What is the common characteristic of all the assets owned by a company? 1. Intangible 2. Long Life 3. Future Economic Benefits 4. None of the above
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- Is the company doing a good job of earning a return on its assets? Explain.Do you think a company like Target would have significant research anddevelopment costs or capitalized interest related to self-constructed assets? Explain.Why does an increase in the ratio of current assets to total assets decrease both profits and risk as measured by net working capital? How does changes in the ratio of current liabilities to total assets affect profitability and risk?
- QUESTION 1 Which of the following events will NOT increase the demand for assets? A. Decline in wealth B. Increase in the asset return relative to other assets C. Increase in asset liquidity D. Decrease in the asset riskiness relative to other assetsWhat is net operating working capital? Why does it exclude mostshort-term investments and notes payable?Does the management of long term assets benefit the business in anyway? Are there tax benefits as well?
- Under what assumptions market value of a company does not depend on its capital structure? Discuss.Which of the following is NOT correct regarding the rate of return on assets? a. The rate of return on assets measures management’s ability to productively employ all its resources. b. The rate of return on assets measures the return on all assets used regardless of how the assets are financed. c. The rate of return on assets is a measure of profitability. d. The rate of return on assets measures the return on the investment made by the owners of the entity. is B the correct answer?In a theoretical sense, the financial value of any asset is the present value of: Select one: A. Its past dividends B. Its expected cash flows C. Its expected sales price D. Its operating earnings
- Assets are resources related to past transactions that are expected to provide a future economic benefit to the company. True FalseWhich one of the following is an essential characteristic of an asset? A. The inflow of future economic benefits is controlled by the enterprise B. It must be exclusively owned and must be exchangeable C. The cost of the asset can be measured accurately D. It is a result of either a past or predictable transaction or activityWhich of the following does not affect net working capital? purchase of ordinary share capital purchase of inventory on account purchase of equipment on account repayment of long term debt
