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NNADVOKAT [17]
3 years ago
9

Of the items in the following lists, which go from most liquid to least liquid?

Business
1 answer:
Anvisha [2.4K]3 years ago
4 0

Answer:

D) a checking account, a certificate of deposit, shares of stock, a new vehicle

Explanation:

Being liquid refers to the ability of an asset to convert to cash easily.  A liquid asset is one that can be converted to very quickly. The least liquid asset is one that takes a lot of time and effort to convert to cash. Cash is the most liquid asset, as it does not require any conversion.

Cash in the bank is treated as cash. It is highly liquid because conversion is not needed. From the list provided, the motor vehicle will be the least liquid. It is a tangible asset that requires an unspecified amount of time to dispose of. At times buyers can be identified after a lengthy period.  A certificate of deposit is fairly liquid as its maturity period is anywhere between days and nine months.

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When dave, a restaurant owner, had his seafood business destroyed by hurricane katrina, he believed that he was in control of hi
Luden [163]

Dave is an individual with an <u>"Internal locus of control".</u>


Locus of control is a person's belief system with respect to the reasons for his or her encounters and the components to which that individual characteristics achievement or disappointment.  

In the event that a man has an internal locus of control, that individual credits accomplishment to his or her own endeavors and capacities. A man who hopes to succeed will be more roused and more inclined to learn.  

Psychological research has discovered that individuals with a more internal locus of control appear to be in an ideal situation, e.g. they have a tendency to be greater accomplishment situated and show signs of improvement paying employments.

7 0
3 years ago
What is the subject of federal open market committee decisions?
kakasveta [241]
<span>What is the subject of federal open market committee decisions? Level of interest rates and growth of the money supply. The federal open market committee makes decisions that they think will growth the supply of money within our economy and keep interest rates at an affordable level. This committee is part of the Federal Reserve Board that meets often to set the monetary policy and interest rates charged to banks. </span>
7 0
3 years ago
1. All of the following are considered phases of the management process except _____. planning directing controlling executing b
12345 [234]

Answer:

1. Executing

2. Directing

3. Continuous process improvement

Explanation:

According to Managerial Accounting Concepts and Principles

1. All of the following are considered phases of the management process except EXECUTING

2. The process by which managers run day-to-day operations is called DIRECTING

3. CONTINUOUS PROCESS IMPROVEMENT is the philosophy of continually improving employees, business processes, and products.

4 0
2 years ago
The Jones Company plans to issue preferred stock with a perpetual annual dividend of $5 per share and a par value of $30. If the
Sever21 [200]

Answer:

c) $25

Explanation:

<em>The value of a preferred stock is the present value of the constant dividend payable for the foreseeable future discounted at the required rate of return</em>

Price = Constant dividend/ required return

The constant dividend = Dividend rate × par value

Dividend as be given as $5 per share

requited return - 20%

So the price of the stock would be

Price = 5/0.2

= $25

7 0
3 years ago
What is the payback period for the above set of cash flows? (Do not round intermediate calculations. Round your answer to 2 deci
inna [77]

Answer: 2.74 years

Explanation:

Payback Period is a method of capital budgeting that works by checking how long the project will take to repay the investment outlay.

The formula is;

Payback Period = Year before Payback Period occurs + \frac{Cash remaining}{Cashflow in year payback happens}

Initial Outlay = $4,650

First Year = $1,350

Second Year = $2,450

Third Year = $1,150

First year + second year = 1,350 + 2,450 = $3,800

Remaining till repayment = 4,650 - 3,800 = $850

Third year amount of $1,150 is higher than $850 so amount will be repaid in 3rd year.

Payback Period = Year before Payback Period occurs + \frac{Cash remaining}{Cashflow in year payback happens}

Payback Period = 2 + \frac{850}{1,150}

Payback Period = 2.74 years

4 0
3 years ago
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