Which of the following is a current liability? Select one: a. All of these answer choices...

Question

Question

Which of the following is a current liability?

Select one:

a. All of these answer choices are correct.

b. A dividend payable in the form of additional shares.

c. A cash dividend payable to preference shareholders.

d. Current maturities of long-term debt that is to be refinanced from the proceeds of a new long-term debt issue.

Answer 1

Answer #1

A cash dividend payable to preference shareholders is a current liability.

A dividend payable in the form of additional shares is a part of stockholders' equity.

Current maturities of long-term debt that is to be refinanced from the proceeds of a new long-term debt issue are long term liabilities.

Option C is correct

Add a comment

Answer 2

Answer #2

OPTION c. A cash dividend payable to preference shareholders.

(Dividends payable is a current liability as the dividends have accrued but not yet paid.

These dividends will have to be paid in a short period)

answered by: Tulsiram Garg

Answer 3

Similar Homework Help Questions

Which of the following is not a long-term liability? Current maturities of long-term debt Long-term notes...

Which of the following is not a long-term liability? Current maturities of long-term debt Long-term notes payable Bonds payable
Which of the following are operating liabilities? Current Liabilities: Accounts payable, accrued expenses and other Current...

Which of the following are operating liabilities? Current Liabilities: Accounts payable, accrued expenses and other Current maturities of long-term debt Current maturities of non-recourse debt Income taxes payable Total current liabilities (variable interest entities - $157 and $162) Long-term debt Non-recourse debt Deferred revenues Deferred income tax liabilities Liability for guest loyalty program Other
Which of the following is not a type of current liability? Choose one. Contingent liabilities. Pre-existing...

Which of the following is not a type of current liability? Choose one. Contingent liabilities. Pre-existing liabilities. Current portions of long term debt. Estimated liabilities. Clearly determinable liabilities. why is correct answer pre-existing liabilities?

Which of the following is not a type of current liability? Choose one. Contingent liabilities. Pre-existing...

Which of the following is not a type of current liability? Choose one. Contingent liabilities. Pre-existing liabilities. Current portions of long term debt. Estimated liabilities. Clearly determinable liabilities. why is correct answer pre-existing liabilities?
Which of the following does not represent a current liability?

Which of the following does not represent a current liability? Select one: A. Short-term loan B. Accrual of taxes payable C. Bond issue D. Advance payments received from customers
Identify a SOURCE of cash: (select only one alternative) Group of answer choices Long-term Debt is...

Identify a SOURCE of cash: (select only one alternative) Group of answer choices Long-term Debt is retired Dividends are paid Accounts Payable goes down Accounts Receivable goes down Inventory is purchased

Part B Cost of Capital (Show all workings ) Grainwaves Ltd is an Australian firm which...

Part B Cost of Capital (Show all workings ) Grainwaves Ltd is an Australian firm which is publicly-listed on the ASX. The company has a long term target capital structure of 55% Ordinary Equity, 5% Preference Shares, and 40% Debt. All of the shareholders of Grainwaves are Australian residents for tax purposes. To fund a major expansion Grainwaves Ltd needs to raise a $150 million in capital from debt and equity markets. Grainwaves Ltd’s broker advises that they can sell...
Which one of the following events is perceived as a negative signal? Group of answer choices...

Which one of the following events is perceived as a negative signal? Group of answer choices A firm issues new shares of stock on the market, aka a SEO. A firm cuts its dividend. A firm stops repurchasing shares of its stock. Both A and B All of the above are correct.
of the following, which typically would not be classified as a current liability? Multiple Choice o...

of the following, which typically would not be classified as a current liability? Multiple Choice o A six-month bank loan to be paid with the proceeds from the sale of common stock. . Rent revenue received in advance. 0 0 A long-term noté payable maturing within the coming year. 0 Estimated liability from cash rebate program Google Chrome

Prepare a classified balance sheet in report form. For assets, use the classifications of current assets,...

Prepare a classified balance sheet in report form. For assets, use the classifications of current assets, plant and equipment, intangibles, and other assets. For liabilities, use the classifications of current liabilties and long-term liabilities. M all-MKAYLA Lash SG Korean Face Moist and long-lem liabilities P33 The following information was obtained from the accounts of Alleg, Inc, as of December 31, 2012. It is presentrd in scrambied order Common stock, authorized 21,000 shares at $1 par valoe, issued 10,000 shares Additional...