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5 Accounting concepts (10 marks) a. Why is it important for a company to show its current liabilities and long term liabilities in separate sections
5 Accounting concepts (10 marks) a. Why is it important for a company to show its current liabilities and long term liabilities in separate sections on the balance sheet? (3 marks) b. Why is it riskier for companies to issue debt rather than shares? (4 marks) c. Companies such as Apple and Tesla have had several stock splits since they have been incorporated. Explain what this means and why they have done this. (3 marks) B
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