Another term used for a financial asset is ________. a. debt financing b. equity financing c. financial system d. financial instrument
Q: Which statement of financial position accounts are most affected by financing activities? a.…
A: Changes in non current assets are reflected in cash flow from investing activities Changes in non…
Q: Financing activities involve O acquiring long-lived assets. O lending money. O acquiring…
A: Financing activities transactions like borrowing, issue of stock, issue of bonds, the redemption of…
Q: The following are the typical classifications used in a statement of financial position : a.…
A: Balance sheet is a basic financial statement of a company which represents all the assets,…
Q: which of the anwsers are operating activities, financing activities, and investing activites for the…
A: In the cash flow statement there are main three segment are there. The details are given below…
Q: Which statement is incorrect regarding presentation and disclosure of financial assets? a.…
A: Solution: The incorrect statement regarding presentation and disclosure of financial assets " The…
Q: Which of the following should be classified as financial instrument? Inventories C. Patents B.…
A: IAS 32 defines financial instrument as a " contract that gives rise to a financial asset of one…
Q: Cash flows relating to asset held for rental to others are classified as A. Operating B. Financing…
A: The cash flow statement records the cash transactions such as operating activities, investing…
Q: The flow of money or its equivalent produced by an asset dividends and interest a. investment b.…
A: An investment is defined as an asset or invested, which used in building the wealth as well as…
Q: Identify and fully explain any FOUR qualitative characteristics of useful financial information.
A: Lets understand the basics. Financial information means a information which is denominated in the…
Q: Define receivables & explain its the classification in the statement of financial position
A: Current asset: It can be defined as an asset that is having the potential to be converted into money…
Q: ) Explain liquid asset management as it relates to a financial institu
A: As per company policy, it s only possible to solve the first part.
Q: Which of the following is an External sources of finance? a. Depreciation funds b. Retained…
A: Two sources of finance Internal and external
Q: Interest payable is shown on the? A)income statement B)balance sheet as a long term liability…
A: Introduction: Income statement: All revenues and expenses are shown in income statement. It tells…
Q: (a)Explain, using practical example the effect of accruals figures on the preparation of a…
A: "Since you have asked multiple question, we will solve the first question for you. If you want any…
Q: What is a primary objective of financial reporting? A. To provide useful information to investors,…
A: Financial reports are the statements prepared by the entity to show the correct financial position…
Q: The primary objective of financial management Can be in the form of a. Maximise the entity’s asset…
A: Financial management means management of funds or finance in the business. It is about making future…
Q: Fixed assets are reported on the balance sheet at their "net book values." Do these amounts…
A: As a normal practice assuming going concern approach, the company records it assets at book value or…
Q: Provide a real-life example of a long-term external source of finance (debt or equity issue). a)…
A: Answer: Part (a): Usually, the external source of funding is obtained from an outside of an…
Q: What accounts in the statement of financial position are taken into consideration to calculate the…
A: The interest and other charges incurred by the Company while borrowing cash are referred to as the…
Q: Which of the following is considered to be a spontaneous source of financing? Select one: a.…
A: Sources of finance involves equity debt, preferred shares, loans and other avenues. It is referred…
Q: The debt ratio is calculated by dividing total assets by total liabilities Group of answer choices…
A: The correct option with proper explanation are as follows
Q: Financing activities include a. lending money b. acquiring investments c. issuing debt d.…
A: Option (c) issuing debt
Q: On a company's financial statements, do you have to list/note if an asset is being used as…
A: Disclosures are additional information which are meaningful and important for the stakeholders to…
Q: Outline the recognition criteria for the following elements of financial statements:
A: Assets are measured by accumulation of equity and liabilities. Some eg are, land, property, cash…
Q: Explain the accounting equation while considering the relationship between asset, liabilities and…
A: Accounting equation of accounting says that after every business transaction total of assets should…
Q: Explain liquid asset management as it relates to a financial institution
A: A liquid asset is an asset which can be converted into cash and marketable securities easily.…
Q: What is a financial assets held for trading?It is measurement still applicable? explain
A: Meaning of Financial assets held for trading: A financial asset is held for trading if the entity…
Q: Financial Asset at Fair Value under OCI would have its gain or loss reported at what Financial…
A: Gain or loss on Financial Asset at Fair Value under OCI will be shown as other comprehensive income…
Q: As a Finance Manager of the company you are required to: Requirement : 1 Calculate the following…
A: *As per Bartleby guideline, if questions are interlinked then answer first three only. Fixed asset…
Q: Accrued interest income" would normally appear in the financial statement under A. Current assets…
A: Financial statements: These refer to the formal or official records of the activities of the…
Q: The monetary value of the net assets is reported at its historical cost on the balance sheet? a.…
A: Physical capital is represented by the capital utilized for acquiring tangible fixed assets or…
Q: a) Calculate the equity (total asset – total liability) to asset ratio of the bank (Hint: equity to…
A: a. Computation of the equity to asset ratio of the bank: Excel computations: Worksheet…
Q: a)What is the basic principle in determining the price of a financial asset? b)Why is it difficult…
A: Financial assets include cash, securities, shares, mutual funds, and bank deposits. Financial assets…
Q: The element of financial performance is a) © Accounts payable. b)© Capital. © Sales revenue. d) @…
A: Financial performance is a measure of how well a particular company is performing during a…
Q: Determining the source of finance comes under ____________________function. a. Investment Decision…
A: Liquidity management helps in estimating the revenue and costs in operating activities. Thus…
Q: Which of the following in accounts would be classified as current assets on the balance sheet? a.…
A: Assets Resources that a company owns and these resources can provide some future benefits to the…
Q: ratios compare current assets to current liabilities to indicate the speed with which a company can…
A: Current assets are those assets which is converted in to cash with in 12 months and current…
Q: Realized gains and losses on investments available for sale are reported a. as a current asset b.…
A: Realized gains and losses on investments available for sale are reported on the income statement…
Q: Which of the following statements are true regarding financial instruments? (i) Financial…
A: A primary instrument is a financial asset whose price is determined solely by its market value.…
Q: Which of the following is the correct statement about Finance? O a. It includes all business…
A: Finance: Finance is about managing money. It includes activities related to banking, capital market,…
Q: What is the gross fixed asset What is the net fixed asset What is the total asset What is the notes…
A: Cost of Goods Sold = Sales x (1 - Gross Profit Margin) Inventory = Cost of Goods Sold / Inventory…
Q: A capital expenditurea. adds to an asset.b. is expensed immediately.c. is a credit like capital…
A: Expenditure: It refers to the aggregated amount that is spent by a business during an accounting pe
Q: or each of the following statements of financial position items. use the letters above to indicate…
A: Balance sheet: Balance Sheet is one of the financial statements that summarize the assets, the…
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- Match the following words with the six C's of credit: character, collateral, capacity, capital, circumstances, and coverage. * Business environment * Security * Insurance * Equity versus debt * Cash flow * TrustExplain an example of objective of financial reporting.Describe some financial instruments
- Which statement of financial position accounts are most affected by financing activities? a. Non-current assets b. Non-current liabilities and shareholders' equity c. Current liabilities d. Current assetsInvestments in debt instruments are financial assets because they are A. Equity instruments of another entity. B. All of these. C. Contractual rights to receive cash or another financial asset from another entity. D. Cash equivalents.compare financial assets and marketable investments
- Distinguish between financial liabilities and non-financial liabilities.What are the essential characteristics of liabilities for purposes of financial reporting?How does the cost of equity based on internal funds differ from the cost of equity based on external funds? Explain. What are the methods involved in dealing with the calculation cost of debt?