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notka56 [123]
3 years ago
15

Why do businesses think that money in their bank accounts is part of their cash total?

Business
1 answer:
Brums [2.3K]3 years ago
7 0

Answer:

Because liquid assets are a part of the entire wealth/value of a company.

Explanation:

If Jeff Bezos has 60 billion of dollars worth of assets like buildings and physical investments, that isnt his total wealth, you have to count in his liquid cash as well.

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Which type of wan connection is not shared with other users and has continuously available communications channels?
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The leased line is a type of WAN (Wide Area Network) connection is not shared with other users and has continuously available communications channels. Leased line is a dedicated private circuit or data line that interconnects  two or more sites. It is provided in exchange for a monthly fee or rent. It is <span>a kind of private telecommunication line with fixed bandwidth (rate).</span>
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3 years ago
General Widget partnership assets amount to $34,000 after liquidation. Frank, Gene, and Hank, equal partners, each contributed $
maks197457 [2]

Answer:

$7,000

Explanation:

Balance to be distributed = Assets amount after liquidation - Creditor - Gene loan to the business

Therefore,

Balance to be distributed = $34,000 - $23,000 - $5,000 = $6,000

Since there is no agreement among the partners regarding the distribution of profits, the amount to be distributed will be shared equally for each partners as follows:

Each partner's of the amount to be distributed = $6,000/3 = $2,000

Amount received by Gene = Loan amount from + Distributed balance share

                                             = $5,000 + $2,000

Amount received by Gene = $7,000

Therefore, Gene gets $7,000 in distribution.

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3 years ago
Discuss why exploring different career options is an important step in choosing the right path in your professional life. What a
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1) You can get to know what career suits you the most

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3 0
3 years ago
Joseph wants to take out a large loan. He has always paid his bills on time and has a fantastic credit score. He has been with h
oksano4ka [1.4K]

Joseph is probably denied credit due to his bad character, which is an essential element of the Three C's of Credit.

<h3>What are the Three C's of Credit?</h3>

To determine the credibility of a person for grant of a loan or an advance, a lender takes into consideration the Three C's of credit, which are as follows,

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Collaterals or Capital help in determination of security of lender from borrower, in case when the borrower is unable to repay the credit. Capacity determines the ability to repay the credit.

Character, on the other hand, helps in determination whether the customer or the borrower's behavior, and the qualities of his or her character in the society.

Hence, the three C's of credit are explained above.

Learn more about the Three C's of Credit here:

brainly.com/question/8743350

#SPJ1

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2 years ago
Mention two ways of using money wisely​
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