Comment on the implications of relying on a greater proportion of short term debt in relation to long term debt.
When a firm guarantees a bank loan for a joint venture in which it participates and the joint venture is handled as an investment, then the overall potential debt position will not be obvious from the face of the balance sheet. comment.
When examining financial statements, a note that describes contingencies should be reviewed closely for possible significant liabilities that are not disclosed on the face of the balance sheet. Comment.
There is a chance that a company may be in a position to have large sums transferred from the pension fund to the company. Comment.
Indicate why comparing firms for postretirement benefits other than pensions can be difficult.