Unlimited liability means that a business owner cannot be legally forced to use personal money or sell personal possessions to pay the business's debts

Indicate whether the statement is true or false

FALSE

Business

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Debt securities not classified as held-to-maturity or trading securities. Companies report available-for-sale securities at fair value, but do not report changes in fair value as part of net income until after they sell the security. Interest on available-for-sale securities is recorded when earned. Unrealized holding gains and losses on available-for-sale debt securities are recognized as other comprehensive income and as a separate component of stockholders' equity.

(a) time value (b) strike (exercise) price (c) available-for-sale securities (d) amortized cost

Business

Kyrgyzstan is a small, poor, mountainous country with a predominantly agricultural economy. Cotton, wool, and meat are the main agricultural products and exports. Fifty-one percent of the population lives in poverty

Kyrgyzstan is an example of a(n) ________. A) BRIC country B) subsistence economy C) industrializing country D) raw materials exporting economy E) post-industrial economy

Business