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Marrrta [24]
3 years ago
12

Current liabilities are those obligations that are payable within ______ or the operating cycle whichever is ____.

Business
1 answer:
Alika [10]3 years ago
3 0

Answer: one year; longer

Explanation:

<em>Current liabilities are those obligations that are payable within </em><em><u>one year </u></em><em>or the operating cycle whichever is </em><em><u>longer</u></em><em>.</em>

Current Liabilities are debt that a company owes that are due usually within a year but if the operating cycle of the business is longer then current liabilities will be those owed for the operating cycle.

Examples include; Accounts Payable, Interest payable, Income taxes payable and bank overdrafts.

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Answer:

True

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Answer:

Liquid assets may be cash or property that can readily be converted to cash without a substantial loss in value. While on the other hand, Illiquid or fixed assets are possessions of value that are held long-term such as a home, land or equipment.

Hope this helps

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A person is taking a poll to determine the most popular movie in his neighborhood. he decides to stand outside the local theater
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4 years ago
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Answer:

All of the above can prevent the spread of infections

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