Answer:
The answer is D.
Explanation:
Current liability is the obligation or liability that are due within a year(12months). Example, accounts payable
Long-term liability is the obligation that has a life span of more than a year(i.e it takes more than a year to settle them). Example, bonds.
The opening balance for debt January 1 2022 is $68 million.
$14 million is a curren asset asset because it will be repaid within 2022 calendar year(within a year) while $54million($68 million - $14million) will definitely be a long-term liability.
Answer:
P = 40 - <u>2</u>QD
Explanation:
Given;
QD = 20-0.5P ................................. (1)
FFrom equation (1), we can now solve for P by first rearranging as follows:
0.5P = = 20 - QD
Divide through by 0.5, we have:
(0.5 / 0.5)P = (20 / 0.5) - (1 / 0.5)QD
P = 40 - 2QD
Therefore, the missing value is 2 and the answer is given as follows:
P = 40 - <u>2</u>QD
The rate of interest the Federal Reserve charges banks for short-term loans is called the
discount rate.
