Which statement is not true?(A) Current assets are normally reported in order of their liquidity.
(B) Disclosures related to receivables are reported in the financial statement notes.
(C) Cash and cash equivalents are the first items reported under Current assets.
(D) All receivables that are expected to be realized in cash beyond 265 days are reported in the Noncurrent assets section.

Answers

Answer 1
Answer:

Answer: The following statement is not true:  All receivables that are expected to be realized in cash beyond 265 days are reported in the Non-current assets section.

The following statement in it's true form would be where all Receivables are anticipated to be accomplished in cash after 365 days, then they are  reported in section of the non-current assets.

Answer 2
Answer:

Final answer:

The correct answer is (D) All receivables that are expected to be realized in cash beyond 265 days are reported in the Noncurrent assets section.

Explanation:

The correct answer is (D) All receivables that are expected to be realized in cash beyond 265 days are reported in the Noncurrent assets section.

On a balance sheet, current assets are normally reported in order of their liquidity, with cash and cash equivalents being the first items reported under current assets. Disclosures related to receivables are typically included in the financial statement notes.

However, receivables that are expected to be realized in cash beyond 265 days are reported in the noncurrent assets section. Noncurrent assets are those that are expected to provide economic benefit beyond one year or the operating cycle, whichever is longer.

Learn more about financial statement analysis here:

brainly.com/question/31663529

#SPJ2


Related Questions

Which of the following would most likely not be an example of an attribute? Select one: a. employee name b. customer address c. stock number d. ISBN number e. cancel appointment
If you average 6 hours of sleep per night Monday through Friday and 9 hours per night on Saturday and Sunday, what fraction of the entire week do you spend asleep? *
Farr Company purchased a new van for floral deliveries on January 1, 2021. The van cost $56,000 and has an estimated life of five years and $14,000 salvage value at the end of its useful life. The double-declining-balance method of depreciation will be used. What is the balance of the Accumulated Depreciation account at the end of 2022?
Assume the market for extra-long twin mattresses is in equilibrium. There is a sudden decrease in income throughout the economy. If all else is held constant, we would expect that if extra-long twin mattresses are a(n) good, then the demand curve will shift to the causing the equilibrium price and quantity to inferior: left; fall normal; right; rise inferior; right: fall O normal; left: fall O normal; left: rise
some people have argued that the reported unemployment rate actually understates the extent of unemployment . explain this reasoning and provide 2 examples for support??

How should the davises react to adidas' planned acquisition of reebok? what aspects of new balance's operations strategy should they change?

Answers

Answer:

Reduce the suppliers to 2-3 and have long term relationships with them. They should employ an ERP across the functions for better communications

Explanation:

Adidas and Reebok are the two biggest companies in the world that produce sport outfits. Adidas bought over Rebook in 2005 but wanted the new subsidiary to continue to operate under their unique brand name.  

However, there are certain aspects of New Balance’s operations strategy they should change which includes the following;

1. The ecosystems of suppliers they have should be trimmed down to three, for better and effective long-term relationships with the sole aim of cost reduction.  

2. The should also commence the use of Enterprise resource planning (ERP), a business process management software that will help them maintain better communication across functions and be able to always evaluate pipeline to know the varying requests made by customers.  

Which of the following is NOT a reason a seller would rate a transaction as valuable?Select one:
a. The transaction makes a seller prestigious among the competition
b. The transaction allows a seller to take pride in its product
c. The transaction allows a customer to pay the cheapest price for the product
d. The transaction motivates or educates the public

Answers

its would be  d        because it motavites or edcates in publix they dont do that              

Paul would like to spend $700 on a vacation. He will sell some of his stock to pay for the vacation. If the stock is worth $32 per share, how many shares will Paul need to sell?

Answers

At least 22 shares should be sold

On March 1, Green went to Easy Car Sales to buy a car. Green spoke to a salesperson and agreed to buy a car that Easy had in its showroom. On March 5, Green made a $500 down payment and signed a security agreement to secure the payment of the balance of the purchase price. On March 10, Green picked up the car. On March 15, Easy filed the security agreement. On what date did Easy’s security interest attach?a. March 1.
b. March 5.
c. March 10.
d. March 15

Answers

Answer:

C: March 10

Explanation:

In this scenario he signed the security agreement on the 5th of March, picked up the car on the 10th of March, and filed the security agreement on the 15th of March.

Even though he signed the agreement on the 5th of March (which would be believed is the day that the security interest is attached), he only took it into his possession on the 10th. Only once you take the car into your possession does the security interest attach, since it is no longer in the possession of the car dealer.

Mining companies, farms, financial services, and fisheries are all examples of: transactional markets. cooperative markets. reseller markets. industrial markets. government markets.

Answers

mining companies , farms, financial services, and fisheries are all examples of Industrial markets

Industrial markets refer to the business who focus themselves on serving their costumer in specific field of products or services. For example, farms server their customers in Agricultural and farming  products.

Medium that carries message signals from senders to receivers of communication is:

Answers

I believe it is channel

Answer:

channel

Explanation:

yup!