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Unformatted text preview: bonds payable, pension and other post-employment benefit obligations, and deferred income taxes. The values of many long-term liabilities represent the present value of the anticipated future cash outflows. Present value represents the amount that should be invested now, given a specific interest rate, to accumulate to a future amount....
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This note was uploaded on 12/25/2011 for the course FIN 3312 taught by Professor Staff during the Spring '08 term at Texas State.
- Spring '08