Current assets that fluctuate with the firm’s operations are called Permanent Current Assets true or false Current Asset Less Non-interest-bearing current liabilities will result to Net operating working capital true or false
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Current assets that fluctuate with the firm’s operations are called Permanent Current Assets
true or false
Current Asset Less Non-interest-bearing current liabilities will result to Net operating
true or false
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- QUESTION 1 Which of the following events will NOT increase the demand for assets? A. Decline in wealth B. Increase in the asset return relative to other assets C. Increase in asset liquidity D. Decrease in the asset riskiness relative to other assetsWhich of the following is correct about "Cost", "Expense", and "Loss" concepts? Select one: a. Expense is defined as reduction in firm's equity, other than from withdrawals of capital for which no compensating value has been received. b. Cost is the total of expense and loss. c. Expense is defined as an expired cost resulting from a productive usage of an asset. d. Loss is defined as an expired cost resulting from a productive usage of a non-current asset.. These are decreases in economic benefits during the accounting period in the form of outflows or depletions of assets or incurrences of liabilities that result in decreases in equity, other than those relating to distributions to equity participants. a. Liabilities b. Expense c. Loss d. Cost
- A primary strength of the net present value method for analyzing investments is that it accounts for the amount and timing of earnings for that investment. A. True B. FalseTrue (t) or False (f) _____ A company whose current liabilities exceed its current assets may have a liquidity problemThe negative working capital occurs when the اخترأحد الخيارات a. None of the options b. Current equity exceed current assets c. Current assets exceed current equity d. Current liabilities exceed current assets e. Current assets exceed current liabilities
- Working capital is needed for the following purpose: O a. Payment of long term liabilities O b. Payment of wages and salaries O c. None of these O d. Purchase of fixed assetsWhen an intangible asset is amortized: OA. stockholders' equity decreases. OB. net assets decrease. C. net income decreases. D. all of the above are correct.Why does an increase in the ratio of current assets to total assets decrease both profits and risk as measured by net working capital? How does changes in the ratio of current liabilities to total assets affect profitability and risk?
- Under IFRS, a company: a. should evaluate only equity investments for impairment. b. accounts for an impairment as an unrealized loss, and includes it as a part of other comprehensive income and as a component of other accumulated comprehensive income until realized. c. calculates the impairment loss on debt investments as the difference between the carrying amount plus accrued interest and the expected future cash flows discounted at the investment's historical effective-interest rate. d. All of the above.The excess of current assets over the current liabilities is called: a. Capital employed b. Gross working capital O C. None of these O d. Net working capitalSelect contra accounts (e.g., contra-assets, contra-liabilities, contra-equity accounts). Select all that apply. O Amortization Expense O Accumulated Amortization O Bad debt expense O Treasury Stock O Depreciation Expense O Accumulated Depreciation O Additional Paid-In Capital O Allowance for Doubtful Account O Common Stock
