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Zepler [3.9K]
3 years ago
15

Current assets are those assets that can be converted into cash within:

Business
1 answer:
alukav5142 [94]3 years ago
4 0

Answer:

B. One year or the operating cycle, whichever is longer.

Explanation:

Current Assets are assets that can be converted into cash within a year or an operating cycle whichever is longer.

Current Assets are presented first on a balance sheet and arranged in order of liquidity.

Examples of current assets are cash ,

cash equivalents , short-term investments, accounts receivable and stock inventory.

I hope my answer helps you

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Comprehensive problem 5 part
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A firm in China sells toys to a U.S. department store chain. Other things the same, these sales:a. decrease U.S. net exports and
kari74 [83]

Answer: decrease U.S. net exports and increase Chinese net exports

Explanation: All things the same, the Chinese is exporting while the American store is importing. As the Chinese is exporting, the net export (the difference between a nation's exports and imports) in China increases and as the American is importing, the net export in America is decreasing.

8 0
3 years ago
An engineer wishes to have $3 million by the time he retires in 35 years. Assuming 8% nominal interest, compounded continuously,
Genrish500 [490]

Answer:

annual sum must he set aside $16209.42

Explanation:

given data

engineer wishes = $3 million

retires time = 35 years

nominal interest = 8%

solution

we get here effective annual rate that is

interest rate  = e^{r} - 1  ...........1

interest rate  = e^{0.08} - 1

interest rate  = 0.08328 = 8.33%

and

now we get annual sum must he set aside that is

amount = $3 million × \frac{rate}{(1+rate)^{t}-1}

amount = $3000000 × \frac{0.0832}{(1+0.0832)^{35}-1}

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5 0
3 years ago
If someone produced too little of a good, this would suggest that rational choice cannot be applied to many economic decisions.
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Both are metrics used in economics for measurement of costs and benefits.
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This means that if someone produced too little of a good, the business gained more than it lost.
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1)What is human capital, and how is it different from strictly the quantity of workers available for work? Name three ways to in
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Answer: Human capital means the qualities of the labour force as it relates to skill, knowledge, education

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2B Three ways to improve a nation human capital are education, skills development program and mentoring.

3. Increase in size of labour force refers strictly to the numbers of labour force while increase in human capital refers to the number and quality of the labour force like skills and knowledge

6 0
3 years ago
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