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- Note payments reduce cash and are related to long-term debt. Do these facts automatically lead to their inclusion as elements of the financing section of the statement of cash flows? Explain.What is a limitation common to both the current and quick ratio? * Debtors may not pay on time. Inventories may not be truly liquid. Accounts receivable may not be truly liquid. Prepaid expenses are potential sources of cash. Marketable securities are not liquid.Decreasing the amount of liquid assets held for the purpose of meeting loan demands and deposit withdrawals and increasing the usage of deposit and nondeposit sources of funds paying market rates of interest is known as: a. leverage adjustment b. liability management c. liquidity management d. liquidity adjustment
- If the total asset is smaller than total liabilities and equity on the balance sheet, what does that mean ( deficit or surplus)? And if it's a deficit why should I add the AFN amount to cash and cash equivalents not to debt! can you clarify this pleaseGovenments are prevented from barrowing unlimited funds through the enforcement of debt limits. Explain the concept of a debt limit. How is the concept of barrowing power or debt margin connected to debt limits?refers to the possibility that the debtors supported by bank credit are unable or unwilling to repay the debts on time as stipulated in the contract for various reasons, causing losses to the bank. (A) Credit risk (B) Market risk (C) Operational risk (D) Liquidity risk
- Which of the following statements is incorrect? Cash fund that is being held specifically for the retirement of long-term debts not maturing currently should be excluded form current assets and shown as a noncurrent investment Cash and cash equivalents is always presented as the first line item in the statement of financial position Investments that can be liquidated at once and with little risk of loss of principal may be classified as cash equivalent and included in the caption "Cash and Cash equivalents" Cash that is restricted and not available for use within one year from the end of reporting period should be included in noncurrent assetsCredit risk is defined as the inability of _________to meet their debt obligations. For _______the risk includes_____ of principal and interest, cash flow ________, and_________collection costs. Thus, higher credit risk is associated with higher ______ costs.How would the transactions be reconciled if the allowance for bad debt is converted to a bad debt write off but the company is able to recoup the funds?
- Classification of Changes in Short-Term Financing. The statement of cashflows classifies changes in accounts payable as an operating activity but classifies changes in short-term borrowing as a financing activity. Explain this apparent paradox. Please explain without copying from another source.When bonds and other debt securities are issued, payments such as legal costs, printing costs, and underwriting fees, are referred to as debt issuance costs (called transaction costs under IFRS). If Rushing International prepares its financial statements using IFRS: a. the recorded amount of the debt is increased by the transaction costs. b. the decrease in the effective interest rate caused by the transaction costs is reflected in the interest expense. c. the transaction costs are recorded separately as an asset. d. the increase in the effective interest rate caused by the transaction costs is reflected in the interest expense.How does financial crisis affect the overall financial system elaborate withexample? Explain elaborately, no plagiarism.
