Distinguish between:
a) Fixed assets and current assets.
b) Ordinary shares and preference shares
c) Current ratio and liquid ratio
d) Small group behavior and Interpersonal behavior
a) Fixed assets and current assets.
Ans:- Fixed assets are long-term, tangible assets such as land, equipment, buildings, furniture and vehicles. Fixed assets are parts of the company that help with production and are components that last over time in the company. They are physical assets that can be seen. They are not used for liquidation purposes to contain debt within a business or cashed out in any way to aid a business financially. Fixed assets are often listed on the balance sheet as “plant, property and equipment,” which must have a useful life greater than one fiscal year or one operating cycle. Fixed assets generally include buildings, real estate, office equipment, manufacturing equipment and furniture.
Current assets are the general inventory of a company, including cash, accounts receivable, insurance claims, investments, and intangible or non-physical items. Current assets account for the worth of a company, showing the earnings-to-debt ratio by the year’s end. Each current asset has the ability to be cashed out to financially help the business or liquidated to save the company from debt or bankruptcy.
Fixed and current assets are recorded on a balance sheet, which is a
_______ ______ ________ ___ ______ ____.
_________ ___ ______ _____ ____ ______.
___ ________ _________ ______ ___ ________ ____ _____ _____ ___ __________ ________.
_________ _______ ____ ________ ______ ______ ________ _____ _________ _____.
________ ____ __________ __________ _________ _________ ___ ______ ___ _____.
________ _________ ______ __________ _________ __________ ___.
_________ ______ __________ __________ ______ ________ ____ ________ _______ _____ _____ ________.
_____ __________ ___ __________ ______ _____.
_________ _____ ___ _____ _______ _____ ___.
___ ___ _________ _______ ____ __________ ____ _________.
_______ _________ __________ __________ __________.
_____ ______ ________ _____ _______ ___ _______.
________ ______ _______ ___ ___ ______ _______ _________ _________ ________ ____ ___.
___ ____ ______ ____ ________ ______ ___ ______ ___ ________.
________ _______ ___ _______ _______ ___ ___.
_______ __________ _____ _________ ____ ________ ___.
_______ ____ ______ _____ _____.
______ ____ _________ _________ ____ ____ __________ _____.
___ ______ ______ ____ __________ ___ __________ ______ ____ __________ ______.
___ _______ __________ _____ __________ ________ ___ _______ __________ _______ ____.
_____ __________ ___ ____ _____ _________ __________ ________ ______ ___ _________.
_____ _________ _____ _____ ______ ________ ________.
_______ ______ ______ _________ ________ ____ ________ ____ _____ ________ _______.
__________ _______ _______ ____ ________ ______ ______ ___.
_____ ___ ____ __________ ___ _______ _________ ____ _____ ________ ________ _____.
________ ________ ________ _________ _____ ______.
____ ______ _____ __________ __________ ____ ___ _____ ________ _______.
_________ ________ __________ _______ _______.
___ ______ _______ _____ __________ ___ _____ ____.
_____ _______ _______ ______ ______ _______ ___ _________ __________ __________.
________ _________ _________ ____ ________.
______ ___ _______ ______ ___.
_______ ________ ______ _________ ____ ____ ______ ____ ___ ____ ______.
___ ____ _________ ________ _______.
______ ________ _____ ________ __________ ___ ________ ______ __________ ___ _______.
_________ ____ _______ ___ ____.
____ __________ __________ _________ ____ ___ ____ ______.
______ _______ ____ ___ ______ ___ ______ _________ __________ _________ ____ _______.
_______ _______ ______ _________ _____ _____ ___ _______ ___ ___ ______ ____.
______ _____ ________ ________ __________ _____ ___ ___.
_________ ____ _____ ____ ______ ____ ________ __________ __________ _______.
_____ ___ ________ ________ ________ ______ ______.
____ __________ _____ ________ _________ _________ _______ __________ _______ _______ ___ ________.
- Solved Assignments
- Study Notes
- Guess Papers
- Question Papers
✓ Unlock up to 60% of the answer
✓ No payment required