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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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5 things that make you a borrower
brilliants [131]

Company, Customers, Competitors, Collaborators, and Climate.

8 0
2 years ago
Jackson Company has two service departments (S1 and S2) and two producing departments (A and B). Department S1 serves Department
rusak2 [61]

Answer:

The total amount of cost that will be allocated from S2 to Department A is $32,200.

Explanation:

This can be calculated as follows:

Cost allocated from Department S1 to Department S2 = Direct department costs of Department S1 * Percentage of service to Department S2 = $200,000 * 15% = $30,000

Total Direct department costs for S2 = Direct department costs for S2 + Cost allocated from Department S1 to Department S2 = $16,000 + $30,000 = $46,000

Cost allocated from Department S2 to Department SA = Total direct department costs for S2 * Percentage of service to Department A = $46,000 * 70% = $32,200

Therefore, the total amount of cost that will be allocated from S2 to Department A is $32,200.

3 0
2 years ago
The way the staff looks tells the customer a great deal about the way the organization is managed.
Anni [7]
The answer is true :)
7 0
3 years ago
Western Country Corporation made sales of $ 850 million during 2018. Of this​ amount, Western Country collected cash for $ 710 m
trapecia [35]

Answer:

We have to find Western Country Corporation's net income, and cash balance at the end of 2018.

The answers are:

Net Income = $200 million

Ending cash balance = $100 million

Explanation:

Net income is equal to sales revenue - cost of goods sold - other expenses

Net Income = $850 million - $255 million - 425 million

                   = $200 million

Ending cash balance is equal to beginning cash + cash receipts (inflows) - cash payments (outflows)

Ending cash balance = $85 million + $710 million - $400 million - $285 million

                                   = $110 million

5 0
3 years ago
Which are costs of a college education? Check all that apply.;;;;// tuition; /federal grants/; books and fees/; room and board /
Charra [1.4K]
-tuition (you need to pay for your education)
-books and fees (materials you need and other miscellaneous fees)
-room and board (you obviously need a place to stay while in college)
-student loan interest (if you opt to get a loan instead of paying for your tuition on the spot)
5 0
3 years ago
Read 2 more answers
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