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True or false an asset is anything of value that can be converted into cash?
Wiki User
∙ 11y ago
true
Wiki User
∙ 11y ago
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What is the value 5551 equals 24?
The value is "FALSE".
Any value that is unknown or can change is a variable?
yes
What is 0.009 repeating converted into a fraction?
It's converted into a fraction because since it repeats, if you round it or cut it off after a certain point, it doesn't have the same value.
The absolute value of a number is always non negative true or false?
The absolute value will always be positive because if you think about it, the absolute value.
Does this means that the absolute value of a negative number must be less than the absolute value of a positive number?
Not sure what "this" is, but the conclusion is false.
Is fixed deposit an asset?
Yes. An Asset is something that has a value and can be sold/converted to cash.
What does asset mean what does asset mean?
asset is anything that appreciate in value over a period of time
Are buildings assets?
yes. anything that has value is an asset.
What is the meaning of asset in oracle apps?
it is an economic resource.. something that whose ownership of value that can be converted to cash.
Anything of value owned by the business?
Anything of value that is owned by a business is called an asset. This includes property, equipment, stock, or bonds.
Is The book value of a fixed asset reported on the balance sheet represents its market value on that date?
It is false that the book value of a fixed asset reported on the balance sheet represents its market value on that date. Fixed assets are also known as tangible assets.
What is the value of n in 8 equals 12?
8 = 12 is FALSE. So, the value of n, in a false statement can be anything at all.
The difference between current asset and non current asset?
Current asset is primarily a cash or anything that will be converted into cash in period no longer than 12 months. This could be for example a stock in your storeroom which you may process and sell, the money you collect from your debtors (as recorded in Accounts receivable), etc. Non current asset (also called fixed assets) is anything of monetary value that represents future benefit to the business for period no shorter than 12 months. Examples are land, building, car, machinery, plant and equipment.
In balance sheet what is current assets?
Current assets are things which have monetary value and could be converted to cash in the short term e.g. stocks, cash, debtors. They would normally be things which could be converted to cash within 6 months. Anything longer than this would be considered a long term asset.
The book value of an asset is the same as market value of the asset?
Book value of an asset is the value which is shown in books of accounts while market value of asset is the value which is currently same asset is selling in market so both of these values are not same but it can be same but normally they are not same.
Is office equipment an asset?
Yes, anything of value the company owns is an Asset. Office Equipment is generally classified as a Long-Term Asset or more commonly PP&E (Property, Plant, & Equipment).
When an asset is sold a gain occurs when the?
Gain on sale of asset is occured when actual value of asset is less then the sale value of asset.
