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3 years ago

Real estate is a great investment for everyone, particularly since the money is more liquid than common stocks.

2 answers:

5 0

This answer is FALSE - FUN FACT - Liquidity of money refers to the ease with which the owner of an asset can convert it into cash it is easier to convert common stocks into cash rather than attempt to raise cash from sale or mortgage of real estate assets

konstantin123 [22]3 years ago

4 0

False and I knpw because you didn't put if its true or false but I had that question before.

You might be interested in

What is an interest rate usually shown as?

SCORPION-xisa [38]

Percentage, hope that helps

7 0

3 years ago

This software application can be used to organize, analyze, and illustrate data.

PSYCHO15rus [73]

Answer:

its Excel :)

Explanation:

I learned abt it

4 0

3 years ago

Procter & Gamble’s June 30, 2016, financial statements reported the following (in millions): Cash, beginning of year $ 6,836

lina2011 [118]

Answer:

(9,594)

Explanation:

The net cash movement during a period the sum of cashflow from operations (CFO), cashflow from investing activities (CFI) and cashflow from financing (CFF) activities. On the other hand, that net cash movement is also calculated as the difference between end of year cash position and start of year cash position. Given that, we have the equation as below:

End of year cash position - Start of year cash position = CFO + CFI + CFF

Putting all the number together, we have:

7,102 - 6,836 = 15,435 - 5,575 + CFF

Solve the equation, we have CFF = (9,594)

5 0

3 years ago

Which of the following terms accurately describes functional strategies that are properly aligned, traceable to the business str

spayn [35]

Answer:

d. cross-functional strategies

Explanation:

In an organisation, for the proper running of all the departments or functions, proper communications and coordination is required. So implementing the cross-functional strategies can succeed when all the functional areas of the organisation are properly coordinated with each other. And by implementing these strategies we can trace out the business strategy with supporting of all functional areas. These are useful to place all functional strategies properly.

Thus the answer is d. cross-functional strategies.

7 0

3 years ago

Harris Company uses the allowance method of handling its credit losses. It estimates credit losses at one percent of credit sale

likoan [24]

Answer:

Dec.31 Bad Debts Expense 27000

December 31 Balance Sheet Accounts Receivable 392400

Explanation:

Harris Company

Credit Sales for the current year $2700,000

Credit Losses = 1% of $ 2700,000= $ 27000

Add Allowance for Doubtful Accounts $ 30600 Cr

Required Adjustments $ 57,600 Cr

General Journal

Date Description Debit Credit

Dec.31 Bad Debts Expense 27000

Allowance for Doubtful Accounts 27000

December 31 Balance Sheet.

Accounts Receivable $450,000

Less: Allowance for Doubtful Accounts $57,600 ( 27000+ 30,600)

Accounts Receivable 392400

6 0

3 years ago