Answer the following questions: 1. Explain why the term "debit" doesn't always mean "increase" and why the term credit doesn't always mean "decrease". 2. What are footings in accounting? 3. What is Define debits and credits and explain how they are used...
Explain why the consequences of unanticipated inflation are worse than anticipated inflation. Explain the main misconception about inflation. Define the term expected inflation. Discuss why inflation is bad. What are the costs of inflation? "If everyone expects inflation to occur, it will." Prov...
The following are just some of the various components of a working capital: Current Assets Liquid Assets (cash and bank deposits) Inventory Debtors and Receivables Current Liabilities Bank Overdraft Creditors and Payables Other Short Term Liabilities Provide at least two examples of organizations that ...
Is unemployment typically short-term or long-term Explain. 答 :正常情况下失业是短期 的。因为大多数人 的失业是短期的,成为失业者的大多数人将很 快找到工作 。但 任何一个时间所观察到的失业是长期 的,这是少数长期没有工作的工人所 造成 的。 3. Why is frictional unemployment inevitable How might ...
the incentives of economic and social actors) influence bankers’ decisions, their operations, and the regulatory framework in which they operate. Indeed, political institutions and politics structure the incentives of actors involved in banks, from bankers to shareholders, depositors, debtors, to ...
In relation to the Property Law of China:(a) explain the term registration of the right of In relation to the Property Law of China: (a) explain the term registration of the right of real property; (2 marks) (b) explain the special provision of the Property Law on the registration of...
focused on the target company’s debt situation, evaluating both short-term and long-term debt, applicable interest rates, the company’s ability to service its outstanding debt and secure more financing if needed, along with an overall examination and evaluation of the company’s capital ...
(a) state and explain the legal effect of the settlement of debts by the debtor against individual creditors after a people’s court has accepted the application for bankruptcy; (3 marks) (b) In relation to the debtors of the debtor against whom the application for bankruptcy is brought, or...
Current assets refer to those assets which are easily converted to cash. Current assets include trade debtors and inventory since they are highly converted to cash, unlike the fixed assets which can take much more time before they are converted to cash. ...
Explain why using net sales to calculate the receivables turnover ratio might not be a good indicator of a company's ability to efficiently manage receivables for a retail company like Buckle. How bankruptcy law can favor debtors at the expense of creditors or vice versa? Explain your answer....