Financial assets - General
3 important questions on Financial assets - General
What value do short-term investments have on the books?
Market value (not cost)
How is accounts receivable valued?
At net realizable value. A/R is not valued at the full amount the company is theoretically owed, but at the amount it is most likely to collect.
What is restricted cash?
Cash that must be spent on a specific, earmarked expenditure
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