_______ A term for the debts of a firm
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_______ A term for the debts of a firm
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- 1. Determine the cost of Debt of the company18 - What name is the source of the assets given to the business by the business owners?A) DebtB) AssetC) CashD) SourceE) CapitalA borrower’s personal investment in the operations of a business is called as. a. Conditions b. Capital c. Character d. Collateral
- 2. What are some factors to consider in evaluating a company's ability to make payments on outstanding debt? Please explain the factors rather than just providing a list.6.On a statement of financial affairs, a company's liabilities should be valued at Select one: a.the present value of future cash flows. b.the amount expected to be paid if the company could honor its debts. c.net realizable value. d.the amount required for settlement. e.replacement cost.Accounts Payable (A/P) are: Amounts totaling the net worth of a company Amounts paid to owners Amounts that customers owe your business Amounts owed to others that are obligations
- 17 _____________are asset accounts applicable to all amounts owing, unsettled transactions, or other monetary obligations owed to a company by its credit customers or debtors. a. Notes payables b. Liabilities c. Invoices d. Receivables Clear my choiceOn a company's financial statements, do you have to list/note if an asset is being used as collateral for a loan or note? Which statement?What is the purpose of long-term liabilities in financial accounting, and how do they affect a company's balance sheet?
- Which of the following is classified as a financing activity? Receipt of dividend income Receipt of interest on loan receivable Payment of dividends Investment in another company’s stockWhat are the two essential indicators of a business's ability to pay its long-term liabilities?d accounts payable Which of the following is NOT a reason long-term liabilities are significant to users? They represent principal and interest payments the corporation has to pay. They affect the company for many years in the future. C They have an impact on the corporation's quick ratio. d They provide information on the corporation's contractual obligations. a b