Author Question: Current liabilities are debts of the firm that will be due within: A) three months. B) six ... (Read 51 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?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Did you know?

Your heart beats over 36 million times a year.

Did you know?

Sildenafil (Viagra®) has two actions that may be of consequence in patients with heart disease. It can lower the blood pressure, and it can interact with nitrates. It should never be used in patients who are taking nitrates.

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

For a complete list of videos, visit our video library