Question

what is AP, CAP, CP E MCQ, ME P and Q means on the study of Financial Accounting by Livy, Livy

Answer 1

AP- Accounts Payable Money owed for a good or service purchased on credit. Accounts payable are a current liability for a companyand are expected to be paid within a short amount of time, often 10, 30, or 90 days.

CAP

A cap is an interest rate limit on a variable rate credit product. It is the highest possible rate a borrower may have to pay and also the highest rate a creditor can earn. Interest rate cap terms will be outlined in a lending contract or investment prospectus.

CP-Commercial paper

Shortterm promissory notes either unsecured or backed by assets such as loans or mortgages issued by acorporation. The maturity of commercialpaper is typically less than 270 days; the most common maturity range is30 to 50 days or less.

E- Earnings

Earnings typically refer to after-tax net income, sometimes known as the bottom line, or a company's profits. Earnings are the main determinant of a company's share price, because earnings and the circumstances relating to them can indicate whether the business will be profitable and successful in the long run.

P- Price

The value of a thing with real or perceived worth.

Q-Quantity

Quantity demanded is a term used in finance to describe the total amount of goods or services demanded at any given point in time. It depends on the price of a good or service in the marketplace, regardless of whether that market is in equilibrium