Which of the following line items in a balance sheet is considered the most for making a financing decision?

A) current assets
B) long-term liabilities
C) revenue
D) cost of goods sold

B

Business

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Describe the five-step process that businesses can use to think through ethical problems.

What will be an ideal response?

Business

A warranty of merchantability means that

A) the buyer has the right to expect that the good is of the same quality as similar goods in its class. B) the good should prove suitable for the purpose it was purchased. C) the buyer should pay no more for the good than must be paid for similar goods in its class. D) within a period of time immediately following the sale of the good there is a money-back guarantee if not fully satisfied.

Business