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What else can I help you with?
What is meaning of assets?
Anything owned by someone or something that has monetary value in a capitalist system.
How does one define intangible assets?
One may define intangible assets as meaning an asset that is not physical in nature or not monetary. An example of such an asset would be intellectual property.
Are Advances paid for services non-monetary assets?
No, non-monetary assets are assets that have no set value, but their value depends on economic conditions. Advances paid for a service is actually a liability until that service is fully provided. If a customer pays in advance for a service you intend to provide them at a later date, until that service is provided you are liable for either providing the service or refunding the money, once the service is complete the money is then considered "earned" revenue.
What are lifestyle assets?
Lifestyle assets are luxury items or pleasure investments such as art work, yachts, jets or things like a second home, property or timeshare. Anything worth monetary value purchased for pleasure or prestige
Is prepaid deposit intangible?
No, Intangible Assets generally refer to such assets that are not physical. A prepaid deposit will be considered a Current Asset, usually lasting a year or less.Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured, which are created through time and/or effort and that are identifiable as a separate asset. These include such things as Patents, Trademarks, Goodwill, Copyrights.
What is monetary gain?
The gain in purchasing power that is derived from holding monetary assets and/or monetary liabilities during a period of changing prices. An increase in prices tends to devalue monetary assets and monetary liabilities. Thus, if a firm's monetary liabilities exceeded its monetary assets, inflation would tend to produce monetary gains.
What are both monetary and non-monetary?
MONETARY ASSETS AND LIABILITIESMonetary assets and liabilities are money or claims to future cash flows that are fixedor determinable in amounts and timing by contract or other arrangement. Examplesinclude cash, accounts and notes receivable in cash and accounts and notes payable incash.NON-MONETARY ASSETS AND LIABILITIESNon-monetary assets and liabilities are assets and liabilities that are not monetary.Inventories, investments in common stock, tangible capital assets and liabilities for rentcollected in advance are examples of non-monetary assets and liabilities.
What are company assets?
A company's assets can be monetary/non-monetary tangible/intangible objects that it has a legal claim to. Assets can be used in the operations of business, to gain future benefits or to decrease your liabilities.
What are money held and assets to be received in fixed or determinable amount of money?
monetary assets
Common characteristic possessed by all assets?
Monetary Value
A monetary asset is defined as an assets that is convertible to what?
it should be in one operating cycle
Are bonds included in M2?
Nope they are only in the broadest measure of monetary assets, M3
What is meaning of assets?
Anything owned by someone or something that has monetary value in a capitalist system.
What has the author Simon Gilchrist written?
Simon Gilchrist has written: 'Expectations, asset prices, and monetary policy' -- subject(s): Assets (Accounting), Econometric models, Prices 'Monetary policy and the financial accelerator in a monetary union'
How does one define intangible assets?
One may define intangible assets as meaning an asset that is not physical in nature or not monetary. An example of such an asset would be intellectual property.
What is capital restructuring?
Capital is generally the assets, often monetary, that are available to generate more assets. Thus the liquidity of capital should be high. Restructuring them means reallocating them to improve their availability (liquidity). The process requires selling assets to buy different ones in order to improve your capital (monetary) position so that you can improve your asset position thus enabling you to earn more with them.
What are the two types of assets that companies own?
There are at least three different ways that assets can be grouped into two separate categories: Current and Non-current (or Long-Term assets): Current assets are cash and items that the company expects to convert into cash during the next accounting period (such as trade accounts receivable.) Non-current assets are those from which future economic benefits are expected flow into the business over the next several accounting periods (e.g., factory and equipment) Tangible and Intangible: Tangible assets can be touched and seen: Cash, factory building, inventories, etc. Intangible assets generally legal rights that cannot be touched: franchise rights, goodwill, patents, and trademark rights are intangible assets. Monetary and non-monetary: Monetary assets are denominated in fixed monetary amounts that will not change over time ($500 cash in a bank account, or a note receivable for $4,000). Non-monetary assets have values that are not fixed in definite dollar amounts (e.g., equity securities owned, or inventories). If management is dishonest in preparing the company's financial statements, there may be a fourth classification of assets, discovered only when the financial statements are audited: Existent and Non-Existent Assets. But a balance sheet containing nonexistent assets will not be signed off on by any public accountant who wants to keep his CPA licence. :) And managers who prepare fraudulent financial statement can serve jail time.
