Author Question: Current liabilities are debts of the firm that will be due within: A) three months. B) six ... (Read 24 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?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

For a complete list of videos, visit our video library