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Blababa [14]
2 years ago
6

Different between fixed assets and current assets​

Business
1 answer:
Colt1911 [192]2 years ago
4 0

Answer: it is great

Explanation:

You might be interested in
The price of gold is currently $1,400 per ounce. The forward price for delivery in one year is$1,500. An arbitrageur can borrow
Rashid [163]

Answer:

The arbitrageur should borrow money at 4% per annum since it is cheaper than paying the forward price for delivery

Explanation:

Current price of gold=$1,400 per ounce

Forward price=$1,500

The arbitrageur can either pay the forward price or borrow $1400 and pay the interest of 4% in a year. Consider option 1 paying the forward price of 1500

Option 1

Since there are no additional costs, the total cost for buying the gold=forward price=$1,500

Option 2

If the arbitrageur borrows the 1400 to pay for the gold now, then pay the interest in 1 year;

The total cost=Amount borrowed+interest accrued in 1 year

Total cost=1400+(4%×1400)

1400+((4/100)×1400)

1400+56=$1456

Since there are no additional costs, option 2=$1456

If we compare option 1 to option 2, we notice that option 2 is slightly cheaper than option 1 by $44

(Option 1-Option 2)=(1500-1456)=$44

The arbitrageur should borrow money at 4% per annum since it is cheaper than paying the forward price for delivery

8 0
3 years ago
The cash remaining after a firm has met its operating expenses, payments to creditors, and taxes is called
RoseWind [281]

Answer:

residual cash flow

Explanation:

According to my research on financial terminology, I can say that based on the information provided within the question the remaining cash is called residual cash flow. Like described in the question this term is formally defined as the income that an organization has after all debts and expenses have been officially paid.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

5 0
3 years ago
Elian's credit card had a balance of $132.20 on April 1. On April 5, he charged $74.50. On April 18, he made a payment of $52.
djverab [1.8K]

Answer:

$173.45

Explanation:

    132.20

<u>+    74.50</u>

 206.70

************

  206.70

<u>-    52    </u>

154.70

***********

  154.70

<u>+  18.75</u>

173.45

<u />

5 0
3 years ago
On June 1, 20X1, Conner Company, a new firm, paid $4,300 rent in advance for a five-month period. The $4,300 was debited to the
Gekata [30.6K]

Answer:

No    Account and explanation              Debit      Credit

1.       Rent expense ($4,300/5)               $860

                Prepaid rent                                           $860

        (To record adjusted rent expense)

2.      Supplies expense (7,250-2,950)   $4,300

                Supplies                                                   $4,300

        (To record adjusted supplies)

3.       Depreciation expense                   $460

         [(44,160/8)/12]

                Accumulated depreciation                     $460

         (To record depreciation)

6 0
3 years ago
_____ percent of adults (age 25 to 65) are providing primary financial support for their grown children.
Ann [662]
. Nearly half (47%) of adults in their 40s and 50s have a parent age 65 or older and are either raising a young child or financially supporting a grown child (age 18 or older). And about one-in-seven middle-aged adults (15%) is providing financial support to both an aging parent and a child.

Not sure if this helps any
6 0
3 years ago
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