The portion of bonds or notes payable that is due within one year is reported as a(n)

Business

1 answer:

Murrr4er [49]3 years ago

3 0

Answer:

c.current liability on the balance sheet

Explanation:

Current liabilities are the debts that a business owes to outsiders and are due for payments within the current financial year. They are obligations that need to be settled using current assets. A business must keep a close watch of current liabilities and current assets to ensure it can pay its obligations as they become due.

Examples of current liabilities include accounts payable, declared dividends payable, loan interest payble, salaries, and portions of long term debts that are due for payment in the current financial year. Current liabilities are recorded top on the liabilities side of a balance sheet.

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In the field of economics, the additional cost associated with one more unit of something is called a(n)?

antoniya [11.8K]

In the field of economics, the additional cost associated with one more unit of something is called a(n) marginal cost.

This is further explained below.

<h3>What is marginal cost.?</h3>

Generally, The change in the overall cost that occurs as a result of an increase in the amount produced is referred to as the marginal cost.

This is also referred to as the cost of producing an extra quantity.

In conclusion, In the study of economics, the term "marginal cost" refers to the extra expense incurred by producing one more unit of a certain product or service.