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Using the data given below, compute for the total amount of items that meet the definition of financial asset Cash P  100,000 Fair value through profit or loss securities 500,000 Investment in associate 2,000,000 Trade receivable 1,000,000 Inventories 800,000 Prepaid insurance 50,000 Interest rate swap receivable 200,000 Investment in debt securities – FVTOCI 400,000 Investment in debt securities – AC 350,000 Land 2,000,000 Buildings 3,000,000 Machinery and equipment 1,500,000 Patents 250,000

A liquid asset can be converted to cash quickly without significantly impacting the asset’s value. Which of the following asset classes is generally considered to be the most liquid? Accounts receivable   Cash   Inventories     The most recent data from the annual balance sheets of Fitcom Corporation and Zebra Paper Corporation are as follows: Balance Sheet December 31st31st (Millions of dollars)   Zebra Paper Corporation Fitcom Corporation   Zebra Paper Corporation Fitcom Corporation Assets     Liabilities     Current assets     Current liabilities     Cash $2,870 $1,845 Accounts payable $0 $0 Accounts receivable 1,050 675 Accruals 633 0 Inventories 3,080 1,980 Notes payable 3,586 3,375 Total current assets $7,000 $4,500 Total current liabilities $4,219 $3,375 Net fixed assets     Long-term bonds 5,156 4,125 Net plant and equipment 5,500 5,500 Total debt $9,375 $7,500       Common equity           Common stock $2,031 $1,625…

Which of the following are ‘uses’ of cash from a cash flow perspective? (mark all that apply) a. Borrowing on the firm’s revolving line of credit b. Implementing a new share buyback program c. Purchasing a piece of real estate where you plan to build a new factory d. Purchasing inventory

Which of the following would result when a company lends cash to a customer in exchange for a ten month note receivable? a. a noncurrent asset and an investing cash flow are created. b. a noncurrent asset and a financing cash flow are created. c. a current asset and a financing cash flow are created. d. a current asset and an investing cash flow are created.

1.What is the transactional motive of holding cash? a. To keep a cash reserve for purchasing goods and services to balance outthe cash inflows and outflows.b. To keep the cash for all the transactions made during a periodic term.c. To keep the cash for transactions mandatory for day to day activities. d. To keep the transactions for foreign trading.   2. Below are all components of working capital except:a. Cashc. Marketable Securitiesb. Inventoriesd. Notes Payable 3. In what order will a company’s current assets appear on a classified balancesheet?a. Alphabetical orderc. From largest to smallest amountb. Company’s choiced. Order of Liquidity 4. Which of the following would not be important in examining the firm's buildup ofaccounts receivable, cash, and current assets:a. A brief cash budgetb. Cash receipts and cash payments schedulesc. Income Statementd. Sales forecast

Match each of the following term with the corresponding description.  Not all descriptions will be used._____ Operating activities_____ Indirect method_____ Cash equivalent_____ Investing activities_____ Direct method_____ Financing activitiesA. Measures the percent of net income that comes from high-margin products.B. Includes such events as the receipt of dividends and interest on investment assets.C. Includes assets that are very liquid and have original maturities of three months or less.D. The percent of total debt represented by a company's cash account.E. These activities include only purchases made with borrowed funds.F. Where cash flows from operating activities are calculated by converting each revenue and expense item from an accrual to a cash basis.G. This ratio multiplies net income by the average rate of interest the company receives on its investments.H. This ratio uses net income instead of operating cash flow to Analysis a company's ability to finance the cost of its…

You are evaluating the balance sheet for Goodman bees corporation from the balance sheet you find the following balances cash and marketable securities equal $400,000, account receivable equals $1,200,000, Inventory equals $2,100,000 acured wages and taxes $500,000  accounts payable $800,000 notes payable $600,000 calculate goodman bees networking capital. answer in dollars not millions round your answer to the nearest dollar amount networking capital

