An asset that can be quickly converted into cash without significant loss in value is referred to as being:
Answer- An asset that can be quickly converted into cash without significant loss in value is referred to as being= Liquid.
Explanation- Liquid assets are those assets which can be quickly converted into cash without any significant loss in value of such asset.
An asset that can be quickly converted into cash without significant loss in value is referred...
A liquid asset can be converted to cash quickly without significantly impacting the asset's value. Which of the following asset classes is generally considered to be the most liquid? Cash Accounts receivable Inventories The most recent data from the annual balance sheets of N&B Equipment Company and Jing Foodstuffs Corporation are as follows: N&B Equipment Company's current ratio is _______ , and its quick ratio is _______ ; Jing Foodstuffs Corporation's current ratio is_______ , and its quick ratio is _______ . Note: Round your values...
10. Match the following definitions: (l)The ability to convert an asset into cash quickly without a significant loss of its value. ry Raw materials, work in progress, and finished goods held by the firm for eventual sale. QExpenses that have been incurred but neither the related invoice received nor paid. (G)A noncash expense to allocate the cost of depreciable assets, such as plant and equipment, over the life of the asset. Money owed to suppliers for goods or services purchased...
Aspartate can be converted to oxaloacetate in a reaction catalyzed by enzymes commonly referred to as transaminases. How many ATPs would be generated from the complete oxidation of aspartate? (Ignore the energy involve in nitrogen oxidation).
Primary reserves are assets which can be quickly and easily sold and converted into primary reserves. True False
A liquid asset can be converted to cash quickly without significantly impacting the asset’s value.Which of the following asset classes is generally considered to be the most liquid?CashAccounts receivableInventories
Is an asset that can be sold quickly at a price that is 20% below its fair market value marketable? Is it liquid? Explain your answer. (Maximum 3 sentences, maximum 100 words.)
An event-driven software program without a technical interface can be referred to as a _________________________.
Computing Depreciation, Asset Book Value, and Gain or Loss on Asset Sale Palepu Company owns and operates a delivery van that originally cost $27,200. Straight-line depreciation on the van has been recorded for three years, with a $2,000 expected salvage value at the end of its estimated six-year useful life. Depreciation was last recorded at the end of the third year, at which time Palepu disposes of this van. a. Compute the net book value of the van on the...
What does it mean when you say current assets are liquid so they can be converted to cash quickly. For example with marketable securities how can a treasury bond be converted to cash fast?
Liquidity can be best referred to as the ability of the firm to Multiple Choice purchase capital assets. convert current assets into cash quickly have a low leverage ratio have a high capital adequacy