Current liability and a long-term liability

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Reference no: EM13784758

1. What is the difference between a current liability and a long-term liability?

2. How are liabilities taken into account when analyzing an organization's current financial position?

3. Is it better to have more money in liabilities or equity?

Reference no: EM13784758

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Current liability and a long-term liability : What is the difference between a current liability and a long-term liability? How are liabilities taken into account when analyzing an organization's current financial position?

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