Which of the following is not a reason why a company might prefer to report a liability as long-term rather than current?
A. It may cause the company to appear more stable commanding a higher stock price for new stock listings.
B. It may increase interest rates on borrowing.
C. It may reduce interest rates on borrowing.
D. It may cause the firm to appear less risky to investors and creditors.
Answer: B
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Indicate whether the statement is true or false
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A) Apostle B) Mercenary C) Laggard D) Terrorist
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