All of the following statements regarding long-term liabilities are true except? Multiple Choice Long-term liabilities include long-term notes payable, warranty liabilities, lease liabilities, and bonds payable. Long-term liabilities can be reported on the balance sheet in a single total or in multiple categories. Liabilities that do not have a fixed due date, but are payable on demand, are reported as long-term liabilities. A single long-term liability can be divided between current and noncurrent sections on the balance sheet. Liabilities not expected to be paid within the longer of one year or the company's operating cycle are reported as long-term liabilities.

Suppose someone wants to sell a piece of land for cash. the selling of a piece of land represents turning

The owners of backstreets italian restaurant are considering starting a delivery service forpizza and their other italian dishes in the small college town where they are located. theycan purchase a used delivery van and have it painted with their name and logo for $21,500.they can hire part-time drivers who will work in the evenings from 5 p.m. to 10 p.m. for$8 per hour. the drivers are mostly college students who study at the restaurant when theyare not making deliveries. during the day, there are so few deliveries that the regular employeescan handle them. the owners estimate that the van will last 5 years (365 days per year)before it has to be replaced and that each delivery will cost about $1.35 in gas and othermaintenance costs (including tires, oil, scheduled service, they also estimate that onaverage each delivery order will cost $15 for direct labor and ingredients to prepare andpackage, and will generate $34 in revenue.a. how many delivery orders must backstreets make each month in order for the service to break even? b. the owners believe that if they have approximately the break-even number of deliveries during the week, they will at least double that number on fridays, saturdays, and sundays. if that’s the case, how much profit will they make, at a minimum, from their delivery service each month (4 weeks per month)?

Afreezer manufacturer might purchase sheets of steel, wiring, shelving, and so forth, as part of its final product. this is an example of what sub-classification of business market?