Multiple Choice
The long-term debts of a firm are liabilities:
A) owed to the firm's shareholders.
B) the firm expects to incur within the next 12 months.
C) owed to the firm's suppliers.
D) that come due within the next 12 months.
E) that do not come due for at least 12 months.
Correct Answer:
Verified
Correct Answer:
Verified
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