In a merger, the acquiring firm assumes all liabilities of the target firm. Assumed liabilities include all but which of the following?
A: Current liabilities
B: Long-term debt
C: Warranty claims
D: Fully depreciated operating equipment
E: Off-balance sheet liabilities
A: Current liabilities
B: Long-term debt
C: Warranty claims
D: Fully depreciated operating equipment
E: Off-balance sheet liabilities
举一反三
- Two common subgroups for liabilities on a classified balance sheet are: A: current liabilities and intangible liabilities. B: present liabilities and operating liabilities. C: general liabilities and specific liabilities. D: intangible liabilities and long-term liabilities. E: current liabilities and long-term liabilities.
- Two common subgroups for liabilities on a classified balance sheet are: ____ A: current liabilities and intangible liabilities. B: present liabilities and operating liabilities. C: general liabilities and specific liabilities. D: current liabilities and non-current liabilities.
- which of the following measures indicates the ability of a firm to pay its current liabilities? A: working capital B: current ratio C: Acid-test ratio D: all of the above
- Which of the following current liabilities is/are a known amount? A: Unearned Revenue B: Accounts Payable C: Payroll Liabilities D: All of the above are known amounts.
- Liabilities are generally classified into current liabilities and long-term liabilities.