Resources Owned or Controlled by a Company That Are Expected

question 117

Multiple Choice

Resources owned or controlled by a company that are expected to yield benefits are:

• A)Assets
• B)Revenues
• C)Liabilities
• D)Stockholder's Equity
• E)Expenses

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Definitions:

Present-Value Equivalent

A calculated amount representing the current value of a future sum of money or stream of cash flows, given a specified rate of return.

Cost of Funds

The interest rate that banks and other financial institutions pay for the use of funds deposited in their accounts by savers or obtained from other external sources.

ROI

Return on Investment, a financial metric used to measure the efficiency or profitability of an investment.

Net Income

The total profit of a company after all expenses, taxes, and costs have been subtracted from total revenue, indicating the company's financial health over a period.