Bonds payable that are <u>long-term obligations</u> are typically recorded on the balance sheet.
<h3><u>How do long-term liabilities work?</u></h3>
Long-term liabilities are debts owed by a business that won't be paid off for at least a year. To give a clearer picture of a company's present liquidity and its capacity to meet its obligations as they come due, the current part of long-term debt is broken out separately from other debt.
Long-term liabilities are also referred to as noncurrent liabilities or long-term debt. The balance sheet's part that may include debentures, loans, deferred tax liabilities, and pension obligations is where long-term liabilities are stated following more immediate liabilities.
Liabilities that are greater than one year in duration or that are not due within the next 12 months are referred to as long-term liabilities. The time it takes a business to convert its inventory into cash is known as its operational cycle.
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Answer:
Imports
Explanation:
Dominique owns an international grocery store, the World Food Market, where customers can purchase foods and canned goods from other countries. World Food Market is an example of a company that imports. Dominique imports products from different countries and make them available to its customers on their shelves. They have to buy those products from different sources. For this purpose, they have to put large amount of efforts in order to contact the foreign vendors and get their product imported in their country and ultimately at their store by spending costs and efforts. By importing products from other country, they can provide large product assortment to their customers.
Answer:
The false statement is letter "C": Stratification of the population into several homogeneous sub-populations generally reduces audit efficiency.
Explanation:
Stratification is the method of grouping a population into subpopulations, with each group of units having similar characteristics. The efficiency of audits can be increased if the auditor stratifies a population by grouping it into different sub-populations since the variability of items will be reduced.
Answer:
The correct answer is option a.
Explanation:
Unfavorable weather in the orange groves of California will adversely affect the production of oranges. This will cause a reduction in the supply of oranges. As a result, the price of oranges will decline.
Now, these oranges are used as input in making orange juice. The increase in input price will lead to an increase in the cost of production. This will further lead to a decrease in the supply of orange juice. Consequently, the equilibrium price of orange juice will increase.
Answer: D.I, II, III, and IV .
Explanation:
Hedge Funds are a form of Financial Partnerships where people pool money together and invest in various instruments. What sets them apart from Mutual funds is that they legally have the right to invest in just about anything, and they do.
Hedge Funds are very Aggressive in investing because they aim to make above average profits for their partners and indeed the only thing that normally reduces their investment scope is their own mandate or set limitations.
As such Hedge funds are allowed to invest in futures and options, merger arbitrage, currency contracts, and companies undergoing Chapter 11 restructuring and reorganization etcetera.
