Those obligations that are due within one year or the normal operating cycle of the business and will be paid with money provided by the current assets are called

a. investments.
b. marketable securities.
c. current liabilities.
d. long-term liabilities.


c

Business

You might also like to view...

What are the features of total institutions? How might analysis of power in total institutions inform analysis of power in organizations more generally?

What will be an ideal response?

Business

Diamond Plywood, Inc., manufactures four types of plywood panels. Each product must go through the following operations: patching, grading, gluing, and baking. The time in hours required for each operation for each panel, the total capacity available for each of these operations in a given month, as well as the minimum production requirements and the profit contributions per panel are given in the following table. Based on this information, at the optimal production point what is the quantity of soft plywood panels that Diamond Plywood will produce?



A. 1,050
B. 840
C. 925
D. 780

Business

A linear regression model results in the equation Y = 15 - 23X. If the coefficient of determination is a perfect 1.0, the correlation coefficient must be -1

Indicate whether the statement is true or false

Business

Many companies have to monitor some of their financial statement ratios, such as the current ratio, due to debt covenants. Selected transactions are provided below for a company that uses a perpetual inventory system; sells its merchandise at a selling price that exceeds cost; and had a current ratio of 1.85 to 1 before the event occurred.Required:In the above table, indicate whether each transaction would increase (+), decrease (?), or not affect (0) the company's working capital and the current ratio.

What will be an ideal response?

Business