Answer: Option B
Explanation: In simple words, current liabilities refers to the obligations and promises that an entity has to pay within a year. These liabilities usually arise due to the need of an organisation to fulfill their short term requirements to operate the business efficiently.
These liabilities are of critical in nature as they directly affects the liquidity of the business. In the given case, sales tax payable is the only obligation that must be fulfilled with a year. Hence it is a current liability.
Answer:
The Threat of New Entrants exerts a significant influence on the ability of current companies to generate a profit Gross Profit Gross profit is the direct profit left over after deducting the cost of goods sold, or cost of sales, from sales revenue. It's used to calculate the gross profit margin
Explanation:
Answer:
C. disposing of long minus lived assets for non cash proceeds
Explanation:
As we know that
Cash flow statement deals with the cash inflow and cash outflow of cash payments which increase or decrease the cash balance.
In another words, the inflow of cash increases the cash balance whereas the outflow of cash is decreases the cash balance
It includes operating activities, investing activities, and the financing activities.
Since all the given options includes the cash transactions except c.
The answer is Pool Cleaning Systems. The relevant market product is Pool Cleaning System. It is engineered to clean the entire pool, including floors, steps, benches, even spas. Nozzles pop up consecutively to direct a power jet of water to direct debris towards the MDX-R3 drain.
Answer: C. government cannot have buying power
Explanation: