ANSWER THE QUESTION 1-5

1.Describe any experience you have with current liabilities.

2.Why is it important to distinguish between revenue and capital expenditures?

3.Class, I am a little confused about accounts payable and notes payable. Can someone provide a simple description other than what I have been reading from text?

4.What factors should management consider in determining if borrowing funds is a viable solution

5.In acquiring funds to finance major projects, how should management choose from among the alternatives