Answered: Long-term debt typically describes debt…

Business

Management

Long-term debt typically describes debt that will mature in two years or more. Select one: O a. True b. False

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Question

Long-term debt typically describes debt that will mature in two years or more.
Select one:
a. True
b. False

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