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erma4kov [3.2K]
3 years ago
14

What is cash equivalent????​

Business
2 answers:
Ksenya-84 [330]3 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]3 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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Consider Boeing (a producer of jet aircraft), General Mills (a producer of breakfast cereals), and Wacky Jack's (which claims to
vivado [14]

Answer:

Option C - The firm, in the long run, is the longest for Boeing because aircraft production requires large, specialized machines and shortest for Wacky Jack's, is the correct answer choice.

Explanation:

Given that Boeing (a producer of jet aircraft), General Mills (a producer of breakfast cereals), and Wacky Jack's (which claims to be the largest U.S. provider of singing telegrams).

The firm, in the long run, is the longest for Boeing because aircraft production requires large, specialized machines and shortest for Wacky Jack's. The reason is that the provision of singing telegrams requires primarily labor.

Therefore, option C is the correct answer choice.

3 0
3 years ago
portfolio beta you have a portfolio with a beta of 2.44. what will be the new portfolio beta if you keep 10 percent of your mone
slamgirl [31]

If you keep 10% of your cash in the previous portfolio and invest 90% in a stock with such a beta of 2.69, the new portfolio's beta will be 2.67.

<h3>Portfolio beta – what is?</h3>

According to the selected stocks betas of the securities that make up a portfolio, portfolio beta describes the relative volatility of a portfolio of individual securities when viewed as a whole.

<h3>What makes a portfolio beta good?</h3>

A gauge for a currency's risk level or volatility in relation to the whole market is its beta value. Therefore, a suitable beta will depend on your objectives and risk tolerance. A beta of 1.0 would've been perfect if you wanted to imitate the larger market within your portfolio, perhaps through an index ETF.

<h3>Briefing:</h3>

New portfolio beta = (0.10 × 2.44) + (0.90× 2.69)

= (0.244 + 2.421)

= 2.67

To know more about portfolio beta visit:

brainly.com/question/15683560

#SPJ4

7 0
1 year ago
Tara wants to attend a four-year college to become a math teacher. Which statements explain the possible differences in total ye
GenaCL600 [577]

Answer:

  • A public in-state college charges less for in-state tuition than for out-of-state tuition.
  • Tara will most likely have to pay room and board expenses at an out-of-state public college, but might be able to commute to a public college in state.

Explanation:

If Tara wants to study out of state she could face higher tuition costs; public universities generally favor their residents with lower tuition costs, contrary to the charge for students who comes from other states.

Also, if she wants to study outside the state, Tara would have to analyze the costs of a residence and food that she will have to cover if she studies outside the state. On the contrary, if she studies in the state she could live with her family and only cover the transportation costs.

<em>I hope this information can help you.</em>

9 0
4 years ago
Read 2 more answers
If a company incorrectly records cash received for services to be provided in the future with a debit to Cash and credit to Sale
choli [55]

Answer:

B. Net income will be too high.

Explanation:

Revenue will be overstated instead of liabilities. overstatement in revenue will lead to the higher net income in current period. On the other hand liabilities are overstated. Entry to cash is accurately done and it will not effect due to this error. So the correct option is B. Net income will be too high.

3 0
3 years ago
On January 1, 2017, Doone Corporation acquired 70 percent of the outstanding voting stock of Rockne Company for $672,000 conside
bogdanovich [222]

Answer:

Question a:

The non-controlling interest of Rockne´s 2018 net income is $111,000.- calculated by taking 30% of Rockne´s net income of $370,000.-  

Question B:

There are 3 entries required to eliminate te sale of goods form rochne to doone.  

The first entry eliminates the sales recorded by rockne against te inventory or cost of goods sold by recorded by doone.  To consider, the 60% of the purchases went trhough cost of good sol d and 40% of the purchases remain in inventory until the following year.  Here is the engru:

Debit/sales/$530

Credit/COGS/ ($318) 60%

Credit inventory ($212) 40%

The next entry has to do with the amount of inventory that remained from the last intercompany transaction.  This is caclulated usin 40% of 2017 sales, which were $430.   So:

Debit inventory $172

Credit Cogs  ($172)

The last part is to eliminate the recievable on the book of rockne when they made te sale

Debit Payable $530

Credit receivable ($530)

6 0
3 years ago
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