A contingent liability is an obligation that should be: Question 2 options: A) Recorded in the accounts and classified in a contingent liabilities section of the balance sheet between current liabilities and long-term liabilities B) Classified in the owners' equity section of the balance sheet when the future event creating the liability is not likely to occur C) Disclosed in a footnote to the balance sheet when the contingency is remote D) Recorded in the accounts if the amount may be reasonably estimated and it is probable that the future event creating the obligation will occur

Which of the following statements is true regarding the reporting of outside interests and the management of conflicts? investigators are responsible for developing their own management plans for significant financial interests. the institution must report identified financial conflicts of interest to the u.s. office of research integrity. investigators must disclose their significant financial interests related to their institutional responsibilities and not just those related to a particular project. investigators must disclose all of their financial interests regardless of whether they are related to a research project.

Alpha industries is considering a project with an initial cost of $8 million. the project will produce cash inflows of $1.49 million per year for 8 years. the project has the same risk as the firm. the firm has a pretax cost of debt of 5.61 percent and a cost of equity of 11.27 percent. the debt–equity ratio is .60 and the tax rate is 35 percent. what is the net present value of the project?

Location test: question 1 of 54)water is a solvent because itoa. is made of moleculesob. dissolves many substancesc. is a saltd. has a large buffering capacity