Salaries Payable, Interest Payable, and Unearned Revenue are examples of ________
A) short-term investments
B) fixed assets
C) current liabilities
D) long-term liabilities
C
Business
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Present value can be defined as the
A. future amount of a sum of money held now. B. value today of future cash inflow(s). C. maturity value of a debt. D. sum of cash inflows over a future period of time. E. amount of debts owed as of the first interest payment date.
Business
In a crisis, which of the following are more likely to withdraw funds quickly from banks and thrifts?
A. Correspondent banks. B. Small business corporations C. Individual depositors. D. Mutual funds. E. Foreign depositors.
Business