Long-term liabilities include Select one: a. deferred income taxes and most lease obligations. b. obligations payable at...
Long-term liabilities include
Select one:
a. deferred income taxes and most lease obligations.
b. obligations payable at some date beyond the operating cycle.
c. all of these answer choices are correct.
d. obligations not expected to be liquidated within the operating cycle.
Homework Answers
answer ; c all of these answer choices are correct
explanation
deferred income taxes and most lease obligations - correct - deferred income taxes and the most lease obligations are involved more than one accounting period so they treated as long term liabilities
obligations payable at some date beyond the operating cycle - correct - the obligations payable at some date beyond the operating cycle called long term liabilities .
obligations not expected to be liquidated within the operating cycle called long term liabilities - correct
long term liabilities are paid after one accounting period .these are also called non current liabilities .examples are bonds payable , notes payable (long term ), debentures
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Long-term liabilities include Select one: a. deferred income taxes and most lease obligations. b. obligations payable at...
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2. What is the Asset Turnover?
3. What are the Return on Assets?
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2. What is the Asset Turnover?
3. What are the Return on Assets?
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a. Inventories shrank.
b. The company made major purchases of its corporate stock.
c. The company paid down its long-term debt.
d. income tax increased
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you can find all the tables online
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