What are liabilities that will be due within a short time (usually one year or less) and that are to be paid out of current assets called? Group of answer choices equity liabilities current liabilities fixed liabilities contra liabilities

Q: Financing activities involve O acquiring long-lived assets. O lending money. O acquiring…

A: Financing activities transactions like borrowing, issue of stock, issue of bonds, the redemption of…

Q: What is an example of Long Term debt? Why?

A: We have to explain ling term debt by an example.

Q: the final or future value of an investment the compounding periods of a loan or investment the value…

A: The final or future value of an investment is called amount. The compounding periods of a loan or…

Q: The market which deals with short term financial assets Select one: a. Commercial Market b. Primary…

A: Financial assets are a kind of liquid asset that generates its value from a contract that provides…

Q: which of the followings is considered as long term liability :Select one .a mortgage payable .b…

A: a. mortgage payable is the right answer. Other option are incorrect as they are short term…

Q: Examples of Current liabilities includes accounts payable, accruals and other short-term liabilities…

A: Current Liabilities are the liabilities (payments) that the company has to pay within a year. These…

Q: Difference between current and long term liabilities?

A: Liabilities: The claims creditors have over assets or resources of a company are referred to as…

Q: Explain Current maturities of long-term debt.

A: Current maturities of long-term debt (CMLTD): It refers to such short-term obligations of the…

Q: Define amortization period.

A: Amortization: Amortization is a process in which the cost of intangible assets is spread equally…

Q: How are held-to-maturity investments reported on the financial statements?

A:

Q: The work sheet for Babson's Seafood, a business owned by B. B. Babson, is provided. Year-end…

A: The financial statements of the business include the income statement and balance sheet of the firm.

Q: Charges in the fair value of the effective portion of a hedging financial instrument are recognized…

A: Fair value hedge - It is related to a fixed value item and the fair value changes to hedging…

Q: Identify whether the following elements are elements under U.S. GAAP, IFRS, or both, and…

A: U.S GAAP means generally accepted accounting principles formed in united states country. IFRS means…

Q: What disclosures are required relative to long-term debtand sinking fund requirements?

A: Long-term debt is the amount owned by the company for a period of one year from the date of the…

Q: perlod of a loan or investment

A: Compounding period and period of loan are interrelated to each other.

Q: istinguish between current and long-term liabilities

A: Current Liabilities: Current liabilities also known as short term liabilities. The liabilities which…

Q: Debt securities sold to investors that must be repaid at a particular date in the future

A: ANSWER   Debt securities sold to investors that must be repaid at a particular date in the future is

Q: The current asset financing policy that calls for matching the maturities of assets with the…

A: The correct answer is "D. Self-liquidating approach"The self-liquidating approach matches current…

Q: What two types of current assets are frequently used as security for short-term loans?

A: Short term loans are generally obtained by companies in order to support their temporary business…

Q: Most companies pay current liabilities Select one: a. out of current assets. b. by issuing…

A: Current liability: Current liability refers to any form of liability of the organization for a term…

Q: The "net book values" of fixed assets are stated on the balance sheet. Are these figures close to…

A: The Answer

Q: GAAP measurement requirement for Long-term Liabilities, not Current Liabilities     Book value…

A: Long term liabilities also known as Non current liabilities are long term financial obligations.…

Q: The currently maturing portion of long-term debt should be classified as a current liability if the…

A: Answer: The currently maturing portion of long term debt should be classified as current liability…

Q: ________ are long-term debt instrument that promise a fixed income in the form of interest.

A: Debt instrument is a way of financing which can guarantee a fixed income, hence a less risky…

Q: The return on plan assets   a.is the change in the fair value of the plan assets during the year. b.…

A: Introduction: A long-term employee benefit fund's plan assets are assets/investments kept for the…