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What is the ability to be used as or directly converted into cash called?
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Whats the difference between an assets ability to generate revenue and its ability to generate profit?
The difference between an asset's ability to generate revenue and its ability to generate profit is generating revenue refers to the asset producing a cash flow that is linked directly to the asset. If the asset was not there, then no money would be made. Assets that generate profit do not produce cash directly, but influences consumer and competitor behavior with the intention of producing more revenues.
What is current asset?
The current asset is also called the liquid asset, it refers to property that can be easily converted to cash.
What is open cheque?
Open cheque - An open cheque is one that can be taken to the bank that issued the cheque and converted to cash right away. The bank will ask proof of identity from the person cashing it to ensure that they are paying the correct person to whom the cheque was issued to Crossed cheque - A crossed cheque is also called an account payee cheque. This is a cheque that can be cashed only by depositing it into a bank account of the person who received it. It cannot be directly converted to cash.
The ease with which hassets can be converted into cash is called?
no the reeal answer is the time machine that crosses the road will getting missisipi food for its aklaskin dragon..
Cash and cash equivalents will be converted to cash in how many days?
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What is the ability to be used as or directly converted to cash called?
Liquidity
What is the ability to be used as or directly converted to cash?
Liquidity
What asset can be quickly converted to cash without a significant loss in value?
Liquid assets can easily be converted to cash. On a Balance Sheet, they are the items listed directly under Cash. The most liquid might be called Cash Equivalents. One example could be an investment instrument called a repurchase agreement.
Assets which can be quickly converted into cash are called?
liquid
What is the difference between Liquidity and Solvency?
Liquidity is all about cash and assets near to cash (assets that can be easily converted to cash with incurring minimum cost), while Solvency is the ability of a business entity to meets its debts and financial obligations as they mature. In another word, Liquidity is cash on hand and Solvency is ability to pay debts.
Whats the difference between an assets ability to generate revenue and its ability to generate profit?
The difference between an asset's ability to generate revenue and its ability to generate profit is generating revenue refers to the asset producing a cash flow that is linked directly to the asset. If the asset was not there, then no money would be made. Assets that generate profit do not produce cash directly, but influences consumer and competitor behavior with the intention of producing more revenues.
Are the amounts to be paid to suppliers called assets?
Yes. Because they represent value of ownership that can converted into cash.
What do framers do with a cash crop?
The idea of a "cash crop" is that it is converted to cash, i.e., sold.
What is current asset?
The current asset is also called the liquid asset, it refers to property that can be easily converted to cash.
What is the narrowest measure of the money supply developed by the Federal Reserve System in the US?
Called M1. It's the measure of cash and deposits on hand (things that can be quickly converted to cash).
A current asset may be cash or must be capable of being converted into cash with a relatively short period of time usually less than five years?
You have the first part right, current assets is cash or anything that can be converted to cash in a short period of time, however, that is "not" five years, a current asset must have the ability to convert into cash within ONE YEAR or LESS. Anything above one year is a fixed or long-term asset, not a current asset.
What is open cheque?
Open cheque - An open cheque is one that can be taken to the bank that issued the cheque and converted to cash right away. The bank will ask proof of identity from the person cashing it to ensure that they are paying the correct person to whom the cheque was issued to Crossed cheque - A crossed cheque is also called an account payee cheque. This is a cheque that can be cashed only by depositing it into a bank account of the person who received it. It cannot be directly converted to cash.
