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mojhsa [17]
3 years ago
7

Consider the relative liquidity of the following assets: Assets 1. A share in a publicly traded company 2. The funds in a saving

s account 3. A $10 bill 4. Your car Select the assets in order of their liquidity, from most liquid to least liquid. Asset Most Liquid Second-Most Liquid Third-Most Liquid Least Liquid
Business
2 answers:
Fiesta28 [93]3 years ago
7 0

Answer:

The answer is:

1. The $10 bill

2. funds in a savings account

3. Shares in a publicly traded company

4. Car

Explanation:

Liquidity is a function of how fast or how quickly one can turn an instrument or assets into cash.

The most liquid asset is the $10 bill because it is a cash already

The Second-Most Liquid is the funds in a savings account. This can be turn into cash when one walks into the bank for withdrawal

The Third-Most Liquid is the share in a publicly traded company

And the Least Liquid is the car because looking for a buyer to buy car in exchange for cash might take a while

ddd [48]3 years ago
5 0

Answer:

Assets in order of liquidity, from most liquid to least liquid are:

1. A $10 bill

2. The funds in a savings account

3. A share in a publicly traded company

4. Your car

Explanation:

The $10 bill is the most liquid, representing cash in hand.  It is followed by funds in a savings account, which can be withdrawn at short notice.

The share in a publicly traded company can also easily be turned into cash when the certificate is sold to another investor.  It will take less time to do than turning a car into cash.

The car is therefore the least liquid because you will need to find a willing buyer who will likely inspect and test-drive the car.  The buyer will also get it assessed by a technician.

Liquidity of an asset is based on the time it will take for an asset to be turned into cash.  Surely, the car will take a longer time than any other stated asset above.

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Answer:

The answer is $13,558

Explanation:

βP = 1.0 = 1.48A+ [.72 × (1-A)]

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Investment in Stock A = $36,800 × .368421 = $13,558

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3 years ago
Carow Corporation purchased on January 1, 2020, as a held-to-maturity investment, $60,000 of the 8%, 5-year bonds of Harrison, I
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Answer:

Entries are given below

Explanation:

Requirement A.

On January 1, 2020 Carrow purchased held to maturity investment, $60,000 of the 8% 5year bonds of Harrison, Inc for $65,118

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Held-to-maturity securities            $65,118

cash                                                                $65,118

Requirement B.

The receipt of semiannual interest and premium amortization

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cash (60,000 x 8% x 6/12)             $2,400  

held to maturity sercurities                            $446

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6 0
3 years ago
SuperGroup has expressed the intention to begin selling in other countries, including China, while still protecting its Superdry
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Answer:

Marketing and sales segment.

Explanation:

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Name the non-partisan organization that has set the rules for U.S. presidential and
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Answer:

The non-partisan organization that has set the rules for U.S. presidential and  vice presidential debates since 1987 is discussed below in details.

Explanation:

A non-partisan system is an arrangement of administration or organizations such that general and intermittent elections take place without relating to political parties. there are two types of Non-partisan organizations: De facto and De jure.

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6 0
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Last year there was no change in either the raw materials or the work in process beginning and ending inventories. However, fini
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Answer:

d. $625,000

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cost of goods available for sale = cost of goods manufactured during the current period + finished goods inventory at the beginning of the period

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cost of goods available for sale = $600,000 + $25,000 = $625,000

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