What are the various types of short term assets? Name them.

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: What is the Total noncurrent assets?

A: Required  What is the Total noncurrent assets

Q: Which of these are long-lived productive assets? (Check all that apply.)

A: A long-lived asset is any asset that a business expects to retain more than one year. In other mean…

Q: Explain rate of return on total assets.

A: Accounting Ratio:   It refers to a number expressed in terms of another to establish relationship…

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: 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: What is return on assets(roa)?

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

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 are the two common categories of long-lived assets? Describe each.

A: Long lived assets are those assets that a business retains for long periods of time for use in the…

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: Another name for a capital expenditure is: O Revenue expenditure O Asset expenditure O Long-term…

A: Capital Expenditure: A payment for goods or services that is reported on the balance sheet rather…

Q: What assets are viewed as current financial resources?

A:

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 costs should be included when measuring the total cost to acquire a long-term asset?

A: Long-term assets: The assets which are used to generate revenue for the business operations for a…

Q: What are the 3 types of Long Term Assets and what makes them long term assets?

A: Long term assets are the assets which are intended to be held for a longer period of time and will…

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

A: Introduction: Balance sheet: All Assets and liabilities are shown in Balance sheet. It tells the net…

Q: What is the relationship of the asset turnover to the return on assets?

A:

Q: What are the various current assets? Name them.

A: Current assets are assets which are expected to be realised or converted to cash within one year…

Q: What is the Total assets?

A: Computation of Adjusted  Assets  Particulars                                                Revised…

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: Under what conditions should investments be classified as current assets? As long-term assets?

A: A current asset is a cash and other assets that are reasonably expected to be converted into cash…

Q: What are those long-lived assets?

A: Long lived assets are those assets that a business retains for long periods of time for use in the…

Q: Define Return on assets.

A: Introduction: Return on Assets : Return on assest is a ratio which defines that how much profit…

Q: Which assets depreciate?

A: Depreciation means the loss in value of assets because of usage of assets , passage of time or…

Q: Define amortization schedule

A: Amortization: Amortization is an accounting method utilized to periodically lesser the book worth of…

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: WHAT IS TOTAL CURRENT ASSETS?

A: The current assets are the assets that can bw converted into cash within one year.

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: What are the various types of long term assets? Name them.

A: Definition: Long-term assets are the assets which are intended to be held for a longer period of…

Q: Classify each of the following costs associated with long-lived assets as one of the following

A: Since you have posted multiple questions, we will solve the first question for you. To get the…

Q: Define how to record capital expenditure.

A: Capital expenditure: It refers to the amount spent on acquiring, maintaining, and improving the…

Q: What is the return on total assets given the figures attached?

A: Return on total assets is the comparison of operational income with that of the total assets. It…

Q: How to calculate the Amortization Expense?

A: Depreciation , amortization , depletion all means the fall in value of assets due to one reason or…

Q: Under what conditions should financing be explicitly considered when estimating the value of a…

A: Before buying a property, estimating its value is necessary. Because only after estimating the value…

Q: Define amortization expense

A: Amortization expenses is a tool or technique that helps to lower the book value of loans and…

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: What is an amortization schedule?

A: Long-Term Notes PayableLong-term notes payable refers to the obligation of the company in the form…

Q: Analyze the disposal of long-lived tangible assets.

A: The long-lived tangible assets are the fixed assets of the company.