Which of the following is not a current liability?
a. Accounts payable
b. Accrued expenses
c. Vehicles
d. Current portion of long-term debt
c
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JD uses an example that involves choosing to drive a low-milage SUV. What is the point of the example?
a. US automobile manufacturers are in serious financial trouble. b. Foreign manufacturers have competitive advantage. c. What is good for one person (or a collection of people) is not always good for society. d. The good is relative. e. You cannot please everyone all the time.
The price of Microsoft is $30 per share and that of Apple is $58 per share. The price of Microsoft increases to $39 per share after one year and to $42 after two years
Also, shares of Apple increase to $66 after one year and to $71 after two years. If your portfolio comprises 100 shares of each security, what is your portfolio return over year 1 and year 2? Assume no dividends are paid. A) 19.32%, 7.62% B) 28.01%, 8.38% C) 23.18%, 11.43% D) 22.22%, 13.71%