Which of the following items are normally classified as current liabilities for a company that has a one-year operating cycle? (you may select more than one answer)

a. legal liability expected to be paid in 20 months.
b. loan due in 18 months.
c. bank debt due in 5 years.
d. fica—social security taxes payable due in 40 days.
e. sales taxes payable.
f. portion of long-term note due in 1 month.

Being an expert problem solver is something you're either born with or not. true or false

After much consideration, you have chosen cancun over ft. lauderdale as your spring break destination this year. however, spring break is still months away, and you may reverse this decision. which of the following events would prompt you to reverse this decision? a. the marginal cost of going to cancun decreases.b. the marginal cost of going to ft. lauderdale decreases.c. the marginal benefit of going to cancun increases.d. the marginal benefit of going to ft. lauderdale decreases.

Which of the following represents an unlimited queue? a. toll booth serving automobiles on the interstateb. drive through lane at a fast food restaurantc. faculty office with limited seating during office hoursd. restaurant with no outside seating and limited capacity due to fire departments restrictionse. small barbershop with only 5 chairs for waiting customers