A current liability includes obligations which must be repaid

a. within one year.
b. within one year or within the operating cycle, whichever is shorter.
c. within one year or within the operating cycle, whichever is longer.
d. by the end of the operating cycle.

C

Business

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The best method of attaining a low-cost position is to:

A) take advantage of economies of scale and experience curve. B) take advantage of global raw material acquisition. C) take advantage of non-union workers. D) send production to low-wage countries.

Business

An equity trust is

A) a contractual agreement to buy common stock. B) a REIT that specializes in mortgage lending. C) a mutual fund that holds REIT shares. D) a REIT that invests in real estate properties.

Business