If the yield curve is upward sloping, then short-term debt will be cheaper than long-term debt. Thus, if a firm's CFO expects the yield curve to continue to have an upward slope, this would tend to cause the current ratio to be relatively low, other things held constant.
Answer the following statement true (T) or false (F)
True
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Answer the following statements true (T) or false (F)
1) The current portion of notes payable is the principal amount that will be paid within two years of the balance sheet date, and the remaining portion is long term. 2) The current portion of notes payable is reported on the balance sheet under current liabilities. 3) The issuance of a note is recorded, on the books of the borrower, by crediting Cash and debiting Notes Receivable. 4) When preparing an amortization schedule, the interest expense increases each year because the principal decreases with each installment payment. 5) On March 1, 2018, Vintage Services issued an 8% long-term notes payable for $22,000. It is payable over a 16-year term in $1,375 principal installments on March 1 of each year, beginning March 1, 2019. Each yearly installment will include both principal repayment of $1,375 and interest payment for the preceding one-year period. The journal entry to pay the first installment will include a debit to Interest Expense for $1,760.
The behavioral aspects of cultural intelligence includes verbal and nonverbal skills when communicating across cultures.
Answer the following statement true (T) or false (F)
The ________ understands that business exists within a web of social and ethical relationships.
Fill in the blank(s) with the appropriate word(s).
In Gibbons v. Ogden, the Supreme Court held that commerce among the states means interstate commerce
a. True b. False Indicate whether the statement is true or false