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What describes the investing activities as shown in the statement of cash flows?
The Statement of Cash Flows includes three different types of cash flows:Operating,Investing, andFinancingInvesting cash flows involve investments in other companies or investments in long-lived assets. They include:Purchases of long-lived assets;Proceeds from selling long-lived assets;Purchases of investments in other companies; andProceeds from selling investments in other companies.
Is investing activities in the statement of cash flows include acquiring and selling long term assets true or False?
true
Do you have the right to know now where the estate money is being spent?
Once an estate is filed it becomes a public record. The executor must file an inventory of all the assets and at the endof the probate process must file an accounting of any assets that were spent or distributed. You can visit the court and ask to see the file. If a long period of time has passed (over a year) and no account has been filed you can ask the court to compel the executor to file an account if you are an interested party.Once an estate is filed it becomes a public record. The executor must file an inventory of all the assets and at the endof the probate process must file an accounting of any assets that were spent or distributed. You can visit the court and ask to see the file. If a long period of time has passed (over a year) and no account has been filed you can ask the court to compel the executor to file an account if you are an interested party.Once an estate is filed it becomes a public record. The executor must file an inventory of all the assets and at the endof the probate process must file an accounting of any assets that were spent or distributed. You can visit the court and ask to see the file. If a long period of time has passed (over a year) and no account has been filed you can ask the court to compel the executor to file an account if you are an interested party.Once an estate is filed it becomes a public record. The executor must file an inventory of all the assets and at the endof the probate process must file an accounting of any assets that were spent or distributed. You can visit the court and ask to see the file. If a long period of time has passed (over a year) and no account has been filed you can ask the court to compel the executor to file an account if you are an interested party.
Once declared how long is one bankrupt for?
U will remain bankrupt for upto 1 year.
Explain - fixed assets?
fixed assets are long term assets which have long term period
What if you are unemployed that's why you can't pay what do they do with what you still owe have selling your car?
Now that depends on how much or how many assets you have. If you file bankruptcy and depending on the type of bankruptcy you file you can keep your car and different things as long as its not too much. Your allowed to keep your things as long as it doesn't go over your allotted amount. The best thing to do is talk to an attorney most of them will talk to you the first time free and they will let you know what you can keep and what you can't. Hope this helps. D.
How do you know if you have enough debt to file bankruptcy?
You understand being able/need to file bankruptcy is a bad thing...it's not something to strive for? It will effect you in many ways more than the debts you have now, for a long time. One main indicator is not just debts....but assets. Having a lot more debt than assets, more than you can ever hope to pay off, so much that you may drown in them, and assets that you don't mind losing, would indicate bankruptcy is an option. So having say $1,000,000 of debt is unimportant if you have $990,000 of assets....you would go bankrupt over $10,000. Doesn't overcomeable to me. Bad choice. So remember, not only do you get rid of many debts, you will also lose many things of value in bankruptcy. Things that may have even more value to you than the bankruptcy court will grant you for them!
How long do the effects of bookoo last?
Not long enough, as the company went bankrupt in 2008.
Are investments current assets or other assets?
If investments are for short term then these are current assets but if these are for long term then non-current assets.
What are long term assets?
Long term assets are assets that can't be easily converted in to cash like vehicles,equipments and machineries .
Can long term assets become current assets?
yes in the year in which they need to be dissolved in that year those assets can become current assets.
A firms long term assets equals 75000 total assets equals 200000 inventory equals 25000 and current liabilities equals 50000?
Assets: Inventory 25000 Other current assets 100000 Long term assets 75000 Total assets 200000 Liabilities: Current liabilities 50000 Long term liabilities 150000
