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Bond [772]
3 years ago
8

(True) or (False)? A long-term liability that has a portion of it due in the current year should have part reported on the balan

ce sheet as a current liability, with the rest reported on the balance sheet as a long-term liability. Group of answer choices
Business
1 answer:
QveST [7]3 years ago
4 0

Answer:

True

Explanation:

The liability that has an obligation to pay the debt within 12 month is known as the current liabilities but the obligation to pay the debt above 12 months is known as long term liability

So if the portion of its due in the current year so the same is considered as current liability and rest would be recorded as a long term liability

Hence, the given statement is true

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Mason prepares a status report his client has requested. The project is on schedule and going well. Since there isn't any bad ne
lutik1710 [3]

Answer:

The correct answers are letters "A" and "B": Your project is unimportant; I am unprofessional.

Explanation:

In business writing, it is very important to be <em>concise, clear, </em>and <em>professional</em>. Mason is showing none of that by sending a report using an old template without dedicating some minutes to review the content before sending the message. Mason's <em>unprofessional </em>behavior is reflected in not even changing the title of the report which is one of the most visible areas of the file. Under those circumstances, <em>the client may just believe making his report is not important for Mason</em>.

6 0
3 years ago
SCENARIO 9.7: Julio borrowed $80,000 from his great aunt to open a coffee stand at a local flea market. He agrees to pay his gre
leva [86]

Answer:

$20,000

$80,000

Explanation:

Fixed cost is the cost that does not vary with output.

Fixed costs = cost of interest + other yearly fixed cost

(0.05 x $80,000) + $16,000= $20,000

Total cost is the sum of fixed and variable cost.

Variable cost is the cost that varies with output. If output is zero, variable cost would be zero.

Total cost = fixed cost + variable cost

= $20,000 + $60,000 = $80,000

5 0
3 years ago
I will mark you as brainliest!
Shalnov [3]

Answer:

A. Product and Promotion development

Explanation:

8 0
3 years ago
Ed bostrom wants to reduce his fixed expenses. which action would be appropriate? group of answer choices
vodomira [7]

Ed Bostrom wants to reduce the fixed expenses he has to find a  place to live with a lower rent

An expense is an item that generally requires an outflow of money or some form of property to another person or group in payment for an item, service, or another category of expense. For tenants, rent is an expense. For students and parents, teaching is a cost. Buying groceries, clothes, furniture, or a car is often referred to as an expense.

Expenses are expenses that are usually "paid" or "remitted" in exchange for something of value. What looks tall is "high". Anything that looks cheap is "cheap". "Dinner Expenses" means expenses such as meals, snacks, and feasts.

Learn more about expenses here

brainly.com/question/8225307

#SPJ4

7 0
2 years ago
How did the geographic location of harappa affect trade?
Goryan [66]

Answer:

The city was convenient for trading opportunities.

Explanation:

4 0
3 years ago
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