Multiple Choice
Kurt has a 5-year bank loan with his business.The principle that is scheduled to be paid in the first 12 months is considered ______.
A) a loss
B) a long-term liability
C) a short-term portion of long term debt
D) operational cash flows
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q1: Jax went to his accountant and learned
Q2: Compare and contrast the Balance Sheet and
Q4: Labor estimates are _.<br>A)critical to your business
Q5: Norah is interested in developing her pricing
Q6: Provide the line by line format of
Q7: List five examples of cash outflows.
Q8: The three essential financial statements include all
Q9: Shari discussed her income statement with you
Q10: The backlog report is _.<br>A)the amount of
Q11: The balance sheet shows _.<br>A)what the business