![subject](/tpl/images/cats/ekonomika.png)
What is cash? what are cash equivalents, and why are they included with cash on the balance sheet? how are cash equivalents different from short-term investments? does everybody understand why cash and cash equivalents are reported first on the assets side of a balance sheet?
![ansver](/tpl/images/cats/User.png)
Answers: 1
![](/tpl/images/ask_question.png)
![](/tpl/images/ask_question_mob.png)
Another question on Business
![question](/tpl/images/cats/ekonomika.png)
![question](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 02:00
On january 1, 2017, fisher corporation purchased 40 percent (90,000 shares) of the common stock of bowden, inc. for $980,000 in cash and began to use the equity method for the investment. the price paid represented a $48,000 payment in excess of the book value of fisher's share of bowden's underlying net assets. fisher was willing to make this extra payment because of a recently developed patent held by bowden with a 15-year remaining life. all other assets were considered appropriately valued on bowden's books. bowden declares and pays a $90,000 cash dividend to its stockholders each year on september 15. bowden reported net income of $400,000 in 2017 and $348,000 in 2018. each income figure was earned evenly throughout its respective year. on july 1, 2018, fisher sold 10 percent (22,500 shares) of bowden's outstanding shares for $338,000 in cash. although it sold this interest, fisher maintained the ability to significantly influence bowden's decision-making process. prepare the journal entries for fisher for the years of 2017 and 2018. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field. do not round intermediate calculations. round your final answers to the nearest whole dollar.)
Answers: 3
![question](/tpl/images/cats/ekonomika.png)
![question](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 20:40
Spartan credit bank is offering 7.5 percent compounded daily on its savings accounts. you deposit $5,900 today. a. how much will you have in the account in 4 years? (use 365 days a year. do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. how much will you have in the account in 12 years? (use 365 days a year. do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. how much will you have in the account in 19 years?
Answers: 2
You know the right answer?
What is cash? what are cash equivalents, and why are they included with cash on the balance sheet?...
Questions
![question](/tpl/images/cats/en.png)
English, 22.02.2021 19:50
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/mat.png)
Mathematics, 22.02.2021 19:50
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/istoriya.png)
![question](/tpl/images/cats/istoriya.png)
![question](/tpl/images/cats/istoriya.png)
![question](/tpl/images/cats/fizika.png)
Physics, 22.02.2021 19:50
![question](/tpl/images/cats/mat.png)
Mathematics, 22.02.2021 19:50
![question](/tpl/images/cats/istoriya.png)
History, 22.02.2021 19:50
![question](/tpl/images/cats/mat.png)
Mathematics, 22.02.2021 19:50
![question](/tpl/images/cats/ekonomika.png)
![question](/tpl/images/cats/mat.png)
Mathematics, 22.02.2021 19:50
![question](/tpl/images/cats/mat.png)
Mathematics, 22.02.2021 19:50
![question](/tpl/images/cats/es.png)
![question](/tpl/images/cats/istoriya.png)
History, 22.02.2021 19:50
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/istoriya.png)
![question](/tpl/images/cats/health.png)
Health, 22.02.2021 19:50