Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / giri
By definition, Liability is something which
someone/somebody has some obligation to pay to someone.
From companies point of view, the profit earned by company
must be distributed among the shareholders at the time of
liquidation. So, It is certainly liability.
It cannot be treated as an asset because asset is something
which can give future cashflow or reduce the cashflow in
future and profit cannot do both of those.
| Is This Answer Correct ? | 4 Yes | 0 No |
Post New Answer View All Answers
How is SLR determined? What is the Need of SLR?
What is RBI's role in developing the Indian Economy?
If I Am Going Through A Divorce How Will My Ex-spouse Filing Bankruptcy Affect Our Divorce Settlement?
Tell something about MGNREGA?
What are the various types of preference shares?
Tell us about internet security and threats and how as software engineer can you contribute to NABARD?
What is depreciation and devaluation of currency?
What is composite cost of capital? Explain the process to compute it?
Tell us something about the 27th or latest public sector bank in india.
What are the major Challenges being faced in the Banking sector?
How Does Bankruptcy Help Me In The Short Run?
What is the old name of syndicate bank?
When will the next Olympics take place and where?
Why do you want to change your field?
In which year credit guarantee corporation was formed?
