W7 Discussion "Liabilities"

Liabilities

•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?

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

Please respond to the initial question by day 5 and be sure to post two additional times to peers and/or instructor by day 7. The initial post by day 5 should be a minimum of 150 words. If you use any source outside of your own thoughts, you should reference that source. Include solid grammar, punctuation, sentence structure, and spelling.