Which one of these patterns is not a continuation pattern?

A firm which employs a restrictive short-term financial policy will have a relatively:

Which of the following is not considered to be a type of credit risk?
I). default risk.
II). credit spread risk.
III). downgrade risk.

BB Corporation's trial balance included the following account balances at December 31, 2000:
Accounts payable: $90,000 Bonds payable, due 2001: 150,000 Discount on bonds payable: 18,000
Dividends payable: 48,000 Notes payable, due 2004: 120,000
What amount should be included in the current liability section of the balance sheet?

"Normal profits" exist when economic profits are