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What does an asset management company do?
An asset management company takes care of a customer's financial investments by investing in a variety of securities. They diversify a customer's portfolio according to their personal needs.
Is a bank loan a financial asset?
Bank loan is a liability for business not an asset for business.
Is stock an asset?
Yes, stock is an asset. Stocks are proof of a financial investment in a company, and therefore an asset in relation to accounting.
Is customer goodwill a real or financial asset?
no
What is the difference between an Operating asset and a financial asset?
A financial asset are short term investments in private equity, bonds, hedge funds, and other type of securities. Operating assets are investments that include all internal and external factors within a company. Operating assets hold more value than a financial asset.
Is cash a financial asset or a real asset?
financial-current asset
What does an asset management company do?
An asset management company takes care of a customer's financial investments by investing in a variety of securities. They diversify a customer's portfolio according to their personal needs.
Is cash vault a financial asset or a real asset?
real asset real asset
Is land considered an asset in financial accounting?
Yes, land is considered an asset in financial accounting.
Can a tangible asset be a financial asset?
Ive had a similar question like this in a finance exam. Apparently its wrong to say that all financial assets are intangible (i.e. yes, a financial asset can be a tangible asset). Example: Cash
What does the U stand for in abbreviation IOU?
The abbreviation IOU stands for I owe you. This could be a monetary or non-monetary debt owed by a person. The IOU could have the creditor mentioned and the financial amount or item that is owed.
Is goodwill a financial asset?
According to the FASB, goodwill is defined as an asset.
Is college education a real or financial asset?
Financial
What is asset impairment?
Asset impairment is a financial term. When the projected worth of the asset is less than its current worth, the asset is considered to be impaired.
What does IOU stand for in economics and how does it impact financial transactions?
IOU stands for "I Owe You" in economics. It is a written acknowledgment of a debt owed by one party to another. IOUs impact financial transactions by creating a legal obligation for the debtor to repay the creditor at a later date, influencing the flow of funds and credit in the economy.
Is a bank loan a financial asset?
Bank loan is a liability for business not an asset for business.
Is stock an asset?
Yes, stock is an asset. Stocks are proof of a financial investment in a company, and therefore an asset in relation to accounting.
