1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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.

You might be interested in
Sales of cases of bottled water are up 7% from last year. You sold 900 cases of bottled water last year. Based on current percen
Step2247 [10]

Answer:

1,180 cases

Explanation:

The applicable formula in this case is the formula for calculating future value.

A = P x ( 1 + r)^n

where A is the number of cases after 3 years

P is the number of case sold this year

r is percentage increase: 7 %

n is the number of periods : 3 years

Number of cases sold this year = 900 Plus 7% of 900

=107% x 900

=1.07 x 900

=963

A = 963 x ( 1 +7/100)^3

A= 963 x( 1.07 )^3

A =963 x 1.225043

A =1,179.716

A= 1,180 cases

Number of cases = 1,180

4 0
3 years ago
List fol<br> Fuel<br> Products<br> from Plants
zmey [24]

Answer:

fol??? I don't understand the question. Probably you had a typo?????

Explanation:

sorry

3 0
4 years ago
Which of the following is not a way to accomplish an activity cost reduction? a.improve operations so that the activity-base usa
maw [93]

Answer:

b. use lower-cost materials

Explanation:

In Accounting, costing is the measurement of the cost of production of goods and services by assessing the fixed costs and variable costs associated with each step of production.

Production costs can be categorized as;

1. Variable costs: these are costs that usually change with respect to changes in the level of production or output. Examples are direct labor, maintenance of equipment or machines, raw materials costs etc.

2. Fixed costs: these are the costs which are not directly related to the level of production or not affected by the quantity of output in an organization. Examples are rent, depreciation, administrative cost, research and development costs, marketing costs etc.

Some of the ways to accomplish activity cost reduction are;

I. The operations of a business firm should be improved in order to make the activity-base usage per unit to be reduced.

II. The classification of employees doing an activity should be changed so as to decrease the activity rate.

5 0
3 years ago
The adjusted account balance of Spooky Town Internal Service Fund on June 30, 2016, was as follows: Cash $4,000 Receivable from
gladu [14]

Answer:

Explanation:

assets:Cash95,000Accounts receivable47,000Due from general fund40,000Materials and supplies18,000Total current assets200,000Noncurrent assets:Capital assets700,000Total noncurrent assets700,000Total assets900,000LiabilitiesCurrent liabilities:Accounts payable115,000Accrued interest payable4,000Total current liabilities119,000Noncurrent liabilities:Revenue bonds payable625,000Total noncurrent liabilities625,000Total liabilities744,000Net PositionNet investment in capital assets30,000Unrestricted69,000Total net position99,000

7 0
3 years ago
Suppose that, on the basis of a nation’s production possibilities curve, an economy must sacrifice 10,000 pizzas domestically to
Margaret [11]

Answer:

B. The input gains from greater international specialization and trade are the equivalent of economic growth.

Explanation:

If a country moves outside its production possibilities curve, the country has experienced economic growth, precisely because it has increased the amount of goods it can produce according to the production possibilities curve.

International trade thus facilitates economic growth because it makes each country focus on the production of the goods that have the lower opportunity cost, and therefore, use the country's resources more efficiently. This, added to technological improvements, can help a country's economy become larger in both the short and long-term.

4 0
3 years ago
Other questions:
  • The process of labor is an example of a positive feedback loop, because
    14·1 answer
  • A company's Inventory balance at the end of the year was $197,000 and $210,000 at at the beginning of the year. Its Accounts Pay
    6·1 answer
  • Sunland Company incurs the following costs to produce 11400 units of a subcomponent: Direct materials $9576 Direct labor 12882 V
    5·1 answer
  • What is revolving credit?
    15·1 answer
  • If the inflation rate was 3.00% and the nominal interest rate was 8.00% over the last year, what was the real rate of interest o
    7·1 answer
  • What should I do for my biology experiment?
    8·1 answer
  • Compare and contrast the goals of command and mixed
    5·2 answers
  • Grimm Manufacturing is trying to determine the equivalent units for conversion costs with 15,000 units of ending work in process
    12·1 answer
  • Need answer ASAP if in next 5mins I'll name first answer brainliest
    5·1 answer
  • Which will increase GDP the most: 1 pound of whole apples priced at $1.99/pound, or a
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!