Current liabilities includes all of the following except
A) ?income tax payable.
B) ?mortgage due to be paid this year.
C) ?notes receivable.
D) ?advance payments from customers.
C
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The number of shares of outstanding stock is equal to the number of shares authorized minus the number of shares issued
Indicate whether the statement is true or false
Which of the following statements is CORRECT?
A. Since debt financing raises the firm's financial risk, increasing the target debt ratio will always increase the WACC. B. Since debt financing is cheaper than equity financing, raising a company's debt ratio will always reduce its WACC. C. Increasing a company's debt ratio will typically reduce the marginal costs of both debt and equity financing. However, this action still may raise the company's WACC. D. Increasing a company's debt ratio will typically increase the marginal costs of both debt and equity financing. However, this action still may lower the company's WACC. E. Since a firm's beta coefficient is not affected by its use of financial leverage, leverage does not affect the cost of equity.
A payee has no rights in an instrument until:? A) the drawer or the maker has delivered the instrument to the payee
B)an acceptor has been established.? C)an accommodation party has signed the instrument.? D)a guarantor has signed the instrument.
If a sample has 20 observations and a 95% confidence estimate for is needed, the appropriate value of t-multiple is 2.093
a. True b. False Indicate whether the statement is true or false