In general, the greater a firm's reliance upon short-term debt or current liabilities,
A) there will be no effect on liquidity. B) the lower will be its liquidity.
C) the greater will be its liquidity. D) liquidity will remain constant.
B
You might also like to view...
How do reference groups influence buying decisions?
What will be an ideal response?
What factor, related to manufacturing costs, causes the difference in net earnings computed using absorption costing and net earnings computed using variable costing?
a. Absorption costing considers all costs in the determination of net earnings, whereas variable costing considers fixed costs to be period costs. b. Absorption costing allocates fixed overhead costs between cost of goods sold and inventories, and variable costing considers all fixed costs to be period costs. c. Absorption costing "inventories" all direct costs, but variable costing considers direct costs to be period costs. d. Absorption costing "inventories" all fixed costs for the period in ending finished goods inventory, but variable costing expenses all fixed costs.
Juanita has been running a fever today
What will be an ideal response?
Which of the following is not one of the three possible methods that could be used to account for unfunded accumulated benefits under ARB 36?
a. A prior period adjustment b. A component of operating income c. An extraordinary item of income d. Allocation over current and future periods