Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Nov 29, 2022

Which of the following is NOT a current asset? a. Inventory b.Accounts receivable c. Cash d. A rent deposit expected to be received back in

Which of the following is NOT a current asset?

a. Inventory

b.Accounts receivable

c. Cash

d. A rent deposit expected to be received back in 3 months when a lease expires.

e. All of these are current assets.

Step by Step Solution

★★★★★

3.38 Rating (151 Votes )

There are 3 Steps involved in it

Step: 1

D A rent deposit expected to be received back in 3 months when a lease expires A ... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Intermediate Accounting Reporting and Analysis

Authors: James M. Wahlen, Jefferson P. Jones, Donald Pagach

2nd edition

9781305727557, 1285453824, 9781337116619, 130572755X, 978-1285453828

More Books

Students also viewed these Finance questions

Question

★★★★★

Which of the following is not a cash flow that results from the decision to accept a project? a. Changes in working capital. b. Shipping and installation costs. c. Sunk costs. d. Opportunity costs....

Answered: 1 week ago

Question

★★★★★

Which of the following is not a typical cash flow related to equipment purchase and replacement decisions? 1) Increased operating costs 2) Overhaul of equipment 3) Salvage value of equipment when...

Answered: 1 week ago

Question

★★★★★

Which of the following is NOT a factor that derives from an integrated package for developers and lenders? a) Disputes are minimized.

Answered: 1 week ago

Question

★★★★★

Sparkle is one firm of many in the market for toothpaste, which is in long-run equilibrium. a. Draw a diagram showing Sparkles demand curve, marginal-revenue curve, average total- cost curve, and...

Answered: 1 week ago

Question

★★★★★

Once the copyright runs out on a book or music, it can legally be placed on the Internet for anyone to download. In 1998 the U.S. Congress extended the copyright law to 95 years after the original...

Answered: 1 week ago

Question

★★★★★

Tlie following table shows the components needed to assemble an end item, their manufacturing or purchase lead times for typical lot sizes, and amount on hand. The following product structure tree...

Answered: 1 week ago

Question

★★★★★

1. Michael, you need to return to your desk, or I will have to send for the principal. You have a few seconds to decide. The teacher then moves away, perhaps attending to other students.

Answered: 1 week ago

Question

★★★★★

Nintendo Company, Ltd., reports the following financial information as of, or for the year ended, March 31, 2011. Nintendo reports its financial statements in both Japanese yen and U. S. dollars as...

Answered: 1 week ago

Question

★★★★★

A company received a bank statement with a balance of 6,350 dollars. Reconciling items included a bookkeeper error of 300 dollars,a 300 dollars check recorded as 600 dollars-two outstanding checks...

Answered: 1 week ago

Question

★★★★★

Question: Find the total deformation energy of the cage in the figure and the vertical displacement of the E point and write only the results in the answer part. B

Answered: 1 week ago

Question

★★★★★

The Friendly Sausage Factory (FSF) can produce hot dogs at a rate of 4,750 per day. FSF supplies hot dogs to local restaurants at a steady rate of 320 per day. The cost to prepare the equipment for...

Answered: 1 week ago

Question

★★★★★

I. Suppose that there are only 10 individuals in the economy each with the following utility function over present and future consumption : U (c1, c2) = c1 + 2 / 3 c2, where c1 is consumption today,...

Answered: 1 week ago

Question

★★★★★

QUESTION 10/12 Company A's total royalty expenses for a specific product vary based on the total revenue (dollars in thousand), shown as below: Which of the following statements is correct? 1 point...

Answered: 1 week ago

Question

★★★★★

The relativistic Doppler shift causes the light from a distant galaxy to be blue shifted by 5%. What is the speed of the galaxy relative to the earth?

Answered: 1 week ago

Question

★★★★★

#3 #2 HOMEWORK #1 #1 Figure 1 Price Supply and Demand Suppose you have a demand curve for McDonalds Big Macs. Show the impact graphically (draw the graph) to illustrate the impact of each of the...

Answered: 1 week ago

Question

★★★★★

Sandhill Tar and Gravel Ltd. operates a road construction business. In its first year of operations, the company won a contract to build a road for the municipality of Cochrane West. It is estimated...

Answered: 1 week ago

Question

★★★★★

Trade and Technology: The Ricardian Model Discovering Data: Part 2 In the first part of this Discovering Data exercise you learned how to access data on the World Bank's website. In the final part of...

Answered: 1 week ago

Question

★★★★★

In a system with light damping (c Answered: 1 week ago

Answered: 1 week ago

Question

★★★★★

Why do companies provide so much additional information with financial statements? What is the purpose of the notes to the statements?

Answered: 1 week ago

Question

★★★★★

On January 1, 2016, Osgood Film Studios reported the following alphabetical list of shareholders equity items: Additional paid-in capital on common stock.......... $170,000 Additional paid-in capital...

Answered: 1 week ago

Question

★★★★★

Asset Acquired by Donation A developer of a large shopping center donated a building and land to Hating Co. without charge. The agreement provided that the company employ 350 people for 10 stars. The...

Answered: 1 week ago

Question

★★★★★

26. Name at least two ways a gene could influence alcoholism.

Answered: 1 week ago

Question

★★★★★

28. Someone who is quitting an addictive substance for the first time is strongly counseled not to try it again. Whypg78

Answered: 1 week ago

Question

★★★★★

25. Which type of alcoholismType I or Type IIhas a stronger genetic basispg78 Which type has earlier onsetpg78

Answered: 1 week ago

Previous Question Next Question