Assets liquidity

Table 19-3 provides an example of determining one s net worth. Assets are cash and other tangible property with monetary value. In this example, assets are divided into current assets and long-term assets. Liquid assets are current assets that are easily converted to cash. For example, a checking account is a liquid asset. Long-term assets include such items as real estate, personal possessions, and investment assets. Real estate may include the value of one s house and/or any rental property that one might own. Personal possessions might include such items as the market value of a person s car, furniture, jewelry, and computer. Investment assets include such items as the market value of mutual funds and retirement accounts. 

Common stockholders have a right to the residual assets of a company in the event of dissolution or liquidation but only after all the creditors and then any liabihties to the preferred stockholders have been paid. The larger the proportion of debt financing in a company, the smaller the amount the common stockholders are likely to receive if the company is liqiiidated. 

Liquid assets are those that can be realized almost immediately, such as cash, accounts receivable, and marketable securities. Although inventories are current assets, they must not be regarded as hquid assets because they cannot usually be converted into cash without winding up the business. 

B) The appointment of a receiver, trustee or liquidator for all or substantially all of the assets of the other party (or its parent organization or affiliate organizations) ... 

A Btu meter is used to determine the fuel heating rate. The Btu meter is a eapaeitanee deviee ideally suited to real-time on-line Btu measurement of gas turbine liquid fuel, sueh as naphtha, that is a valuable asset in determining turbine effieieney. 

This is usually defined as the ratio that liquid assets (debtors - - cash) bear to current liabilities. The ratio is a measure of the relation of short-term obligations to the funds likely to be available to meet them. 

Liquidity can be expressed as the ratio of liquid assets (cash plus debtors) to current liabilities. Such assets are also known as Quick assets , i.e. capable of swift realization. 

Issue of debentures. These will normally carry a fixed rate of interest and have a predetermined date of redemption, possibly at a premium. The holders of debentures will usually require security perhaps by means of a fixed charge over specific assets (or all the assets), and will have a right of prior payment in the event of a liquidation. Debenture holders can also sometimes exercise their rights on the occurrence of certain events. Widespread security given to one class of lender can militate against the provision of shortterm finance from other lenders who require collateral. 

If Ihe assets for the company whose balance sheet is given in Table 10-13 can only be sold at half their listed value, then after all the current liabilities and bonds have been paid off, there would be nothing left for the stockholders. In fact, some of the bondholders might not be totally reimbursed, since it would cost something to liquidate the company s assets. This company could not get a loan at prime interest rates. It would have a better chance of getting a good interest rate if its balance sheet resembled that given in Table 10-14. 

The use of direct UV spectrophotometry to measure sample concentrations in pharmaceutical research is uncommon, presumably due to the prevalence and attractiveness of high-performance liquid chromatography (HPLC) and liquid chromatography/mass spectrometry (LC/MS) methods. Consequently, most researchers are unfamiliar with the value of UV detection, mainly that it is generally much faster than other methods - a very important asset in high-throughput screening. 

The Sydney plant is a combination of older mercury cell technology (updated ICI Mark 1 cells) and modern derivative plants (hydrochloric acid, sodium hypochlorite and ferric chloride) combined with liquid chlorine packing. The mercury cells had originally been in excess of 80 000 tonnes per annum capacity and cells had been progressively taken off-line following closure of chlorinated solvents (CTC/PCE) and EDC/VCM manufacture over a period of 10 years. This had left an asset significantly oversized compared with the present market demands. 

Liquid assets marking territory and home range with urine and secretions... 

Liquidity ratios are a measure of a company s ability to pay its shortterm debts. Current ratio is obtained by dividing the current assets by the current liabilities. Depending on the economic climate, this ratio is 1.5 to 2.0 for the chemical process industries, but some companies operate closer to 1.0. The quick ratio is another measure of liquidity and is cash plus marketable securities divided by the current liabilities and is slightly greater than 1.0. 

The technology treats soil, nonmunicipal sludge, and natural sediment, and potentially treats solid slag. In January, 2000, the TDU was offered as an asset available for liquidation by National Industrial Services, Inc. 

Petroleum fuels, or similar liquid fuels synthesized from natural gas, coal, oil shales, and tar sands, will continue to have great commercial significance so long as fluidity is an important fuel asset, and that is likely to be for a very long time indeed. Just as alloys are often better than their simple metallic constituents, so petroleum fuels fortified by additives are often superior to the basic products themselves. 

The resolutions have introduced an incentive system for new investments destined to the development of the network and of the liquid natural gas (LNG) terminals. At the end of the first period of regulation, the increase in assets deriving from the new investments carried out during the first period will be considered part of the new RAB. The Authority will have the responsibility to ensure a fair yielding of the invested capital. The tariff system is therefore studied to reward efficiency and supports the development of investments. 

Including sale of Messer Qriesheim assets to Air Liquide. Praxair "Toial sales for BOC and Air Products, only industrial gases sales for other companies... 

Organizations, investors, creditors, and even individuals use financial ratios to examine an organizations financial performance. Some financial ratios, such as net income/average total assets, provide useful information on the profitability of the organization. Other ratios can be calculated that provide insight into the liquidity of the organization (how much cash is available to pay the bills) or how well the organization... 

An alternative to the current ratio is the quick ratio (also known as the acid test). For this ratio, quick assets are defined as assets that are easily converted to cash. Therefore, inventories and prepaid expenses (such as prepaid rent and insurance policies) are not included in calculating assets. Because the quick ratio considers only assets that are easily converted to cash (and therefore can be used to pay bills, etc.), it provides a better picture of a company s liquidity and its ability to meet its financial obligations. 

Quick ratio A liquidity ratio that reflects a company s ability to satisfy its short-term obligations with its most liquid assets. 

Inventory usually represents a pharmacy s largest current asset. Inventory also is the least liquid current asset, given that it generally cannot be turned to cash until it is sold to a consumer. The value of inventory to all pharmacies continues to rise owing to the increased variety and expense of pharmaceutical products. Therefore, proper management of inventory has a significant impact on both the financial and the operational aspects of any pharmacy (Huffman, 1996 West, 2003). 

It would seem that there would not be much of a market for Vycor because fused silica has (seemingly) better properties and is less expensive. However, better has always been a relative term, and this case is a classic one of such relativity. It turns out that some of the undesirable properties of Vycor actually become assets. The lower temperature required to soften and/or melt Vycor means that less energy is required to form and shape the material. Also, Vycor maintains its liquid state over a wider temperature range than fused silica, thus making it easier to fuse it to other Vycor or fused silica items. 

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