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Lecture Financial accounting (8/e) - Chapter 9: Reporting and interpreting liabilities

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Lecture Financial accounting (8/e) - Chapter 9: Reporting and interpreting liabilities. After studying this chapter, you should be able to: Define, measure, and report current liabilities; use the quick ratio; analyze the accounts payable turnover ratio; report notes payable and explain the time value of money; report contingent liabilities; explain the importance of working capital and its impact on cash flows; report long-term liabilities; compute present values; apply present value concepts to liabilities.
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Lecture Financial accounting (8/e) - Chapter 9: Reporting and interpreting liabilities

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