All categories

2 years ago

Debts listed as current liabilities are those that

Business

1 answer:

Andru [333]2 years ago

6 0

Debts that will be paid off in less than a year are those that are categorized as current liabilities.

<h3>What are debts?</h3>

A party, the debtor, is obligated by debt to pay another person, the creditor, money or another agreed-upon value. Debt differs from an immediate purchase in that it requires a deferred payment or series of payments.

The debt may be due to a sovereign state or nation, a local government, a business, or a person. The quantity and timing of principal and interest repayments on commercial debt are often governed by contractual agreements.

Debt comes in many forms, including loans, bonds, notes, and mortgages. Debt is a sort of financial transaction in financial accounting, as opposed to equity.

Learn more about debts, from:

brainly.com/question/27954015

#SPJ1

You might be interested in

A group of ten UIC professors each contributed an equal amount to the purchase of a State of Illinois Lottery ticket. Two of the

Bogdan [553]

Answer:

Total cost of Ticket = $96

Explanation:

Provided information,

Total number of people buying lottery ticket in a joint contribution = 10

Two people withdraw being short of funds, therefore people buying such ticket = 8

Revised share increase by $2.40 each.

Total increase = $2.40 $\times$ 8 = $19.20

Just because 2 people withdraw, thus earlier contribution per person = $19.20/2 = $9.60

Therefore, total cost of ticket = $9.60 $\times$ 10 = $96

3 0

4 years ago

How does the dynamic model of aggregate supply and aggregate demand explain inflation? A. by showing that if total spending in

boyakko [2]

Answer:

The correct answer is option A.

Explanation:

The dynamic model of aggregate supply and aggregate demand shows that if an economy the total spending in the economy increases faster than total production, there will be a shortage. This shortage will cause the price level to increase and will ultimately lead to inflation.

When the increase in aggregate demand is greater than the increase in aggregate supply, it will create a shortage in the economy. The demand for goods and services will be more than the supply of goods and services. This will cause the price level to increase.

4 0

3 years ago

Piper Corporation, which manufactures dog toys, is developing direct labor standards. The basic direct labor rate is $ 12.68$1

NeTakaya

Answer:

option (D) $21.66

Explanation:

Data provided in the question:

Basic direct labor rate per hour = $12.68

Payroll taxes = 13% of basic direct labor rate

Fringe benefits per hour = $7.33

Now,

The standard rate per direct labor hour

= Basic direct labor rate per hour + Payroll taxes + Fringe benefits per hour

= $12.68 + ( 13% of $12.68 ) + $7.33

= $12.68 + $1.6484 + $7.33

= $21.6584 or $21.66

Hence,

The correct answer is option (D) $21.66

4 0

3 years ago

A zero coupon bond: is sold at a large premium. can only be issued by the U.S. Treasury. has a market price that is computed usi

kupik [55]

Answer:

A zero coupon bond:

A. is sold at a large premium.

B. has a price equal to the future value of the face amount given a positive rate of return.

C. can only be issued by the U.S. Treasury.

D. has less interest rate risk than a comparable coupon bond.

E. has a market price that is computed using semiannual compounding of interest.

Answer is : B

Explanation:

In classification of bonds we have a unique type of bond known as Zero-coupon bonds also know as Pure discount bonds, unlike traditional bonds they don’t pay coupon instead they are sold on discount basis and on maturity the bondholder receive a par value, for this reason the price will be at a discount on sale and on maturity be redeemed at par price showing a positive rate of return.

5 0

4 years ago

Which action would most likely cause the equal employment opportunity commission to intervene?

Alenkasestr [34]

Answer;
The action that would most likely cause the Equal employment opportunity commission to intervene;
- A company posts an ad looking to hire a male computer programmer.

Explanation;
Equal employment opportunity entails the provision of equal opportunity for employment and advancement within a company or an organization to all individuals, including those that fall under the protected classes. The protected classes include, race, color, age, national origin, disability, reprisal and sex.

6 0

4 years ago

Read 2 more answers