What is the relationship between current liabilities and a companys operating

What is the relationship between current liabilities

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36.What is the relationship between current liabilities and a company's operatingcycle? a.Liquidation of current liabilities is reasonably expected within the company'soperating cycle (or one year if less).b.Current liabilities are the result of operating transactions.c.Current liabilities can't exceed the amount incurred in one operating cycle.d.There is no relationship between the two.37.What is the relationship between present value and the concept of a liability?
38.What is a discount as it relates to zero-interest-bearing notes payable? 39.Where is debt callable by the creditor reported on the debtor's financialstatements? 40.Which of the following is not a condition necessary to exclude a short-termobligation from current liabilities? a.Intend to refinance the obligation on a long-term basis.b.Obligation must be due with one year.c.Demonstrate the ability to complete the refinancing.d.Subsequently refinance the obligation on a long-term basis. 41.Which of the following does not demonstrate evidence regarding the ability toconsummate a refinancing of short-term debt? 42.A company has not declared a dividend on its cumulative preferred stock for thepast three years. What is the required accounting treatment or disclosure in this situation?

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