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- If you are asking the differences between the two, it is pretty much straightforward. Current Liabilities are any liabilities that you owe and you can reasonably pay off in one-year or less (or one... Accrued liabilities are a current liability if they are due within one year.Contingent Liability is a current liability in most cases, but there is possibility for non-current contingent liability as well. As a individual taxpayer any thing that you own is a current personal asset. An individual taxpayer can also have some business assets to be counted you would add the value of all of those items and...
What else can I help you with?
Is short-term debt the same as current liabilities?
Essentially, yes.Many times a company has Long-term debt, with a certain amount to be repaid within the year. On the company's balance sheet they will have the remaining amount of their Long-term debtincluded in Non-Current Liabilities, while in Current liabilities they will have the Current portion of long-term debt.Basically, the balance sheet has a section for Current liabilities, which would include accounts with debts to be repaid in the short-term (generally within the year). Normally it is not listed as Short-term debt, but rather an account like Accounts payable or Bank loan, or as I stated earlier, Current portion of long-term debt.
Is remodel labor taxed in Missouri?
Repair labor, if separately stated, is not taxable. Fabrication or production labors are subject to sales tax, even when separately stated.
How much does it cost to send a card to Northern Ireland?
That will depend on where in the world you are sending it from, which you have not stated. Your local post office will have current prices for you.That will depend on where in the world you are sending it from, which you have not stated. Your local post office will have current prices for you.That will depend on where in the world you are sending it from, which you have not stated. Your local post office will have current prices for you.That will depend on where in the world you are sending it from, which you have not stated. Your local post office will have current prices for you.That will depend on where in the world you are sending it from, which you have not stated. Your local post office will have current prices for you.That will depend on where in the world you are sending it from, which you have not stated. Your local post office will have current prices for you.That will depend on where in the world you are sending it from, which you have not stated. Your local post office will have current prices for you.That will depend on where in the world you are sending it from, which you have not stated. Your local post office will have current prices for you.That will depend on where in the world you are sending it from, which you have not stated. Your local post office will have current prices for you.That will depend on where in the world you are sending it from, which you have not stated. Your local post office will have current prices for you.That will depend on where in the world you are sending it from, which you have not stated. Your local post office will have current prices for you.
How do you figure out the excess of the current assets of a business over its current liabilities?
(This answer applies to the United States) According to "Generally Accepted Accounting Procedures" (GAAP) and US Laws and Regulations, a publicly held corporation (one which offers shares for sale to the public and is traded on a stock exchange such as NASDAQ or the New York Stock Exchange) must publish financial statements quarterly which include a statement of their total "Current Assets" and total "Current Liabilities" stated in dollars. Summaries of these statements may be found on such websites as Yahoo Finance (http://finance.yahoo.com). By entering the "ticker symbol" in the quote box (or starting to type the name of the corporation) you can reach a page where you find a link to their financial statements. There you will find totals for Current Liabilities and Current Assets. The "excess" in question, then, may be determined by simply subtracting the Current Liabilities from the Current Assets. For a corporation in good financial health, this number should certainly be positive, and in fact is often considered to be good only if it is about equal to the Current Liabilities taken by themselves. That condition would mean that the corporation has a "current ratio" (Current Liabilities divided by Current Assets) of 2, by the same token considered a "good" number. The optimal current ratio will vary with the type of business however, and a lower ratio might be acceptable in some cases. A very large current ratio suggests the business, while very solvent, may not be managing its cash well. A current ratio of less than one (and therefore a negative "excess") is technically insolvent (in a short time horizon) a Very Bad thing. ("Insolvent" means they can't pay their bills on demand, and could be forced into bankruptcy.) (Note that a privately held company may not be required to publish these numbers.)
What was Benjamin Franklin's reason for signing the constitution of 1787?
He stated that we must now all hang together or most assuredly we will be hanged separately.
What is your current occupation as stated on your passport application?
I am a software engineer.
What is your current occupation as stated on your passport form?
I am a software engineer.
Who stated the law that the direction of induced current is always such as to oppose the change producing it?
This law was stated by Heinrich Friedrich Lenz (1804-1865). The law is stated as: The polarity of induced e.m.f is such that it tends to produce a current which opposes the change in magnetic flux that produces it.
How do you write a sentence using the word stated differently?
The governor stated that the budget for the current year is inadequate to attend the state requirements.
What is your current occupation as stated on your passport if you are unemployed?
If you are unemployed, your current occupation on your passport would typically be listed as "unemployed" or "not employed."
What current will be consumed by a 20KW motor?
To answer this question the voltage of the motor needs to be stated.
Who stated that magnet cn be use to produce an electric current?
Michael Faraday
