Long-term debt refers to those liabilities that: A. have a maturity of more than one year...
Long-term debt refers to those liabilities that:
| A. |
have a maturity of more than one year remaining. |
|
| B. |
are not callable at the option of the firm. |
|
| C. |
are secured by specific collateral. |
|
| D. |
have established a sinking fund for repayment. |
Homework Answers
Answer,
Long-term debt refers to those liabilities that-
Option A.have a maturity of more than one year remaining.
In simple language we can conclude long term debt as maturity of more than one year.
If it is collatural loan or any other sinking fund repayment is their it shuld be mention along with the loan like patially secured/ fully securred etc.
Add Answer to:
Long-term debt refers to those liabilities that:
A.
have a maturity of more than one year...
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