Author Question: Current liabilities are debts of the firm that will be due within: A) three months. B) six ... (Read 54 times)

lilldybug07

  • Hero Member
  • *****
  • Posts: 546
Current liabilities are debts of the firm that will be due within:
 
  A) three months.
  B) six months.
  C) one year.
  D) two years.

Question 2

Which of the following would not be considered a current asset?
 
  A) long-term investments
  B) cash
  C) accounts receivable
  D) marketable securities



akemokai

  • Sr. Member
  • ****
  • Posts: 347
Answer to Question 1

C

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

For a complete list of videos, visit our video library