• 2022-06-14
    中国大学MOOC: Which TWO of the following will be classified as non-current assets for a dealer in computer equipment?(1) Computers for resale(2) Vehicles for delivering computers(3) Business capital(4) Office furniture
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    内容

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      A business has non-current assets of $26,000, total liabilities of $32,000 and capital of $8,500.What is the value of current assets? A: $15,500 B: $40,500 C: $6,000 D: $14,500

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      Which of following is classified as part of ‘investing activities’ in the statement of cash flows? A: gain on sale of investments B: depreciation of non-current assets C: proceeds from an issue of shares D: acquisition of non-current assets

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      Which of the following items describes the current assets? A: Assets which are currently located on the business premises B: Assets which are used to conduct the organisation's current business C: Assets which are expected to be converted into cash in the short-term D: Assets which are not expected to be converted into cash in the short-term

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      Which of the following belongs to the current assets? A: long-term investment B: plant and equipment C: intangible assets D: inventory

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      Which of these best describes non-current assets? A: Items bought to be used in the business B: Items which will not wear out quickly C: Expensive items bought for the business D: Items having a long life and not bought specifically for resale