Much long-term debt takes the form of _________, which are debt instruments that larger companies sell to raise long-term funds.Multiple Choicebondslong-term liabilitiesfixed assetslines of credit

Long-term liabilities that represent money loaned to the firm by bondholders that must be paid back are called payable.

Multiple Choice QuestionDebts that will be repaid over a number of years, such as a lengthy bank loan or bond issues are called ______.Multiple choice question.accounts receivablelong-term liabilitiesmarketable securitiescurrent liabilities

Some large successful companies hold long term debt permanently.Question 3Select one:TrueFalse

Identify a true statement about long-term loans.Multiple choice question.The debt incurred is usually repaid according to a floating interest rather than a fixed interest.These loans can make funds available for up to two years.The principal can sometimes start being repaid in the second or third year of the loan, with only interest paid the first year.These loans are often used for seasonal financing and for building up inventories.

The ability to meet long-term obligations and generate future revenues is referred to as:Multiple ChoiceSolvency.Market prospects.Profitability.Creditworthiness.Liquidity and efficiency.