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3 years ago

Examples of current liabilities are all of the following except

Business

1 answer:

Sladkaya [172]3 years ago

6 0

Answer:

d. accounts receivable.

Explanation:

We know that

The current assets = Cash and cash equivalents + Short-term investments + Notes receivable + Inventories + Prepaid expenses and other related current assets

And, current liabilities comprise of

= Short-term note payable + Accounts payable + current portion of long-term debt

The duration of the current asset and the current liabilities within one year.

Therefore, the account receivable is not an example of current liabilities.

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Which of the following items would be subtracted from net income when reporting cash flows from operating activities, using the

BigorU [14]

Answer:

The correct answer is Increase in accounts payable and unearned fees.

Explanation:

An account payable consists of a debt incurred by the company directly related to the economic activity of the company. An account payable is a debtor account in a company and indicates that it has to pay its suppliers (or other creditors).

The amounts that are accounted for as accounts payable come from the purchase of goods or services in terms of credit. So, accounts payable are similar to credits with the difference that banks are not involved.

5 0

4 years ago

An analyst with a leading investment bank tracks the stock of Mandalays Inc. According to her estimations, the value of Mandalay

V125BC [204]

Answer:

b. Overvalued

Explanation:

Overvalued stocks are securities that trade higher than their fair market value, i.e. the value that the company's fundamentals, such as earnings or revenues justify.

4 0

3 years ago

The Durham-Mills Self-Administering Test of Mental Ability was the first group-administered mental ability test to have widespre

forsale [732]

Answer:

False

Explanation:

The Otis Self-Administering Test of Mental Ability was the first group-administered mental ability test to have widespread use in industry.

This test was first developed in 1922 by Arthur Otis. It was first designed to measure students' general school abilities. Otis's first tests were designed for the Army in 1917 and were known as the Alpha tests (for those who could read) and the Beta tests (for those who couldn't read).

7 0

3 years ago

A group of farmers agreed that if any farmer suffered a property loss, the loss would be spread over the entire group. In this w

mixas84 [53]

Answer:

pooling losses

Explanation:

This agreement embodies the concept of pooling losses. In this concept, each individual loss is spread over to the entire group. In order for this arrangement to be effective, a large number of farmers are required, so whenever a farmer suffers a loss, it will be mitigated due to the pooling over the large group.

8 0

3 years ago

If ten years ago the price of a movie ticket was $5 and the average hourly wage was $10, and today the price of a movie ticket i

adelina 88 [10]

Answer:

It means movies are relatively cheaper than working hours

Explanation:

In order to estimate the relativity of the two activities, there is a need to compare the changes over ten years

1. 10 years ago, Movie ticket= $5, 10 Years later Movie ticket= $8, the 10 year difference is $3

2. 10 years ago, average hourly wage = $10, 10 years later, average hourly wage = $20, the 10 year difference is $10

First, it means for the $3 change in movie ticket cost, there was a $10 change in the average hourly wage.

Put differently, while movie ticket got a 60% increase in price 3/5 x 100=60%

Average hourly wage got 100% increase 10/10 x 100= 100%

It means that working hours got more expensive and movie tickets got cheaper

8 0

4 years ago