. For example if a company holds gold bars as one of the assets, then this would be considered as the liquid asset because gold can easily be converted into cash in case of need. Account Receivables, Gold, deposits receipts, securities, bonds, etc are considered to be the liquid assets of the company after Cash.
Answer: Liquidation value
Explanation:
The liquidation value is one of the type of physical assets of an organization and the business value, real estate firms, directories and the equipment are refers as the liquidation value that helps in evaluating the overall worth of the firm.
This organizational value is lower as compared to the market value and it has less time for selling the products in the open market.
According to the given question, the liquidation value is refers as the actual amount of the stockholder expected value value in the market. Therefore, Liquidation value is the correct answer.
The internet corporation for assigned names and numbers uses companies named accredited domain name registrars to handle the business of registering domain names. In addition, cloud computing denotes to a computing setting where software and storage are delivered as an internet service and get into with a web browser.
Answer:
=$11,580.00
Explanation:
The CD pays 4.9 percent compounded monthly for four years.
In one year, there will be 12 occasions of compounding; after four years, there would be 12 x 4 = 36 compounds.
The interest rate per year is 4.9 percent; monthly interest will be 4.9 /12, which is 0.4083 percent.
The amount in four years is the same as the future value after four years.
=FV = PV (1+r)n
Pv =$10,000
r=0.4083 %
N =36
Fv = 10,000(1+0.4083/100)36
=10,000(1+0.004083)36
=$10000 x 1.1579932
=$11,579. 932
=$11,580.00
