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what is the meaning of LIQUIDITY?
what is merger, acquisition & amalgamation? what is the
differnce between them?
WHAT IS THE TAXABLE VALUE OF THE FOLLOWING FRING BENEFITS
FOR FRINGE BENEFIT TAX ? a) CONCESSIONAL TICKET PROVIDED BY
THE EMPLOYER FOR PRIVATE JOURNEY OF An EMPLOYEE AND HIS
FAMILY MEMBERS. b) GIFTS AND SCHOLARSHIP.
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Answer Posted / frederick sarpong brent
Liquidity of a firm is its ability to meet its expenses for
the day to day runing of the firm through the convertion of
liquid assets. the liquidity of a firm has abearing on the
profitability of the firm.
MERGER: It is the combination of two or more firms.
ACQUISITION: This occurs when a firm acquires the assets
and liabilities of another firm. For example, if FRED
Enterprise acuires the assets and Liabilities of XYZ
Enterprise, then we say FRED Ent. has acquired XYZ ent. The
result is that FRED Ent becomes the owner of XYZ Ent.
AMALGAMATION: this results when two or more firms combine
to form a single firm. In amalgamation, the firms joining
together losess its identity after joining to form a new
firm.
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