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Which term means the ability to turn assets into cash quickly or having access to credit?
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∙ 12y ago
Liquidity
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∙ 12y ago
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What term means the ability to turn assets into cash quickly or having access to credit?
liquidity
What are the Dangers of holding inadequate working capital?
ask Northern Rock bank!If you dont have enough liquid assets then you pay for things on credit to the value of the company.If the creditor calls in your debt then you would be forced to raise the cash quickly or sell assets
A credit may signify what?
Decrease in assets
A credit signifies a decrease in?
a decrease in assets
Can credit cards be garnished?
Credit cards are not assets, there's nothing to garnish from them.
What term means the ability to turn assets into cash quickly or having access to credit?
liquidity
Which of these terms the ability to turn assets into quickly or having access to credit?
Nepal is the rich country all around the world.
How does Credit affects assets?
Credit has no impact on one's assets.
Where do you record credit purchases of fixed assets?
in fix assets
Is a credit a decrease in assets retained earnings revenue liabilities?
Credit causes the decrease in assets only because assets has debit balance as a normal balance while all other items has credit balance and credit causes the increase in them.
Intangible asset increases by credit?
Intangible assets are assets like other assets and have debit balance so these are also increased by debit only and reduce by credit.
What means financial depth?
Having financiial depth is having access to monies whether it is cash or assets or both it can be in forms of bonds mustal funds or even haveing the credit to access large sums of monies normally meaning a person is wealthy or has the ability to create weath through his business or assets Having all of the above would be being diversified but haveing large sums of any woould be depth. the key being large sums.
What are the 3c's of credit?
The 3 C's of credit are character (credit history and reputation), capacity (financial ability to repay debt), and collateral (assets that can be used to secure a loan). Lenders use these factors to evaluate a borrower's creditworthiness when deciding whether to approve a loan.
Can you get a credit card if your an athlete?
Your occupation is irrelevant. It's your credit rating and ability to pay back the debt that matters. Nobody is going to give you credit unless you have some means of paying it back -- even if it means losing your house. It doesn't matter if you're an athlete or an astronaut. If you have assets, you can get credit.
What are the Dangers of holding inadequate working capital?
ask Northern Rock bank!If you dont have enough liquid assets then you pay for things on credit to the value of the company.If the creditor calls in your debt then you would be forced to raise the cash quickly or sell assets
A credit may signify what?
Decrease in assets
A credit may signify...?
Decrease in assets
