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What decreases basis?
The basis of an asset decreases when there is a deductible expense related to the asset, such as depreciation or depletion. Additionally, a decrease in the basis may occur if the asset is sold or if there is a tax-deductible loss associated with the asset.
What does the following mean There are no riches above a sound body?
This phrase means that good health is the most valuable asset a person can have, even more so than wealth or material possessions. It emphasizes the importance of taking care of one's physical well-being.
What is the definition of net liquid in the context of financial assets?
Net liquid in the context of financial assets refers to the total value of an asset after subtracting any liabilities or debts associated with it. It represents the amount of money that would be available if the asset were to be sold or liquidated.
Why is density considered to be a property?
Density is considered a property because it describes the relationship between an object's mass and volume, which remains constant regardless of the object's size. It is a characteristic that helps identify and distinguish different materials based on their mass per unit volume.
What does gamma stand for what does it mean?
Gamma is the third letter of the Greek alphabet. In the context of finance and investments, gamma represents the rate of change in an option's delta for a one-point change in the price of the underlying asset. It measures how fast the option's delta will change as the price of the underlying asset moves.
What is difference between fixed asset and inventory?
What is the difference between fixed asset and inventory
The difference between the cost of an asset and the accumulated depreciation for that asset is called?
Book Value is the difference between the cost of an asset and the accumulated depreciation of that asset.
Differentiate between net asset aur current asset?
Working capitol is the difference between net asset and current asset.
What is the difference between an expense and an asset?
An asset will have benefits extending into the next accounting period
What is difference between fixed asset and non current asset in detail?
assests means
What is the difference between physical assets and financial assets?
A physical asset is something tangible that is owned such as equipment, cash, and inventory. Financial assets refer to things such as stocks and bonds, which have value but are not tangible.
What is the difference between current asset and liquid asset?
liquid asset can be converted into cash within a very short span of time...
What is the difference between asset management and private banking?
The difference between asset management and private banking is the source of the money. In asset management, the money comes from financial and insurance companies as well as certain funds. In private banking, the money is from individuals.
What is the difference between accumulated depreciation and an depreciable asset?
Depreciable asset - accumulated depraecation = net of Depreciable asset (PPE) Which is the reported PPE(net)
What is the difference between real asset and financial aseet?
fair and ethics
What is the difference between asset based lending and cash flow based lending?
The difference between asset based lending and cash flow based lending is that asset based uses things you own, while cash flow means what you earn in a month.
What is the difference between an RFP and an RFA?
A request for proposal is made by a company interested in procurement of a commodity, service of asset. A request for application is to outline services available and how applications are submitted.
