how to calculate Average Total Assets   is it total of non current asset + current asset or current asset only

Q: What is the formula for the NET FIXED ASSET if it is not given in the financial statement?

A: The net value of a company's fixed assets is measured using net fixed assets. In a nutshell, net…

Q: What is the Total noncurrent assets?

A: Required  What is the Total noncurrent assets

Q: The December 31,2021, Statement of Financial Position of REED Company contained the following…

A:

Q: The total liabilities of BROWN Enterprises are P987,560 representing one-fourth of the total equity.

A: Stockholders' equity: Stockholders' equity means the net assets available to shareholders after…

Q: Which assets are included in the definition of current assets?

A: Current asset refers to the asset which can be easily converted to cash with a year. Current assets…

Q: What is return on assets(roa)?

A: In general terms, ROA is similar to  Return on Investment.

Q: Parent Corporation acquired all the identifiable net assets of Sub Company by issuing ordinary…

A: SOLUTION WORKING NOTE-   CALCULATION  OF FAIR VALUE OF NET ASSETS- PARTICULARS CONSOLIDATED VALUE…

Q: for the asset turnover ratio, which of the following best describes net assets? A. Fixed Assets +…

A: Asset turnover ratio is a measure which says that how effectively business assets are generating…

Q: What is non current assets ?

A: Current assets means those assets which will be converted in to cash in near future generally one…

Q: Fixed assets are ordinarily presented on the balance sheet OO at their current market value under…

A: Fixed assets are ordinarily presented in balance sheet at their cost less accumulated depreciation.…

Q: The questions in this section are based on the following data: Problem 2: ABC Company was formed on…

A: Non current assets = Property plant end equipment at cost - accumulated depreciation = land +…

Q: Which of the following is typically recorded at its present value? a. long-term investments b.…

A: Present value is the worth of any asset or liability that is more in the present as compared to the…

Q: Give an example of Current Asset, Current liabilities, Non Current Asset, Non Current Liabilities

A: 1. Current Assets : These are the assets which are convertible into cash within a Year   Example: 1.…

Q: Define Long term assets and Short term assets? What are the differences between the two?

A: Long-term assets:Long-term assets are non-current assets that can benefit for several years.…

Q: What are the long-term assets which do not have any physical existence? A. Intangible Assets B.…

A: Tangible Assets:These assets are physical, measurable Resources; like Property, Plant &…

Q: What is the relationship of the asset turnover to the return on assets?

A:

Q: Define current assets. What basis is used for ordering individual items within the current assets…

A: Current assets represent all the assets of a company that are expected to be conveniently sold,…

Q: III. Compute for the totoal current assets, total noncurrent assets, total current liabilities and…

A: Current assets are those assets which are either in cash or can be converted into cash into short…

Q: Which assets are classified as current assets?

A: Definition:     Current assets: The assets which could be converted into cash within one year like…

Q: What is the return on total assets given the figures attached?

A: Return on total assets is the comparison of operational income with that of the total assets. It…

Q: How do you decide the liquidity order (what asset come before the other...expenses vs prepaid vs…

A: Classified balance sheet: The main elements of balance sheet assets, liabilities, and stockholders’…

Q: What is the net book value of asset

A: Calculation given in next step   Net book value is the historical cost of an asset minus the amount…

Q: What is the relationship between current assets and currentliabilities?

A: Current assets: The assets which could be converted into cash within one year like accounts…

Q: What effect does the recognition of depreciation expense have on total assets?  On total equity

A: Depreciation expense is recorded by debiting the depreciaton expense account and crediting…

Q: What information are you given when you divide your current assets by your current liabilities?

A: Financial ratios are the ratios used by the company in evaluating and analyzing financial…

Liquidity Risk Exposure

Answer: c