Multiple Choice
Match the term with its definition.
-Borrowed money that must be repaid within 12 months
A) accounts payable (trade credit)
B) accounts receivable
C) accumulated depreciation
D) common stock
E) current assets (working capital)
F) current debt (short-term liabilities)
G) current ratio
H) fixed assets (property, plant, and equipment [PPE])
I) gross fixed assets
J) net fixed assets
K) other assets
Correct Answer:

Verified
Correct Answer:
Verified
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Q43: Depreciation is added back on the statement
Q44: Match the term with its definition.<br>-Operating expenses
Q45: In order to determine the cash flows
Q46: Accounts payable, accrued expenses, 2-year notes payable,
Q48: A conventional measure of a firm's liquidity
Q49: Match the term with its definition.<br>-A measure
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