The current portion of long-term debt should

A) be classified as a long-term liability.
B) not be separated from the long-term portion of debt.
C) be paid immediately.
D) be reclassified as a current liability.


D

Business

You might also like to view...

The ________ marketing sales system works by recruiting independent businesspeople who act as distributors

A) catalog B) multilevel C) direct-response D) corporate E) direct

Business

Petrus Corporation owns a 40 percent interest in the stock of Sunseri Corporation. During 2010, Sunseri pay $25,000 in dividends to Petrus and reports $107,000 in net income. Petrus Corporation's investment in Sunseri will increase Petrus's income before income taxes by

a. $17,800. b. $42,800. c. $52,800. d. $32,800.

Business

One aspect of project management that is unique is the ________ nature of assignments.

A. Variety B. Permanent C. Temporary D. Changing E. Fluid

Business

Which of the following statements is true about ethical and social responsibility?

a. Stakeholders expect only individual companies to be ethical. b. Companies face immense pressure from their customers, investors, business partners, and media organizations to behave ethically. c. Ethical violations can never harm a firm’s reputation and profitability. d. It is almost impossible that one of many firms in the supply chain will make an ethical breach.

Business