In what way do current assets and fixed assets differ from each other?

Q: What is the formula for the NET FIXED ASSET if it is not given in the financial statement?

A: The net value of a company's fixed assets is measured using net fixed assets. In a nutshell, net…

Q: Is long term investment is classified as non-current assets?

A: Generally, the liquidity of the assets plays a significant role in determining whether they are…

Q: Describe term net asset value (NAV)?

A: Net asset value (NAV): It describes an entity's net worth, which is measured as the complete value…

Q: What is the Total noncurrent assets?

A: Required  What is the Total noncurrent assets

Q: What is nonoperating current assets?

A: Non-operating current asset: It could be a type of current resources or assets that are not basic to…

Q: What is the classification of long term assets? Explain them.

A: Long-term assets: Long – term assets are those assets that are generally held by a company for more…

Q: What are the characteristics of a liquid asset? Give examples of some liquid assets.

A: A liquid asset resource is considered as something that an individual own can rapidly and easily be…

Q: Which assets are included in the definition of current assets?

A: Current asset refers to the asset which can be easily converted to cash with a year. Current assets…

Q: How do you calculate book value as it relates to fixed assets?

A: Book Value is the cost of carrying an asset on a company's balance sheet.

Q: How can we determine the Acquisition of Fixed Assets?

A: Fixed Assets- Fixed Assets are those assets which are acquired for the purpose of: production or…

Q: What is return on assets(roa)?

A: In general terms, ROA is similar to  Return on Investment.

Q: Define the term nonmonetary assets.

A: Assets: These are the resources owned and controlled by business and used to produce benefits for…

Q: n what way do assets differ from liabilities?

A: Solution: Asset is a resource owned by the business having some economic value with expectation of…

Q: What are those short-lived assets?

A: Short Lived Asset A short lived asset is an asset that's to be sold , converted to money, or…

Q: What is non current assets ?

A: Current assets means those assets which will be converted in to cash in near future generally one…

Q: what is return on assets?

A: Return on Assets (ROA):- It is an indicator of how profitable a company is relative to its total…

Q: Define Long term assets and Short term assets? What are the differences between the two?

A: Long-term assets:Long-term assets are non-current assets that can benefit for several years.…

Q: What is nonoperating assets?

A: Non-operating assets are the assets that are not required or in use for normal business activity.…

Q: why we need to know the difference between fixed and current assets?

A: Solution:- Fixed assets :- The term fixed asset refers to a long-term tangible piece of property or…

Q: What are Fixed assets?

A: The assets are classified as current assets and fixed assets. The current assets are the assets…

Q: How do you find uncorrelated assets?

A: Uncorrelated or non- correlated assets: These are those assets that are not correlated with each…

Q: Describe how the value of any asset is determined.

A: An asset can be any tangible or intangible asset that can be owned by a business or individual to…

Q: What are the advantages of matching the maturities of assets and liabilities? What are the…

A: Matching the maturities of assets and liabilities refers to matching the similar category of assets…

Q: what is the group or composite life of the assets?

A: 1. Composite rate = ( Total Depreciation per year / Total Cost ) x 100 2. Composite life = Total…

Q: How is the Asset Turnover calculated?

A:

Q: How do fixed asset systems differ from purchases systems?

A: Definition: Purchase system: The identification and procurement of the inventory needs for the…

Q: What is the difference between a current asset and a fixed asset?

A: Financial Accounting:   It refers to the process of recording the financial transactions of the…

Q: Discuss the nature of acquiring fixed assets?

A: Fixed assets are one of the major investments of a company and this covers the huge part of the…

Q: Which assets are classified as current assets?

A: Definition:     Current assets: The assets which could be converted into cash within one year like…

Q: how the returns on assets co-move?

A: Convergence means the movement of price of future contract towards spot price. The two price must…

Q: What is Total assets ?

A: Assets are all kinds of resources owned by a person, company, or organization that help to generate…

Q: assets are usually valued under which basis

A: All business concerns need resources , which are called assets. These are initially provided by…

Q: Which one of the following is a current asset?

A: Current assets are all the assets of a company that are expected to be sold or used as a result of…

Q: how would make the non-performing assets into a performing one.

A: The concept of non-performing assets (NPA) is widely used in the management of financial assets in…

Q: t is Asset-Accumulation

A: While the asset accumulation method maintains the familiar balance sheet structure, the business…

Q: What are two advantages to basing the valuation of assets and liabilities on their historical cost?

A:

Q: What is a current asset?

A: Assets: These are the resources owned and controlled by business and used to produce benefits for…

Q: Describe the terms of Contingent Assets with examples.

A: Contingent Asset are the assets which have not yet been realized, but they may realize upon…