All categories

3 years ago

Consider the relative liquidity of the following assets:

Business

1 answer:

NeTakaya3 years ago

4 0

Answer:

1. A $20 bill

2. A bond issued by a publicly traded company

3. The funds in a money market account

4. Your car

Explanation:

Liquidity means that how easily an asset can be converted into cash.

1. Currency is the most liquid means of medium of exchange, so $20 bill is highly liquid asset.

2. A publicly traded bond can be converted into cash within a couple of days, so it is second most liquid asset.

3. The funds invested in the money market can be withdrawn within agreed period of time which can be in months or days so it can be at seconf or third most liquid asset.

4. A car can take more than a month to locate a customer to sell it at appropriate price so it is the least liquid asset.

You might be interested in

Standlar Company makes wireless speakers. The standard model price is $360 and variable expenses are $210. The deluxe model pric

bija089 [108]

Answer:

The overall Sales revenue at break even is $515995.872

Explanation:

The overall break even in dollars or the composite break even point is the Total revenue that a business must earn from all its products that should be equal to the total costs from all its products and there is no profit or no loss.

The formula for composite or overall break even in dollars is,

Break even in dollars = Fixed costs / Weighted average contribution margin ratio

Where the weighted average contribution margin ratio is the weghtage of each product in the overall sales mix multiplied by the contribution margin of each product.

The total sales mix is = 8 + 4 + 1 = 13

Weighted average contribution margin ratio = ((360 - 210) / 360) * 8/13 +

((500 - 300) / 500) * 4/13 + ((1600 - 600) / 1600) * 1/13 = 0.5814 or 58.14%

Break even in dollars = 300000 / 0.5814

Break even in dollars = $515995.872

If there is some discrepancy in the final answer, it will be due to the rounding off of the weighted average contribution margin ratio

3 0

3 years ago

Find the Mean of 18, 24, 17, 21, 24, 16, 29, 18

dexar [7]

Answer:

20.875

Explanation:

18+24+17+21+24+16+29+18=167/8=20.875

5 0

2 years ago

Read 2 more answers

The optimal capital structure has been achieved when the: debt-equity ratio is equal to 1. debt-equity ratio results in the lowe

icang [17]

The optimal capital structure can be realized if : Debt-equity ratio selected results in the lowest possible weighted average cost of capital.

An optimal capital structure can be regarded as best mix of debt as well as equity financing which maximizes a company's market value.

And as well minimizing its cost of capital, it can be realized when Debt-equity ratio that is been selected, gives the lowest possible weighted average cost of capital.

Learn more at:

brainly.com/question/10782180?referrer=searchResults

3 0

2 years ago

In negotiations the ________ task involves how the benefits of the relationship will be allocated between the parties. distribut

Brut [27]

Answer:

The correct answer to the given question is option A) distributive task.

Explanation:

When the negotiations are under way , the task which is performed to determine how the benefits of the relationship from the negotiation would be distributed among the parties involved in the negotiation is Distributive task.

So the correct option is A .

3 0

2 years ago

Vance has a vested account balance in his employer-sponsored qualified profit-sharing plan of $40,000. He has two years of servi

Maurinko [17]

Answer: $5,000

Explanation:

Per the requirements of qualified plans that permit loans, the maximum amount that an individual can withdraw is whichever is lesser between $50,000 and 50% of their Vested Account Balance.

Vance in this scenario has a vested account balance of $40,000.

50% of that would be $20,000.

That means that he can be loaned $20,000. However, he already has an outstanding loan balance that must be accounted for of 15,000.

Subtracting those figures we have,

= 20,000 - 15,000

= $5,000

The maximum loan that Vance can take from the qualified plan is $5,000

7 0

2 years ago