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Related Questions
Is return inward a current liability?
Yes
Is return outward a current asset?
yes
When outward current and inward current are equal?
A: The answer is always. What goes out of a source of power the same power will return
What if return on capital employed is negative and current asset is positive?
Kan plan
Is gold is fixed asset or current asset?
Current asset
Is return inward a liability?
yes return inward is a liability..therefore must be credited
Is cafe a current asset or fixed asset?
Current asset.
Is prepaid insurance a current asset or fixed asset?
Current Asset
Is money lent by a bank a current asset or non current asset?
non current asset
Is a security deposit a current asset or current liability?
Current Asset
Both return on asset and return on equity measure profitability which one is more useful for comparing two companies why?
Return on asset= profit margin × asset turnover Return on equity= return on asset × equity multiplier so, return on equity is more comprehensive
Is premises a current asset or non current asset?
non-current assets.
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