Answer:
May list assets and liabilities from least liquid to most liquid.
Explanation:
According to International Financial Reporting Standards IFRS the companies may list their available assets and liabilities in descending order of most liquid to least liquid. It enables the users financial statements to easily assess the time assets will take to be converted into cash. Therefore cash is considered as most liquid and is first item to be presented on the Balance sheet of the company under current assets account.
I believe the answer is: task-oriented listening
Listeners who prefers task-oriented listening tend to only pay attention if the communicators speak about something that relevant to the goals that they want to achieve. This type of listeners tend to be more effective in a situation when there is a limited time to finish a certain project, like bob.
Answer:
balance after 4th payment $9684.05
balance after 85th payment $14.37
Explanation:
given data
borrow = $10,000
time = 7 year
annual interest rate = 11.5%
monthly payment = $173.86
solution
we know monthly interest will be here = 
= 0.0096
so here
balance after payment will be here
an = 1.0096 an-1 - 173.86 ........1
here 1.0096 is monthly interest
and monthly payment is subtract here
and an-1 is balance before payment
and an is balance after
so that
payment number balance after payment
1 9922.14
2 9843.53
3 9764.17
4 9684.05
..... ........
83 186.3
84 14.23
85 -159.49
so that balance after 4th payment will be = $9684.05
and balance after 85 payment is 173.86 - 159.49 = 14.37
Answer:
According to the straight-line depreciation, this number can be obtained by dividing the difference between an asset's cost and its expected salvage value.
<u>Depreciation</u> = Asset's Cost - Expected Salvage Value ÷ Expected Years of use
Explanation:
In the case of Tops Co., they purchase equipment for $12,000 - $500 of Salvage Value expected ÷ 5 Expected years of use
The estimated depreciation will be $2,300 for 5 years
At the beginning of the third year Tops Co. decided to use the equipment for 6 years and no salvage value.
The remaining purchase value will be $12,000 - $2,300 (x3) = $5,100
Apply again the formula described above and our answer will be:
The revised estimated depreciation is $1,700 for the remaining three years.
