Disagree. Liabilities can be met in ways other than money.
In accounting, a liability is a debt that is owed and must be payed with money, but there are also legal liabilities and other obligations that are not monetary.
Answer:
$424.36
Explanation:
The applicable formula =M= P ( 1+ r)^2
Where M is the amount after two years
P = principal amount: $400
r = interest rate: 3% or 0.03
n =number of period :2
M= $400 x ( 1+ 0.03) ^ 2
M=$400 x 1.0609
M= $424.36
Answer: Option D
Explanation: In simple words, short run refers to the time frame in which all the factors of production are fixed while in the long run all of them are variable.
This happens due to the fact that in the short run if the company goes for changing the level of inputs than the opportunity that were availing in that time period will be gone by then leading to losses as the total time frame is very less in short run.
On the other hand, firms tends to have greater life in the market and keeps developing themselves with the changing forces of market.
Answer: -36
Explanation:
The 2018 cash from financing activities for Grove Analytics will be calculated as:
Issued short term debt = 22 - 20 = 2
Add: Issued long term debt = 60 - 48 = 12
Less: Purchase of treasury stock = 10
Add: Issue of common stock = (40 - 13 - 25) = 2
Less: Dividend paid = (44 + 93 - 95) = 42
Net cash used by financing activities = -36
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