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yawa3891 [41]
3 years ago
12

A long-term liability should be reported as a current liability in a classified balance sheet if the long-term debt: Is callable

by the creditor. Will be refinanced with stock. Is secured by adequate collateral. Will be refinanced with debt.
Business
1 answer:
Eddi Din [679]3 years ago
6 0

Answer:

A long-term liability should be reported as a current liability in a classified balance sheet if the long-term debt: Is callable by the creditor - Will be refinanced with stock.

Option A is the correct answer.

Explanation:  

Generally, a short term liability is required to be paid by the company within a period of 1 year. Nevertheless, if the liability is callable the creditor, the company is not required to pay the liability within a year.

Thus, in this instance, a current liability can be detailed as a long term debt in the balance sheet.

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ra1l [238]

Answer:

Supplier dependence

Explanation:

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It is very risky for an entity to depend on a particular source for input. This reverse order of an entity depending on the supplier for business strategy instead of the supplier depending on the entity is not a good business practice.

It’s easy for our own strategy to be determined by what our suppliers are doing. If we become too dependent, we risk having our strategy set by our suppliers rather than having them support our strategy. I’ve been thinking a lot here recently about how much suppliers can direct you  

3 0
3 years ago
Many new restaurants have opened in collegetown in recent years. given this change in supply, what type of demand would result f
melamori03 [73]
The answer is Inelastic Demand. Hope this helps!!!
Have a great day!!

6 0
3 years ago
"A 45-year old man earns $150,000 per year and is covered by his employer's 401(k) Plan. He quits" his job and moves to a new co
DaniilM [7]

Answer:

Not to leave previous job.

Explanation:

  • First of all, the question is that what he will lose after leaving the job?
  • His earning per year is equal at both sides, still what's the opportunity cost for him?

<em>The answer is simple,</em> he may earn equal but if looked at it in a bigger picture he is losing 401k retirement plan and It is his opportunity cost. He may regret this after leaving the job.

7 0
4 years ago
Accounting assessment q15/15 assigning indirect costs to specific jobs is completed by _____.assigning indirect costs to specifi
borishaifa [10]

Assigning indirect costs to specific jobs is completed by D. applying indirect costs to work in process.

<h3>What are indirect costs?</h3>

Indirect costs are costs that are not directly traceable to cost objects (e.g. a job, product, or service unit).

Indirect costs are overheads incurred as a result of a business activity but without direct impact.  For example, utilities, office supplies, etc. are all indirect costs.

Thus, assigning indirect costs to specific jobs is completed by D. applying indirect costs to work in process.

Learn more about indirect costs at brainly.com/question/24762880

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2 years ago
The actual inventory holding cost incurred by an item depends on how long it actually spends in inventory.
svlad2 [7]
True. <span>The actual inventory holding cost incurred by an item depends on how long it actually spends in inventory. Holding costs are costs that happen when the inventory stays put and does not sell. The costs are calculated into the inventory costs along side of ordering and shortage costs. Holding costs can include the goods being damaged or spoiling due to the length of being held. Since they can be held for 5 days or 100 days (example) the total cost that is held depends on the length the items were held for. </span>
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