1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Musya8 [376]
3 years ago
11

____________________An asset that lacks this attribute may take a long time to sell or be collected (so that it can be converted

into usable cash), may require a big drop in price compared to its purchase price to induce a buyer to purchase it and/or a large transaction cost to purchase or sell it.
Business
1 answer:
g100num [7]3 years ago
4 0

Answer:

Liquidity

Explanation:

Liquidity is the degree to which an asset can be converted to cash.  Assets that can easily be converted are described as liquid assets and include stocks and bonds.

Illiquid assets are not easy to sell. These assets may take a long time to sell or may be sold at a much cheaper price than the purchase price in order to make a quick sale. These include real estate, motor vehicles etc.

You might be interested in
Purely competitive industry X has increasing costs and its product is a normal good. The industry is currently in long-run equil
mote1985 [20]

The industry is currently in long-run equilibrium. The economy now goes into a recession and average incomes decline. The result will be an increase in output, but not in the price, of the product. This is further explained below.

<h3>What is a product?</h3>

Generally,

In conclusion, The market is in a state of long-term balance. There is currently a drop in typical salaries and the economy is entering a recession. As a consequence, production will rise without corresponding increases in cost.

Read more about product

brainly.com/question/22852400

#SPJ1

4 0
2 years ago
A person may have very strong ethics in the way he or she treats family and friends, but not understand how failure to submit ta
Arturiano [62]

Answer: (D) Application of ethics to business situations

Explanation:

 The applications of the business ethics is one of the form of professional ethics in an organization that helps in examine the overall ethical principle and also the moral problems in the environment.

It also helps in governing the actions during the decision making process and also manage the behavior of the person in an organization.

It is also refers to the unwritten principle and the values in an organization that helps managing the company. According to the given question, the application of the business ethics situation is basically encountered by the ethical maturity model.  

Therefore, Option (D) is correct answer.

6 0
3 years ago
Raven Company has a target of earning $71,200 pre-tax income. The contribution margin ratio is 16%. What amount of dollar sales
Jlenok [28]

Answer:

$685,000  

Explanation:

First and foremost, the formula for determining the contribution margin ratio can be used to determine the target dollars sales as shown below:

contribution margin ratio=contibution margin/sales revenue

contribution margin ratio=16%

contribution margin required=pretax income+fixed costs

contribution margin required=$71,200+$38,400=$109,600  

16%=$109,600/sales revenue

16%*sales revenue=$109,600

sales revenue=$109,600/16%

sales revenue=$685,000  

6 0
3 years ago
Jeremiah Corporation purchased debt securities during 2021 and classified them as securities available-for-sale: Security Cost F
grin007 [14]

Answer: $0

Explanation:

Available-for-sale securities simply refers to the debt securities that are bought but with the intention that they'll be sold before they mature. They're typically reported at their fair value.

The gain that will be reported by Jeremiah Corporation in the December 31, 2021, income statement relative to the portfolio is $0. This is because for available-for-sale securities, there'll be no reports on holding gains or losses incurred.

4 0
3 years ago
The publicity bureau opened for business in 1900 "to do a general press agent business for as many clients as possible for as go
nikdorinn [45]
Standard Oil  
This was an American oil company that was into everything oil from refining to even the transportation, It was set up in 1870 by John D. Rockefeller as an organisation in the state of Ohio, it was the biggest oil refinery both home and abroad as at that time.
5 0
3 years ago
Other questions:
  • Sleek Designs Inc. is producing its first eReader. The company is striving to overcome some of the issues communicated by custom
    8·1 answer
  • What is a service?
    14·1 answer
  • Kelly has decided to start his own business giving sailing lessons. To purchase equipment for the business, Kelly withdrew $1,00
    9·1 answer
  • Bradford Company had sales of $700,000 for a year. The total assets at the beginning of the year were $240,000, and the total as
    13·1 answer
  • One example of price discrimination occurs in the publishing industry when a publisher initially releases an expensive hardcover
    8·1 answer
  • Which of the following financial statements must special-purpose governments include in their financial statements if the specia
    5·1 answer
  • Select all of the expressions that are equal to 6 × 45.<br> 6 × (40 + 5)
    13·1 answer
  • darden has beginning equity of $286,000, total revenues of $72,000, and total expenses of $34,000. the company has no other tran
    15·1 answer
  • this is the percentage of each dollar of income, on average, that is spent for current needs and wants, rather than saved.
    6·1 answer
  • ou read in a newspaper that the nominal interest rate is 12 percent per year in canada and 8 percent per year in the u.s. suppos
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!