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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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Here are comparative statement data for Duke Company and Lord Company, two competitors. All balance sheet data are as of Decembe
Brrunno [24]

Answer:

Duke Company Lord Company 2022 2021 2022 2021 Net Sales $1,849,000 $546,000 Cost Of Goods Sold 1,063,200 289,000 Operating Expenses 240,000 ...

Explanation:

7 0
3 years ago
Neal Enterprises common stock is currently priced at $36.80 a share. The company is expected to pay $1.20 per share next month a
yanalaym [24]

Answer:

The cost of equity for Neal Enterprises is 5%

Explanation:

In order to calculate the cost of equity for Neal Enterprises we would have to make the following calculation:

cost of equity=((Do(1+g)/Po)+g

According to givn data we have the following:

Do=$1.20

Po=$36.80

g=2%

cost of equity=((1.20(1+0.02)/36.80-1.20)+0.02

cost of equity=((1.20(1+0.02)/35.60)+0.02

cost of equity=0.05

The cost of equity for Neal Enterprises is 5%

5 0
4 years ago
Residual Disability Income pays funds to the insured, to make up for what the insured would have earned after returning to work,
siniylev [52]

Answer:

The correct answer is Total disability.

Explanation:

The total disability can be the result of an illness, derive from a previous situation of temporary disability or consequence of an accident. Its determination implies a series of economic benefits linked to a specific degree of permanent disability.

8 0
3 years ago
Melissa is a minor who agrees to purchase a car from Umberto for $10,000 one month after she turns eighteen years of age. On tur
BartSMP [9]

Answer:

enforceable because it has been expressly ratified by Melissa.

Explanation:

A contract is defined as a legally binding agreement between parties, and is enforceable on both parties involved. There is usually an offer and acceptance to make the contract valid and enforceable. It can involve exchange of goods and services, or future promise to exchange goods and services.

In this instance bMelinda agreed with Umberto that she will buy a car from him when she turns 18 years. The condition to the contract was Melinda turning 18 years.

She has ratified this condition so the contract is now enforceable.

7 0
4 years ago
A hair stylist currently cuts and colors hair for 50 clients per week and earns a profit. He is considering expanding his operat
Leviafan [203]

The decision to expand depends on the marginal cost of serving more clients and the marginal revenue he will earn from serving more clients.

<h3>What is marginal cost and marginal revenue?</h3>

Marginal revenue is the change in total revenue when output is increased by one unit. Marginal cost is the change in total cost when consumption is increased by one unit.  

Economic theory suggests that output should be increased if the marginal revenue exceeds the marginal cost. If marginal cost is greater than marginal revenue, the business should not be expanded. Profit is maximised when marginal revenue is equal to marginal cost.

To learn more about marginal revenue, please check: brainly.com/question/7781429

3 0
2 years ago
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