Bank Notes and Liquidity
Not what you're looking for?
NBS Company has guaranteed a $1,000,000 bank note for XY Company. How would this influence the liquidity ratios of NBS Company? How should this situation be considered?
Purchase this Solution
Solution Summary
This Solution contains over 100 words to aid you in understanding the Solution to this question.
Solution Preview
Bank guarantee is a contingent liability for the organization. Thus this will be considered as contingent liability and will not affect the liquidity of the company immediately.
According to IAS 37 Contingent ...
Purchase this Solution
Free BrainMass Quizzes
Situational Leadership
This quiz will help you better understand Situational Leadership and its theories.
Social Media: Pinterest
This quiz introduces basic concepts of Pinterest social media
Marketing Management Philosophies Quiz
A test on how well a student understands the basic assumptions of marketers on buyers that will form a basis of their marketing strategies.
IPOs
This Quiz is compiled of questions that pertain to IPOs (Initial Public Offerings)
Writing Business Plans
This quiz will test your understanding of how to write good business plans, the usual components of a good plan, purposes, terms, and writing style tips.