Antidilutive securities should be ignored in all earnings per share calculations. *

True

False

41. A short-term obligation can be excluded from current liabilities if the company intends to refinance it on a long-term basis. *

True

False

42. Companies report the amount of social security taxes withheld from employees as well as the companies matching portion as current liabilities until they are remitted. *

True

False

43. Paying a current liability with cash will always reduce the current ratio. *

True

False