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nadezda [96]
2 years ago
13

In order for a liability to be classified as a current liability, it must be a debt that the company:.

Business
1 answer:
Eddi Din [679]2 years ago
5 0

Answer:

In order for a liability to be classified as a current liability, it must be a debt that the company expects to pay from existing current assets or through the creation of other current liabilities.

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Understanding your money and how to keep it moving in a positive direction is another way of ____________________________.
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Understanding your money and how to keep it moving in a positive direction is another way of <u>Generating </u><u>Positive</u><u> </u><u>Cash</u><u> </u><u>Flow</u>.

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We can see, highlighted in blue, that JC Penney acquired an inflow of coins from borrowings of a credit facility together with extra coins from new lengthy-term debt. In different phrases, the employer nevertheless posted a loss for the period but received sufficient coins from borrowing to offset the loss and create Positive Cash Flow.

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