Which of the Following Most Likely Would Be Classified as a Current

question 31

Multiple Choice

Which of the following most likely would be classified as a current liability?

• A) Dividends payable
• B) Bonds payable
• C) Three-year notes payable
• D) Mortgage payable

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Definitions:

Required Return

The minimal yearly percentage increase essential to entice investment by individuals or companies into a certain project or security.

Per Share Dividend

The amount of dividend that is paid out for each share of a company's stock.

Dividend Increase

A rise in the amount of money paid to shareholders out of a company's earnings per share.

Annual Dividend

A payment made by a corporation to its shareholders, usually as a distribution of profits on a yearly basis.