Answer:
C. Money in the bank
Explanation:
A "liquid asset" is related to an <em>asset</em> that can be quickly turned into cash. Among the choices above, it is only<em> "money in the bank"</em> that is readily available in cash. Inventory, real estate and a piece of equipment may only be converted to cash<em> if they're sold to other people in exchange of cash.</em> Sometimes, it takes a long time to sell these items and with that being said, they're not readily available.
The answer is a.True
The cost of the fixed asset is already excluded from the net income. In this case, the rate of return can be computed by the total net income divided by the cost of the fixed asset. So that would be $200,000/$400,000. The rate of return would be 50%
Answer:
no
Explanation:
the airport would be liable because the fire truck blowing a tire and hitting the pole was the direct cause. not the failure of the landing gear
Answer:
nope but thanks for asking
Explanation: