Which of the Following Is Not a Current Liability

question 29

Multiple Choice

Which of the following is not a current liability?

• A)Accounts payable.
• B)A note payable due in 2 years.
• C)Current portion of long-term debt.

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Definitions:

Treasury Bond

A long-term, interest-bearing security issued by the U.S. government considered a low-risk investment.

Price-Earnings Ratio

A valuation metric comparing a company’s current share price to its per-share earnings, indicating the market's expectations of growth.

Earnings Per Share

A financial metric calculated by dividing the net earnings available to common shareholders by the average outstanding shares.

Closing Price

The final price at which a security is traded on a given trading day, often used for performance assessment.