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Which asset-liability combination would most likely result in the firm's having the greatest risk of technical insolvency?
Reducing current assets, increasing current liabilities, and reducing long-term debt.
Are accrued taxes current assets or current liabilities?
Of course, it is a liability because the company doesn't own the accrued taxes. It can use the money as long as it doesn't have to pay them. So, it represents quite cheap capital to invest in the short term. But that's also risky if something goes wrong. That said, I would classify it as a current liability because it's likely to have to be paid in less than a year.
Does a decrease in prepaid expenses increase cash flow?
No, it does not. You already paid for it. The cash involved is gone. Whatever was pre-paid has decreased in value as an asset. It's not a liability, equity, revenue, nor an expense. It would have to be an increase in another form of an asset. Accumulated depreciation is likely the asset that would increase.
Why is owner's equity a special liability?
As owners equity is likely to be paid back only at the closure of business entity, this is considered as special liability, the special being " liability to be paid at the end".
A depreciation in the external value of the currency is likely to...?
increase inflation
Which is the likely cause of the current increase in rates of extintion?
The human population
Which is the likely cause of tha current increase is rates of extinction?
AN increase in the human populations
Which asset-liability combination would most likely result in the firm's having the greatest risk of technical insolvency?
Reducing current assets, increasing current liabilities, and reducing long-term debt.
How is transaction cost?
Transaction cost is the price that you have to pay or that you are likely to receive while carrying out an economic exchange.
Is Loans to staff an asset or liability in a business?
most likely a liability- anything you're risking losing is a liability. an assett is something you gain from.
Are accrued taxes current assets or current liabilities?
Of course, it is a liability because the company doesn't own the accrued taxes. It can use the money as long as it doesn't have to pay them. So, it represents quite cheap capital to invest in the short term. But that's also risky if something goes wrong. That said, I would classify it as a current liability because it's likely to have to be paid in less than a year.
Are you likely to get sued if you do not close on a real estate transaction?
Congrats the answer is NO:)
Does a decrease in prepaid expenses increase cash flow?
No, it does not. You already paid for it. The cash involved is gone. Whatever was pre-paid has decreased in value as an asset. It's not a liability, equity, revenue, nor an expense. It would have to be an increase in another form of an asset. Accumulated depreciation is likely the asset that would increase.
When limited liability is easily and cheaply available?
Some have argued that when limited liability is cheaply and easily accessible, it is likely to be abused.
What is effect of voltage and current by changing the length of wire?
By changing the length of wire, say reducing it, the resistance will drop and that will increase current flow but the voltage is less likely to change V=IR.
Why is owner's equity a special liability?
As owners equity is likely to be paid back only at the closure of business entity, this is considered as special liability, the special being " liability to be paid at the end".
Can repossession stop while on unemployment?
No. In fact efforts are likely to increase. That is provided you continue to make no effort to pay, or are unable to bring the account current.
