Maurice Tutor

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  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 18 Aug 2017 My Price 11.00

failure of a business

Can anyone help explain what information would be found in each of the following groupings on a classified balance sheet, and how that data could indicate the future success or failure of a business?: Ø Current assets Ø Long-term investments Ø Property, plant, and equipment Ø Intangible assets Can you help me with anything else with this. I need to have some more information on it. Current asset include cash and cash equivalents, receivables, merchandise inventories and other current assets. Long- term investments include accounts payable, accrued compensation payable, accrued liabilities accrued income. Property, plant, and equipment include land and land improvements, Buildings and leasehold improvements, machinery and equipment and construction in process. Intangible assets include Music catalogues and copyrights, cable television and sports franchises, brands and trademarks, goodwill and other intangible assets. These groupings help the business determine such things as whether the company has enough assets to pay its debts as the come due and the claims of the short-and long-term creditors on the company’s total assets. A company’s current assets are important in assessing its short-term debt paying ability.

Answers

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Status NEW Posted 18 Aug 2017 02:08 AM My Price 11.00

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