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brilliants [131]
3 years ago
15

Current liabilities are obligations that are reasonably expected to be paid from Existing Creation of Other Current Assets Curre

nt Liabilities a. No No b. Yes Yes c. Yes No d. No Yes
Business
1 answer:
Alex73 [517]3 years ago
5 0

Answer:

The answer is option C) Yes No

Explanation:

Current liabilities are obligations that are reasonably expected to be paid from Existing Creation of Other Current Assets and not current liabilities.

This is because, Current liabilities are short term liabilities due within a year. They include accounts payable, short term debt and overdraft. This means that payment can only be generated by current assets.

Current assets are also short term assets with a life span of on year. They include accounts receivable an cash.

Therefore, Yes, Current liabilities are obligations that are reasonably expected to be paid from Existing Creation of Other Current Assets.

And No, Current liabilities are obligations that are not expected to be paid from Existing Creation of Other Current Liabilities.

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Answer: 7%

Explanation:

Given data:

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= 200

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In some instances accounting principles require a departure from valuing inventories at cost alone. Determine the proper unit in
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Answer:

1   $12.80

2   $16.10

3   $13.00

4   $9.20

5   $15.90

Explanation:

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Cost is the original purchase price while the net realizable value is the estimated selling price less of costs to complete and costs to sell as computed in the attached file.

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You should indicate that you are available for an interview in which part of a cover letter?
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