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rjkz [21]
3 years ago
6

Noncash assets are expected to produce cash over time but the amount of cash they eventually produce could be higher or lower th

an the values at which the assets are carried on the books.
A. True
B. False
Business
1 answer:
Gre4nikov [31]3 years ago
3 0

Answer:

Correct answer is TRUE

Explanation:

Non-cash assets are expected to produce cash over time but the amount of cash they eventually produce could be higher or lower than the values at which the assets are carried on the books. Some factors that affects the value of non-cash assets are the general economic forces such as inflation or deflation, amortization or impairement itself of the assets. It maybe realized at favorable side (gain) or unfavorable (loss) side.

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Imagine an economy in which: (1) pieces of paper called yollars are the only thing that buyers give to sellers when they buy goo
Tomtit [17]
<span>Imagine an economy in which:
(1) pieces of paper called yollars are the only thing that buyers give to sellers when they buy goods and services, so it would be common to use, say, 50 yollars to buy a pair of shoes;
(2) prices are posted in terms of yardsticks, so you might walk into a grocery store and see that, today, an apple is worth 2 yardsticks; and
(3) yardsticks disintegrate overnight, so no yardstick has any value for more than 24 hours.

In this economy, the yardstick is a unit of account but it cannot serve as a store of value.</span>
4 0
4 years ago
What does the annual percentage rate on a credit card determine?
anyanavicka [17]
This is a trick question. it's technically D.

APR determines the amount of interest you are charged if you do not pay your bill in full each month.
7 0
3 years ago
A high level of information asymmetry between insiders and outsiders encourages a greater use of debt relative to equity, as wel
Cerrena [4.2K]

Answer: True

Explanation:

Information asymmetry has to do with the study of decisions taken in transactions where one party has better or more information than the other party. These differences in information or asymmetry leads to a power imbalance in transactions, which can lead to transactions going awry.

When high level of information asymmetry exists between the insiders and outsiders in a business environment, it encourages higher use of debt relative to equity, and more reliance on short- term debt rather than on long- term debt.

4 0
3 years ago
How does starting a job change a person's lifestyle
valkas [14]
You make choices based on your own actions and decisions. There is no one to tell you what is right and what is wrong aside from your boss. You have increased responsibilities and are expected to act mature.
3 0
3 years ago
Read 2 more answers
If a firm retains the same product for domestic and foreign​ markets, the company is demonstrating which type of product​ strate
goblinko [34]

Answer:

A. Straight Extension Strategy

Explanation:

Straight Extension product strategy refers to maintaining the same quality, attributes and utility of products both in the domestic and the international market.

This strategy is usually followed for those products which are globally acclaimed and thus need for any alteration or promotion is undesirable as the market for such products has already been created.

As the word suggests, extension means extending the same product globally.

Hence, this is a case of A. straight extension strategy

8 0
3 years ago
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