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Please answer both questions: Question 1: Current assets and most current liabil

ID: 2733757 • Letter: P

Question

Please answer both questions:

Question 1:

Current assets and most current liabilities are considered to be spontaneously generated when it comes to financial forecasting. What is meant by spontaneously generated?

Question 2:

A majority of corporations that have been in existence for a number of years have financed a majority of their assets through the use of retained earnings. The use of debt by a corporation has a cost through the form of interest charges. Is there a related cost associated with retained earnings or is it considered to be a “free financing” choice?

Explanation / Answer

Q1. The term spontaneously generated related to current assest and laibilities means genearation of current assets and liabilities as and when required i.e., immediately when ever there is a need to generate.

Q2. The related cost associated with retained earnings is the return required by the share holders of the company.