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2 years ago

Liquidity refers to the degree of readiness of conversion of an asset into common stock.

2 answers:

7 0

False.

Liquidity does not refer to the degree of readiness of conversion of an asset into common stock. Instead, it refers to the degree of readiness of conversion of an asset into CASH.

svp [43]2 years ago

6 0

Answer: b. False

Liquidity refers to the degree of readiness of conversion of an asset into common stock.

Explanation:

Liquidity refers to the ability to easily convert an asset into cash. It is the degree to which an asset can be quickly purchased or sold in the market at a price which reflects its intrinsic value. Cash is the most liquid asset. Some assets such as stocks and bonds are very liquid because they can be converted to cash within days.

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York’s outstanding stock consists of 80,000 shares of cumulative 7.5% preferred stock with a $5 par value and also 200,000 share

7nadin3 [17]

Answer:

Dividend Each Year shall be

Year 2015 2016 2017 2018

Preference $20,000 $28,000 $42,000 $30,000

Equity $0 $0 $158,000 $320,000

Total Dividend

Preference = $120,000

Equity = $478,000

Explanation:

When the preference dividends are cumulative in nature the dividends shall be paid each year of the rate specified, in case not paid the, it is carried forward.

In the given case, preference dividend = 80,000 shares $\times$ $5 $\times$ 7.5% = $30,000

Thus, in 2015

Dividend to preference = $20,000

Dividend to Equity = $0

Also $30,000 - $20,000 = $10,000 shall be carried forward.

2016

Dividend to preference = $10,000 Arrears

Current year = $28,000 - $10,000 = $18,000

Carry forward = $30,000 - $18,000 = $12,000

Dividend to Equity = $0

2017

Dividend to preference = $12,000 Arrears

Current year = $30,000

Dividend to Equity = $200,000 - $30,000 - $12,000 = $158,000

2018

Dividend to preference = $30,000

Dividend to Equity = $350,000 - $30,000 = $320,000

4 0

2 years ago

Haberdash inc. last year reported sales of $12 million and an inventory turnover ratio of 3. the company is now adopting a just-

Sindrei [870]

Sales = $12,000,000

Inventory Turnover ratio (old) = 3
Inventory Turnover ratio (new) = 7.5
Freed up Cash = ?
So, let’s find out the freed up cash
 We know level of inventory are calculated as follows;
Inventory = Sales Inventory turnover ratio
Calculating $ value of old inventory
 Inventory Old=$12,000.0003
 =$7.5,000,000
 Calculating $ value of New inventory
 Inventory New=$12,000,0075
 =$3,000,000
 The freed up cash would be=Old Inventory – New Inventory
 =$7.5,000,000 - $3,000,000
=$4.5,000,000

6 0

2 years ago

Read 2 more answers

Suppose you study a group of successful companies and you find that they emphasize customer focus, or quality improvement, or em

mario62 [17]

I'm just gonna say this i don't think they care at all

8 0

2 years ago

Southeastern Oklahoma State University's business program has the facilities and faculty to handle an enrollment of 2,200 new s

docker41 [41]

Answer:

a. 0.7273 or 72.73%

b. 0.8875 or 88.75%

Explanation:

a. Utilization rate is the ratio of the amount of installed capacity planned to be used relative to the total installed capacity. This can be stated as follows:

Utilization rate = ICP ÷ TC ......................................... (1)

ICP = Amount of installed capacity planned to be used

TC = Total installed capacity

From the question, ICP = 1,600 while TC = 2,200. Substituting this into equation (1), we have:

Utilization rate = 1,600 ÷ 2,200 = 0.7273 or 72.73%

Therefore, utilization rate is 0.7273 or 72.73%.

b. Efficiency rate is the ratio of the actual installed capacity used relative to the amount of installed capacity planned to be used. This can be stated as follows:

Efficiency rate = AIC ÷ ICP ......................................... (1)

AIC = Actual installed capacity used

ICP = Amount of installed capacity planned to be used

From the question, ICP = 1,420 while TC = 1,600. Substituting this into equation (1), we have:

Efficiency rate = 1,420 ÷ 1,600 = 0.8875 or 88.75%

Therefore, efficiency rate is 0.8875 or 88.75% .

3 0

2 years ago

When you have carefully checked all the facts and your attitudes and still find that there’s just something about your superviso

Anna11 [10]

Answer:

Your answer to that is try to talk it out with someone and dont hold it in.

Explanation:Have fun and a great day

3 0

2 years ago