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
Mussatto Corporation produces snowboards. The following per unit cost information is available: direct materials $15, direct labor $9, variable manufacturing overhead $10, fixed manufacturing overhead $12, variable selling and administrative
Answers (1)
John is the sole proprietor of a furniture manufacturing business. His 18 year-old daughter Jane is an employee of the business and works alongside John in making the furniture. Jane earns $40.00 per hour. She works 40 hours per pay period.
Answers (1)
Scenario 2.02B Jackson Company has Sales of $7,500 The company has the following expenses: Advertising Expense - $1,300 Insurance Expense - $850 Rent Expense - $900 Supplies Expense - $250 Utility Expense - $125 In Scenario 2.
Answers (1)
On january 1, 2012, water world issues $25 million of 6% bonds, due in 20 years, with interest payable semiannually on june 30 and december 31 each year.
Answers (1)
Randi qualifies for a home deduction. The amount of space devoted to business use is 400 square feet of the total 2,000 square feet of her home. Randi's mortgage interest and property taxes in total are $1,600.
Answers (1)
New Questions in Business
According to computer estimates using a traditional macroeconomic model, the Obama administration found that the multiplier for tax cuts and government expenditures were respectively a ...99 and 1.59. b. 1.59 and. 99 c. 1.3 and 1.7
Answers (1)
Aaron has recently started working at a credit union. Which motive might have prompted Aaron to join the credit union? A. to earn profit B. to sell the organization's stocks in the financial market C.
Answers (1)
The Ethics Review Board at XYZ College is composed of students who were elected by the student body. When a student is charged with an ethics violation, the Board meets to hear both sides of the dispute in a confidential meeting.
Answers (1)
You buy a house for $220,000 in a neighborhood where home prices have risen 5% annually on average. You suspect that growth in home prices will slow to an average of 3.5% per year over the next five years. If your growth estimate of 3.
Answers (1)
Sam's business will cost $49,500 to set up and run for the first year. Sam then expects an annual operational expense total of $30,500.
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?