Which of the Following Is the Equation Form of Current

question 21

Multiple Choice

Which of the following is the equation form of current liabilities?

• A) cash + marketable securities + accounts receivable + prepaid expenses + inventory
• B) cash + marketable securities + accounts receivable − prepaid expenses + inventory
• C) investments + fixed assets − accumulated depreciation + intangible assets
• D) notes payable + accounts payable + other items payable + dividends payable + the current portion of long-term debt
• E) long-term debt + pension fund liabilities + long-term lease obligations

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Definitions:

Demand Per Day

The average quantity of a product or service that consumers buy or are expected to buy in a single day.

Mathematical Approaches

Techniques or methods derived from mathematics used to solve problems and make decisions in various fields.

Optimizing

The process of making something as effective, perfect, or functional as possible within given constraints.

Heuristic

This term refers to a practical approach to problem-solving, learning, or discovery that employs a practical method not guaranteed to be optimal but sufficient for reaching an immediate goal.