In current asset management, what is the float? How would paying by check allow a business to take advantage of the float?
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In current asset management, what is the float? How would paying by check allow a business to take advantage of the float?
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- How would a debit balance in Unrealized Gain (Loss) on Available-for-Sale Investments be reported in the financial statements? Is it better to have an unrealized or realized gain and what are the effects on your bottom line? Also, how are the balance sheet and income statement affected by fair value accounting?What is meant by asset transformation and how is it the basis for differentiating between indirect finance and direct finance?What is financial asset market?
- When opposed to cash-basis accounting, does accrual-basis accounting offer more meaningful information? If not, why not? Give an example to support your argument.What role do marketable securities play in current asset management?Which of the following numerators does NOT include assets: a. Traffic speed of receivables b. Traffic speed of fixed assets c. Traffic speed of suppliers d. Traffic speed of stocks e. all of the above