A liquid asset can be converted to cash quickly without significantly impacting the asset’s value. Which of the following asset classes is generally considered to be the most liquid? Inventories   Cash   Accounts receivable     The most recent data from the annual balance sheets of N&B Equipment Company and Jing Foodstuffs Corporation are as follows: Balance Sheet December 31st31st (Millions of dollars)   Jing Foodstuffs Corporation N&B Equipment Company   Jing Foodstuffs Corporation N&B Equipment Company Assets     Liabilities     Current assets     Current liabilities     Cash $574 $369 Accounts payable $0 $0 Accounts receivable 210 135 Accruals 127 0 Inventories 616 396 Notes payable 717 675 Total current assets $1,400 $900 Total current liabilities $844 $675 Net fixed assets     Long-term bonds 1,031 825 Net plant and equipment 1,100 1,100 Total debt $1,875 $1,500       Common equity           Common stock $406 $325…

a)Calculate the equity (total asset –total liability) to asset ratio of the bank (Hint: equity to asset ratio = total equity/total asset) b)Calculate the duration and convexity of the both asset and liability sides; c)If the interest rates go up by 1%, using the duration and convexity rule to determine the net worth of the bank and the equity to asset ratio; d)In c)’s scenario, to maintain the equity to asset ratio at 40% which is required by the regulation, the bank decides to raise cash (zero duration and zero convexity) from the equity holders. How much cash does the bank need to raise? e)Do you agree with the following statement? Explain why.“The information about a bond’s duration and convexity adjustment is sufficient to quantify interest rate risk exposure.”

Classify the following into Cash Flows from- Operating Activities; Investing Activities; Financing Activities.   i. Cash sale of goods in cash ii. Cash payment to acquire fixed assets iii. Cash payments from issuing shares at a premium iv. Payment of dividend v. Interest received on Investment vi. Interest Paid on debentures vii. payment of income tax viii. Cash repayment of long term loans ix. Cash payment of salaries and wages to employees

Using the data given below, compute for the total amount of items that meet the definition of financial asset Cash P 100,000 Investment in shares – FVTPL 500,000 Investment in associate 2,000,000 Accounts receivable 1,000,000 Inventories 800,000 Prepaid rent 50,000 Interest rate swap receivable 200,000 Investment in debt securities – FVTOCI 400,000 Investment in debt securities – AC 300,000 Land 2,000,000 Buildings 3,000,000 Machinery and equipment 1,500,000 Patents 250,000

liquid asset can be converted quickly to cash with little sacrifice in its value. Which of the following asset classes is generally considered to be the least liquid? Accounts receivable   Plant and equipment   Inventories     The most recent data from the annual balance sheets of Free Spirit Industries Corporation and LeBron Sports Equipment Corporation are as follows: Balance Sheet December 31st31st (Millions of dollars)   LeBron Sports Equipment Corporation Free Spirit Industries Corporation   LeBron Sports Equipment Corporation Free Spirit Industries Corporation Assets     Liabilities     Current assets     Current liabilities     Cash $3,157 $2,029 Accounts payable $0 $0 Accounts receivable 1,155 743 Accruals 696 0 Inventories 3,388 2,178 Notes payable 3,944 3,712 Total current assets $7,700 $4,950 Total current liabilities $4,640 $3,712 Net fixed assets     Long-term bonds 5,672 4,538 Net plant and equipment 6,050 6,050 Total debt $10,312…

5. Suppose Mr. Chen lends P500,000 cash to the entity. At the same, the entity uses part of the money to repay the amount owed to a creditor and holds the remaining amount of P400,000 in the bank account. Which of the following effects on the accounting equation is correct?Select one: a.Assets increase by P500,000 and liabilities increase by P500,000 b.Assets decrease by P100,000 and liabilities increase by P500,000 c.Assets increase by P400,000 and liabilities increase by P400,000 d.Assets increase by P400,000 and liabilities decrease by P500,000

NEED HELP CONTINUATION The following financial assets appeared in a recent balance sheet of Apple Inc. (dollar amounts are stated in millions). Cash and cash equivalents………………………………..…………………………. $20,289 Marketable securities (short-term investments) ……………………………............ $53,892 Accounts receivable (net of allowance for doubtful accounts of $58)……............. $17,874 D. What types of investments might Apple Inc. own that are considered cash equivalents? E. Explain what is meant by the balance sheet presentation of Apple Inc.’s Accounts Receivable as shown in the table.