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erma4kov [3.2K]
2 years ago
14

What is cash equivalent????​

Business
2 answers:
Ksenya-84 [330]2 years ago
7 0

Answer:

Cash equivalents are the total value of cash on hand that includes items that are similar to cash; cash and cash equivalents must be current assets.

Explanation:

brainlist please

aleksandr82 [10.1K]2 years ago
5 0

Answer:

<em>cash equivalent </em><em>as </em><em><u>short-term and highly liquid investment that are readily convertible into cash</u></em><em> </em><em>and </em><em>so </em><em>near </em><em>their </em><em>maturity</em><em> </em><em>that </em><em>they </em><em>present</em><em> </em><em>insignificant</em><em> </em><em>risk </em><em>of </em><em>changes </em><em>in </em><em>value </em><em>because</em><em> </em><em>of </em><em>the </em><em>changes </em><em>in </em><em>interest</em><em> </em><em>rates.</em>

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Answer:

The net income will decrease and also the total assets will also decrease

Explanation:

Here, we want to know the combined effect on net income and total assets of company that made a decision of distributing assets as a property dividend.

As the asset value is down the entry is asset (credit) and loss on asset (debit)

This will effect the net income as it will come down and total assets value also come down

7 0
3 years ago
Discount-Mart issues $10 million in bonds on January 1, 2012. The bonds have a ten-year term and pay interest semiannually on Ju
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Answer:

B. $600,000

Explanation:

The computation of the interest expense on the bond for the year 2012 is shown below:

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For computing the interest expense for the year 2012, we added the interest expense of June 30 and for December 31 of 2012 only so that the correct amount could come

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3 years ago
When Patey Pontoons issued 6% bonds on January 1, 2018, with a face amount of $600,000, the market yield for bonds of similar ri
miskamm [114]

Answer:

Follows are the solution to this question:

Explanation:

Some of the missing data is defined in the attached file, please find it.

Bond problem rates  

Diagram values are based on the following:

N = 4\times 2 \\\\

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i = 10.00 \% \times  \frac{1}{2} \\\\

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\left\begin{array}{ccc} Cash \ Flow&\ \ \ \ \ \ \ Table \ Value  \times  Amount& \ \ \ \ \ \ \ \ =  Present \ Value\\ Principal  &0.676839 \times  \$ 600,000&    =\$ 406,104 \\ Semi-annual \ interest& 6.463213  \times \$ 18,000 &   =\$ 116,337\end{array}\right \\

Bond issuance price                                                                    

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please find the attachment.

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3 years ago
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Most likely true! Economics is the knowledge/ study of how society functions!
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