1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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.

You might be interested in
Besides possibly paying the premiums for a medical insurance plan, the insured is almost always responsible for making Other, ou
Rus_ich [418]

Answer: b. Internal limits

Explanation:

Sometimes there will be internal limits on a policy which will usually be less than the general policy limits so as to limit the amount the insurance company will pay on certain goods such as surgical procedures.

This is therefore the relevant provision here because there is probably a cap on the amount that Deion's insurance company will pay on the surgery but as Deion was within acceptable costs, he won't have to pay for passing any internal limits.

4 0
3 years ago
Suppose that a young couple has just had their first baby and they wish to ensure that enough money will be available to pay for
dybincka [34]

The parents would deposit $ 3150 on the second birthday.

Explanation:

The initial amount deposited on the first birthday- $ 3000

Incremental % for each year deposit- 5 %

Rate of Interest provided by the education savings account- 6%

The term for which they would be depositing- 18 years (until the baby turns of 18 years means 18 annual instalments)

The amount that parents would deposit on the second birthday-

The amount deposited by parents would be 5% more than the amount deposited by them on the previous birthday

Hence incremental amount would be 5% of 3000

(5/100) *3000= $ 150

The amount that would be deposited on 2nd birthday would be 3000+150= $ 3150

3 0
3 years ago
Wiley Hill opened Hill's Repairs on March 1 of the current year. During March, the following transactions occurred: Wiley invest
pochemuha

Answer:

Detailed solution is given below:

5 0
4 years ago
Able Company’s unit manufacturing cost is:Variable Costs $50Fixed Costs 25A special order for 1,000 units has been received from
wel

Answer:

The correct answer is B.

Explanation:

Giving the following information:

Unitary cost:

Variable Costs= $50

Fixed Costs= $25

A special order for 1,000 units has been received from a foreign company. The unit price requested is $55.

If the order is accepted, unit variable costs will increase by $2 for additional freight costs.

Because it is a special offer, we will not take into account the fixed costs.

Unitary cost= 50 + 2= $52

Effect on income= 1,000*(55 - 52)= $3,000 increase

5 0
3 years ago
Which feature would clickstream analysis typically capture
Hatshy [7]

Answer:

A.

eye color of the consumer

B.

typing speed of the consumer

C.

model of the mouse on the consumer’s machine

D.

last web page the consumer visited

Explanation:

8 0
3 years ago
Read 2 more answers
Other questions:
  • When Coca-Cola launched a differing soda product line that includes: regular coke, cherry coke, vanilla coke, coke zero, etc. ne
    7·1 answer
  • The utility of a good or service 1. is synonymous with usefulness. 2. is the satisfaction or pleasure one gets from consuming it
    13·1 answer
  • Adjustments help to ensure that all revenues are recorded in the period in which they are:______
    13·1 answer
  • Which aspect might be the first to affect a candidate’s first impression on a potential employer before the interview process be
    15·1 answer
  • Why shouldn’t applicants to job openings send their cover letter as an attachment in an e-mail? When would it be acceptable to s
    5·1 answer
  • Which of the following statements is​ FALSE? A. When computing the incremental earnings of an investment​ decision, we should in
    11·1 answer
  • Firms often use _____ advertising to convince consumers to take action such as switching brands, trying a new product, or even c
    12·1 answer
  • Private enterprise is run mainly to?
    7·1 answer
  • Explain how Nike came to that situation through its expansion strategy
    6·1 answer
  • How to calculate moving average method
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!