at amount of money c

Q: An example of an expense classifi cation by function is: B . interest expense

A: An example of an expense classification by function is

Q: Cash vs. Cash Equivalence

A: Cash  Cash Equivalents  Cash is money in the form of currency. This includes all bills, coins, and…

Q: What is the Total·assets·turnover ratio?

A: Ratio Analysis: The process of analyzing financial ratios and comparing its degree of performance…

Q: Balance Sheet

A: From the available info we will prepare balance sheet as per given…

Q: Define capital components

A: It is the discounted rate that has been calculated by the company on the basis of which present…

Q: The following accounts appear in the ledger of Sheridan Ltd. after the books are closed at December…

A: The equity section of a company's financial statements represents the residual interest of its…

Q: Balance sh

A: Balance sheet   A balance sheet is also called a 'statement of financial position' because it…

Q: Explain the difference between financial capital and physical capital

A: Every type of business id defined by its assets. These assets can be classified as financial capital…

Q: How is the weight in the weighted average cost of capital calculated

A: WACC = (Weight of Common stock * Cost of common stock) + (Weight of preferred stock * Cost of…

Q: Balance sheet

A: The balance sheet is the statement of the financial position of the business.

Q: What are the Examples of cash equivalents?

A: Cash & Cash equivalents: Cash is the money which is readily available in the form of currency.…

Q: Differentiate between Current Account vs Capital Account.

A: Account: A record, that documents or records the changes in assets, liabilities, or equity for a…

Q: What are the common internal controls in place for capital expenditure cycle? with explanations

A: Internal control is an important part of every organization. It helps in maintaining the efficiency…

Q: what is meant by Working Capital and, the meanings of Receivables, Inventory and Payables?

A: Meaning of Working Capital  Working capital, also referred as net working capital (NWC), is the…

Q: Define asymmetric information theory (capital structure)

A: Capital structure plays an important role for any organization & it would be generally in the…

Q: Why is profit shown on liabilities side?

A: This is because of separate entity principle of accounting which says that the owner and business…

Q: When does the Capital expenditures occur?

A: Capital expenditure is the money spent by business on acquiring fixed assets like land, building…

Q: What is the weighted average cost of capital?

A: The formula to compute weighted average cost of capital as follows:

Q: how to find paid in capital

A: It is an equity account on a company's balance sheet. .It represents the amount of money received…

Q: Define Debit

A: Accounting depends on double entry system. As per dual aspect principle of accounting, each and…

Q: what goes on the balance sheet?

A: Balance sheet: This financial statement reports a company’s resources (assets) and claims of…

Q: An investment is the use of money or capital for income or​ _______. expenses profit value present…

A: An investment is an item or an asset acquired with the goal of earning income or appreciation in the…

Q: What is capital assets?

A: Capital asset means property of any kind like land, machinery, building, computer, vehicles,…

Q: Define the term Capital (Ownership) Costs?

A: The money value of goods and services consumed by the consumers and purchased by the producers is…

Q: Amount of money borrowed or invested on the origin date.

A: Initial Investment - Owner of the organization either borrowed money or invested their own fund to…

Balance of Payments

BOP is categorized into the following three components: