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Quiz File Business Management Intermediate liabilities include

Intermediate liabilities include

Business Management

Intermediate liabilities include

Answer: a mortgage on equipment.

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Trending Questions

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The decline in value of an asset over its useful life associated with use, age and obsolescence is known as

The decline in value of an asset over its useful life associated with use, age and obsolescence is known as Answer: depreciation.
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When a loan is secured, it means that

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A company buys cloth in one country, has designs made in another country, has the garments sewn in another country, and sells the finished product in yet other countries. Th is firm is actively engaging in the practice of _________.

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Other things being equal, a decrease in the amount of an agricultural commodity offered for sale will result in

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When figuring the Net Worth of a business the correct formula to use is _______________.

When figuring the Net Worth of a business the correct formula to use is _______________. Answer: Net Worth = Assets - Liabilities

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Quiz File

Intermediate liabilities include

Intermediate liabilities include

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