Ask Question
BusinessBusiness
27 July, 04:21

The ability of a business to pay obligations that are expected to become due within the next year or operating cycle is

+1
Answers (1)
  1. 27 July, 04:42
    0
    Answer: liquidity of the business

    Explanation: Financial liquidity relates to how simple it is to turn assets into money. Properties such as equities and bonds are rather liquid because within days it can be turned into currency.

    Nonetheless, it is not as easy to convert substantial assets such as land, plant, and equipment into currency. Money is a liquid commodity. Nevertheless, some assets like equities and bonds are quickly converted into cash.

    Although stocks and bonds can be converted to currency incredibly easily, they are sometimes linked to as liquid assets.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “The ability of a business to pay obligations that are expected to become due within the next year or operating cycle is ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Assume that on December 1, 2015, your company borrowed $36,000, a portion of which is to be repaid each year on November 30.
Answers (1)
In the long run, a representative firm in a monopolistically competitive industry will end up multiple choice having an elasticity of demand that will be less than it was in the short run.
Answers (1)
Which of the following would NOT be considered a characteristic of a developed nation? A. high per capita GDP B. high consumer spending C. high industrialization D. high unemployment
Answers (1)
Advertisements for high-style clothing and cosmetics usually promise that their products will enhance the consumer's exclusive or distinctive character and set him or her apart from others. This is an appeal to which American core value?
Answers (1)
For the year ending December 31, Orion, Inc. mistakenly omitted adjusting entries for $1,500 of supplies that were used, (2) unearned revenue of $4,200 that was earned, and (3) insurance of $5,000 that expired.
Answers (1)
New Questions in Business
On January 2, year 2, Air, Inc. agreed to pay its former president $300,000 under a deferred compensation arrangement. Air should have recorded this expense in year 1 but did not do so.
Answers (1)
A home improvement firm has quoted a price of? $9,800 to fix up? eric's backyard. five years? ago, eric put? $7,500 into a home improvement account that has earned an average of? 5.25% per year.
Answers (1)
A budget surplus a. exists when government spending is greater than tax revenues. b. causes government debt to increase. c. occurs when the government has debt equal to zero. d. reduces the government's debt.
Answers (1)
Monique was looking for a venue for her wedding reception. When she visited one potential location, she noticed that the landscaping was not complete, and there was stained carpet in the lobby.
Answers (1)
A monthly fixed rate mortgage payment--- A. could change. B. never changes. C. increases annually. D. decreases annually.
Answers (1)
Home » Business » The ability of a business to pay obligations that are expected to become due within the next year or operating cycle is
Sign Up Forgot Password?