The correct answer is "long-term liability".

Step by step explanation:

1. A bond issue refers to the act of a company raising money by selling bonds to investors.

2. These bonds are essentially a form of debt that the company is obligated to repay to the bondholders after a certain period of time, typically a number of years.

3. Therefore, this debt is considered a liability for the company, specifically a long-term liability since it is not due within the next year.

4. Collateral, certificate of deposit, and mutual fund are not correct answers. Collateral is an asset used to secure a loan, a certificate of deposit is a type of time deposit offered by banks, and a mutual fund is an investment vehicle that pools money from many investors to purchase securities. None of these are a type of debt that a company must repay over a number of years.

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The correct answer is "long-term liability".

Step by step explanation:

1. A bond issue refers to the act of a company raising money by selling bonds to investors.

2. These bonds are essentially a form of debt that the company is obligated to repay to the bondholders after a certain period of time, typically a number of years.

3. Therefore, this debt is considered a liability for the company, specifically a long-term liability since it is not due within the next year.

4. Collateral, certificate of deposit, and mutual fund are not correct answers. Collateral is an asset used to secure a loan, a certificate of deposit is a type of time deposit offered by banks, and a mutual fund is an investment vehicle that pools money from many investors to purchase securities. None of these are a type of debt that a company must repay over a number of years.

Knowee AI · Accepted Answer

The correct answer is "long-term liability".

Step by step explanation:

1. A bond issue refers to the act of a company raising money by selling bonds to investors.

2. These bonds are essentially a form of debt that the company is obligated to repay to the bondholders after a certain period of time, typically a number of years.

3. Therefore, this debt is considered a liability for the company, specifically a long-term liability since it is not due within the next year.

4. Collateral, certificate of deposit, and mutual fund are not correct answers. Collateral is an asset used to secure a loan, a certificate of deposit is a type of time deposit offered by banks, and a mutual fund is an investment vehicle that pools money from many investors to purchase securities. None of these are a type of debt that a company must repay over a number of years.

Multiple Choice QuestionA bond issue is a type of _____ that a company will have to repay over a number of years.Multiple choice question.collateralcertificate of depositmutual fundlong-term liability

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