Classifying liabilities as either current or long-term helps creditors assess:
A. The extent of a firm's liabilities.
B. The relative risk of a firm's liabilities.
C. The degree of a firm's liabilities.
D. The amount of a firm's liabilities.
Answer:C
Classifying liabilities as either current or long-term helps creditors assess:
A. The extent of a firm's liabilities. B. The relative risk of a firm's liabilities. C. The degree of a firm's liabilities. D. The amount of a firm's liabilities.