Marketable securities Study guides, Class notes & Summaries

ACHE - BOG Exam - Additional Sample Questions 2014 The interpretation of the healthcare organization's role with respect to healthcare values would require: a. Establishing corporate goals and major institutional policies b. Ensuring that the community served by the facility is well informed about the organization's goals and performances c. Developing a mission statement indicating the organization's fundamental purpose or reason for existence, in order to guide organizational be...

Series 79 The letters NAV stand for - correct answer Net asset value refers to an investment company's total assets less its total liabilities. Mutual funds and unit investment trusts calculate their NAV every business day, often after market close. Closed-end funds are not subject to the requirement to calculate NAV on a daily basis. All of the following are non-marketable U.S. Government securities EXCEPT - correct answer Treasury Bills trade actively on the secondary market. SLGS, Series...

The new accountant informs the administrator that to simplify things, he has incorporated all purchases that will be paid for the next few years into the accounts payable journal. The administrator should _____. - c. begin a search for a new accountant The administrator seeks to be licensed without having to meet all the conditions new entrants would have to meet. He/she seeks to be ______. - grandpersoned Normally, courts of appeal do not have _____. - original jurisdiction. The administr...

Current Ratio correct answer: Current Assets divided by current liabilities Quick Ratio correct answer: Cash plus marketable securities plus receivables divided by current liabilities Cash Ratio correct answer: Cash plus marketable securities divided by current liabilities Defensive Interval Ratio correct answer: Cash plus marketable securities plus receivables divided by average daily expenditures Cash Conversion cycle correct answer: days in inventory plus days in accounts rec...

WGU C708 Principles of Finance Latest 2022 with Verified Solutions Matching Principle The revenues and the expected incurred to generate those revenues must be reported together; a fundamental component of accrual-based accounting. Historical Cost Principle Items that appear on the financial statement are listed at the cost when purchased. Current Assets Cash or assets that will be converted into cash within the next year. Gross Fixed Assets Property, Plant, and Equipment (PP&E). These are on...

CFA Level 1 FRA questions with complete solution 2024 Current Ratio - correct answer Current Assets divided by current liabilities Quick Ratio - correct answer Cash plus marketable securities plus receivables divided by current liabilities Cash Ratio - correct answer Cash plus marketable securities divided by current liabilities Defensive Interval Ratio - correct answer Cash plus marketable securities plus receivables divided by average daily expenditures Cash Conversion cycle - c...

Real Estate Finance: Chapter 12 The Secondary Mortgage MarketIntro - correct answer The secondary mortgage market is designed to deal in real estate mortgages, buying them from loan originators and selling them to investors or pooling them to enlarge the markets for these types of securities. When mortgages are purchased from primary lenders, also known as loan originators, the money generated acts to replenish the supply necessary for continued lending activities. When mortgages are sold ...

Order of assets listed on the balance sheet Assets are listed in the order of liquidity. Liquidity is the amount of time it would usually take to covert an asset into cash. Obviously, cash would be listed first, followed by marketable investments (a company can quickly convert a short-term investment into cash). Accounts receivable would be listed next followed by inventory, and long-term investments, fixed assets, and intangibles. Current assets are listed before long-term assets. Current li...

Current Ratio - Current Assets divided by current liabilities Quick Ratio - Cash plus marketable securities plus receivables divided by current liabilities Cash Ratio - Cash plus marketable securities divided by current liabilities Defensive Interval Ratio -Cash plus marketable securities plus receivables divided by average daily expenditures Cash Conversion cycle - days in inventory plus days in accounts receivables minus days in accounts payable Accounts receivable turnover - revenue di...

Chapter 10. Auditing Cash and Marketable Securities/ Chapter 10. Auditing Cash and Marketable Securities 1. An imprest payroll account should never reach a zero balance. True False 2. When the year-end cash balance is immaterial, audit procedures on the cash account are unnecessary. True False 3. Cash flow is often managed by organizations through the use of lockboxes and outsourced cash management arrangements with banks. True False 4. The ri...