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Which of the following will increase a companys current liabilities? (You may select more than one answer. Single click the box with the question mark
Which of the following will increase a companys current liabilities? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer.)
check all that apply
- A company purchases a new truck with cash.
- A company receives cash from taking out a long-term loan.
- A company collects half of its accounts receivable balance.
- A company purchases inventory on credit.
- A company purchases new manufacturing equipment with cash.
What is the present value of $500,000 to be paid in 10 years? The annual interest rate is 8%. (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use the appropriate factor(s) from the tables provided.)
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