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quester [9]
3 years ago
11

Cash means more than just cash on hand and cash in the bank. highly liquid, short-term investments that are easily convertible i

nto cash are called:
Business
1 answer:
RoseWind [281]3 years ago
6 0
<span>Cash equivalents, the investments securities that are for short-term investing, and they have high credit quality and are highly liquid. Cash equivalents, also known as "cash and equivalents," are one of the three main asset classes, along with stocks and bonds. Cash equivalents also serve as one of the most important health indicators of a company's financial system.</span>
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Shelley was initially moderately in favor of a proposal to build a city bike path. At a meeting, she learns that not only will t
Gnesinka [82]

Answer:

The appropriate response is "Persuasive arguments".

Explanation:

  • A noninteractional concept or philosophy of community judgment predicting choice results via cognitive or conceptual claims produced by individuals before the debate is determined as Persuasive arguments theory.
  • It doesn't see dialogue as an important element of judgment results, although as a potential mechanism for facilitating communication.

Thus the above is the right answer.

5 0
3 years ago
Nash's Trading Post, LLC uses the percentage of receivables basis to record bad debt expense and concludes that 3% of accounts r
skelet666 [1.2K]

Answer:

(a) Prepare the adjusting journal entry to record bad debt expense for the year with Allowance for Doubtful Account of $ 3,041

Dr Bad Debt Expenses                      $10,150

  Cr Allowance for doubtful debt      $10,150

(b) Prepare the adjusting journal entry to record bad debt expense for the year with Allowance for Doubtful Account of $ 918

Dr Bad Debt Expenses                      $14,109

  Cr Allowance for doubtful debt      $14,109

Explanation:

The Allowance for Doubtful Account will have the Balance of : 439,700 x 3% = $13,191

(a): Bad Debt Expenses needs to be recorded: 13,191 - 3,041 = $10,150

(b): Bad Debt Expenses needs to be recorded: 13,191 + 918 = $14,109

3 0
3 years ago
For most businesses, annual straight line depreciation expense on the company's building is what type of cost?
Rom4ik [11]

For most businesses, annual straight line depreciation expense on the company's building is fixed cost.

A fixed cost is one that does not change no matter how many units of a good or service are produced or sold. Fixed costs are expenses a company must pay regardless of the specific economic operations it does. As a result, fixed expenses are often indirect because they have nothing to do with how a firm produces any goods or services. Both fixed expenses and variable costs, which together make up a company's total costs, are common. It's common practice to reduce fixed expenses by using shutdown points.

Learn more about fixed costs here:

brainly.com/question/17100497

#SPJ4

6 0
1 year ago
(ECONOMICS) Select ALL answers that apply. Protective tariffs are considered positive because _____.
liberstina [14]
I believe the answer might be b and c:

Protective tariffs<span> are a tool countries use to protect domestic industries. They can take the form of taxes, duties, fees, or other restrictions on imported goods. The purpose of </span>protective tariffs<span> is to foster the growth of local industries and protect them from a flood of cheap foreign goods. </span>
4 0
3 years ago
Read 2 more answers
Which concept do businesses use to earn income?
Studentka2010 [4]

Answer:

Businesses use three types of profit to examine different areas of their companies.

1. Gross profit subtracts variable costs to revenue for each product line. Variable costs are only those needed to produce each product, like assembly workers, materials, and fuel. It doesn't include fixed costs, like plants, equipment, and the human resources department. Companies compare product lines to see which is most profitable.

2. Operating profit includes both variable and fixed costs. Since it doesn't include certain financial costs, it's also commonly called EBITA. That stands for Earnings Before Interest, Tax, Depreciation, and Amortization. It's the most commonly used, especially for service companies that don't have products.

3. Net profit includes all costs. It's the most accurate representation of how much money the business is making. On the other hand, it may be misleading. For example, if the company generates a lot of cash, and it's invested in a rising stock market, it may look like it's doing well. But it might just have a good finance department, and not be making money on its core products.

Explanation:

4 0
3 years ago
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