Under Which of the Following Categories Would Accounts Payable Appear

question 70

Multiple Choice

Under which of the following categories would Accounts payable appear?

• A) Current liabilities
• B) Current assets
• C) Long-term liabilities
• D) Long-term assets

---

Definitions:

Debt-to-Equity Ratio

A gauge of a firm's financial risk, determined by dividing its overall debts by the equity of its shareholders.

Year 2

A term often used to refer to the second year of a business operation, project timeline, or financial plan.

Return on Equity

A measure of a company's profitability, indicating how much profit a company generates with the money shareholders have invested.

Year 2

Typically refers to the second year of an entity's operations, plan, or financial reporting.