Question: 1. What is the difference between a current and long-term liability? 2. What are some examples of known current liabilies? 3. How are known current

1. What is the difference between a current and long-term liability? 2. What are some examples of known current liabilies? 3. How are known current liabilies different from esmated current liabilies? 4. What are some examples of esmated current liabilies? 5. How is an esmated current liability different from a conngent liability? 6. What is a bond? ...a bond indenture? Why might a trustee be used to administer a bond indenture? 12. If the bond contract interest rate is greater than that required in the market on the date of issue, what is the effect on the selling price of the bond? Why? 15. Disnguish between future value and present value. What is the me value of money? Why is it important? 16. How is the actual price of a bond determined?
 1. What is the difference between a current and long-term liability?

1. What is the difference between a current and long-term liability? 2. What are some examples of known current liabilies? 3. How are known current liabilies different from esmated current liabilies? 4. What are some examples of esmated current liabilies? 5. How is an esmated current liability different from a conngent liability? 6. What is a bond? ...a bond indenture? Why might a trustee be used to administer a bond indenture? 12. If the bond contract interest rate is greater than that required in the market on the date of issue, what is the effect on the selling price of the bond? Why? 15. Disnguish between future value and present value. What is the me value of money? Why is it important? 16. How is the actual price of a bond determined

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