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
Dmitry_Shevchenko [17]
3 years ago
8

Consider the relative liquidity of the following assets:

Business
1 answer:
Vladimir79 [104]3 years ago
5 0

Answer:

Liquidity is a measure of how easily an asset can be converted into cash.

In order of most liquid to least, the above are:

1. A $10 Bill

This is already cash so is already as liquid as it will every get.

2. The funds in a savings account.

This can simply be withdrawn from the bank which will then give the customer cash so it is very liquid.

3. A share in a publicly-traded company.

This share would have to be sold first before cash is realized. The share is to a publicly traded company however so this will not be too difficult so this asset is adequately liquid.

4. Your car.

This would need to be sold first and finding a buyer might not be too easy so it is the least liquid of the bunch.

You might be interested in
The bank statement contained two bank memoranda:1. A credit of $2,242.00 for the collection for Bogalusa Company of an electroni
serious [3.7K]

Answer:

Cash                         2,157 debit

bank service expense 85 debit

   account receivables 2,242 credit

Explanation:

To record the bank memorand:

The collection in behalf of the firm will increase cash

The new print the checks will be considered either miscellaneuos expense or bank service expense either way, will decrease cash.

Net cash variation: 2,242 - 85 = 2,157

For the Company errors another entry will be made looking for errors between our numebrs and the bank.

5 0
3 years ago
If you put up $43,000 today in exchange for a 6.25 percent, 15-year annuity, what will the annual cash flow be?
AysviL [449]

Answer:

The annual cash flow will be $4,500.

Explanation:

Use following formula to calculate Annual Cash flow from Annuity.

Present value of annuity = annual cash flow ( 1 - ( 1 / ( 1 + rate of interest )^time period ) ) / rate of interest

PVA = C ( 1 - ( 1 / ( 1 + r )^t ) ) / r

$43,000 = C ( 1 - ( 1 / ( 1 + 0.0625)^15 ) ) / 0.0625

$43,000 = C x 9.5555

C = $43,000 / 9.5555

C = $4,500

So, the annual cash flow will be $4,500.

5 0
2 years ago
Tangible and intangible benefits are defined as: a. None of these choices b. Tangible costs (benefits) can be reasonably quantif
Nata [24]

Answer: All of these choices are correct.

Explanation:

Tangible benefits are benefits that can easily be measured by an individual such as: cash and property while Intangible benefits are those benefits that can't easily be measured in units such as: security, experience, satisfaction.

4 0
3 years ago
Yowell Company began operations on January 1, Year 1. During Year 1, the company engaged in the following cash transactions: 1)
Verizon [17]

Answer:

$11,000

Explanation:

Data provided as per the requirement of net income for year 1 is here below:-

Provided consulting services = $50,000

Paid rent expense = $12,000

Paid employees salaries = $27,000

The computation of net income for Year 1 is shown below:-

Net income for Year 1 = Service revenue - Rent expense - Salary expenses

= $50,000 - $12,000 - $27,000

= $11,000

Therefore for computing the Net income for Year 1 we simply applied the above formula.

8 0
3 years ago
True or False: Stress is always present.
DIA [1.3K]
I would say false. Stress isn't always 100% there, but I'll not sugarcoat it: There is a LOT of stress when it comes to running a business, especially a small one. I would know, because my mother runs one, and she is almost constantly stressed out. Let it be deadlines, or taxes, or her employee didn't come in that morning, there is much stress. But again- it's NOT always there. It's extremely rare, but sometimes you are actually stress free. 

I hope this helped! Please take the time to rate, pick the Brainliest answer (not necessarily mine!), and thank me if you feel I helped with this question! Thank you, it helps me a lot. :) 
4 0
3 years ago
Read 2 more answers
Other questions:
  • Deere company holds a​ $10,000 note receivable dated july​ 1, 2015, with​ 10% interest. what adjusting entry is needed on decemb
    15·1 answer
  • Why is the feedback loop important? Multiple Choice It looks at what is working and what could be different to maximize efficien
    13·1 answer
  • Tom lives in an apartment where he pays $8,000 a year in rent. Sarah lives in a house that could be rented for $10,000 a year. H
    5·1 answer
  • A stock is expected to pay $ 1.10 per share every year indefinitely and the equity cost of capital for the company is 8.4​%. Wha
    13·1 answer
  • During March, the production department of a process operations system completed and transferred to finished goods 20,000 units
    5·1 answer
  • __________ begins with new-product purchases first by innovators and then by early adopters.
    9·1 answer
  • Which statement is true about an original fashion and its knockoff? A. The knockoff will be more expensive than the original. B.
    14·1 answer
  • "The degree of financial leverage is the ratio of​" ________ to percentage change in EBIT. A. operating profit B. percentage cha
    10·2 answers
  • The top salary you can make.
    14·1 answer
  • Have you ever witnessed fan misbehavior? describe the experience and how it impacted the value you received from the experience.
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!