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Which of the Following Is True About a Firm's Current

Question 96

Multiple Choice

Which of the following is true about a firm's current liabilities?


A) They must equal its current assets.
B) They do not have to be repaid on any specific date. Instead, repayment can be deferred as long as the firm is willing and able to make the required interest payments.
C) They are what it owes to its shareholders.
D) They are due in less than a year.

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