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3 years ago

What is the measure of the ease of converting an asset into its full cash value?

2 answers:

8 0

The measure of the ease of converting an asset into its full cash value is defined as B. liquidity. A liquid market allows assets to be bought and sold at stable prices. The most liquid asset is cash. While real estate, arts and other collectibles are all relatively illiquid.

Paul [167]3 years ago

6 0

The answer is letter B.) liquidity

Liquidity refers to the available liquid assets to a company. It also measures how easy it is to convert an asset to its full cash value.

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If something happens to alter the quantity supplied at any given price, then.

morpeh [17]

Change in quantity supply will lead to a shift in supply curve.

<h3>What is change in supply?</h3>

Change in supply lead to a shift in the supply curve either to the left or right.

This occur in the price to quantity relationship which defines a supply curve.

This change often makes the supply curve becomes steeper and flatter.

Therefore, Change in quantity supply will lead to a shift in supply curve either to right or left.

Learn more on supply curve here,

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2 years ago

After visiting several automobile dealerships, Richard selects the car he wants. He likes its $10,500 price, but financing throu

Len [333]

Answer:

a) Total Interest Paid in 24 months is $1680

b) Total Cost of the car is $12180

c) Monthly Payment is $420

d) Annual Percentage Rate is 10.47%

Explanation:

(a) Loan Amount = $8400

Interest Rate = 10%

Monthly Interest = 8400 x (10%/12)

= $70

Total Interest Paid in 24 months = 24 x 70

= $1680

(b) Total Cost of the car = Loan Amount + Interest Paid + Down payment

= 8400 + 1680 + 2100

= $12180

= $350

Monthly Payment = Monthly Interest Payment + Monthly Principal Payment

= 70 + 35

= $420

(d) Annual Percentage Rate = (1+ 0.10/12)12 - 1

= 0.1047

= 10.47%

7 0

3 years ago

Variable costs as a percentage of sales for Lemon Inc. are 74%, current sales are $697,000, and fixed costs are $178,000. How mu

Crank

Answer:

Effect on income= $12,038 increase

Explanation:

Giving the following information:

Variable costs as a percentage of sales for Lemon Inc. are 74%

How much will operating income change if sales increase by $46,300.

To calculate the effect on income, we need to calculate the increase in total contribution margin:

Total contribution margin change= 46,300*(1-0.74)

Total contribution margin change= $12,038 increase

Effect on income= $12,038 increase

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3 years ago

Mike Hansen has adjusted gross income of $28,350. During the year, Mike decided he needed a larger home. He purchased a home on

storchak [24]

Answer:

$0 (None)

Explanation:

Mike incurring additional moving expenses to his new home is not legally permissible for deduction when starting it in his annual gross income report for tax purposes.

However, miscellaneous expenses such as Unreimbursed business expenses, qualified educational expenses, tax preparation fees, subscriptions to professional journals, and job-hunting expenses may be deducted.

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3 years ago

In order to prevent discrimination against applicants of protected classes, your colleague decides to note the protected class c

Lelechka [254]

It is not a good idea to note the protected class characteristic of the applicants on their applications in order to prevent discrimination against applicants of protected classes because noting the protected class characteristic of the applicant on the application could be interpreted as discriminatory.

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3 years ago