True/False
Spontaneous liabilities such as accounts payable and notes payable represent a source of financing that arise from the normal course of business.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q120: Cull Incorporated recently borrowed $250,000 from Century
Q121: Self-liquidating loans are mainly invested in productive
Q122: Commercial finance companies are lending institutions that
Q123: A loan that is usually a one-time
Q124: An appropriate collateral for a secured short-term
Q126: A firm has a line of credit
Q127: Tangshan Mining borrowed $100,000 for one year
Q128: _ ensure that money lent under a
Q129: Hayley's Theatrical Supply is in the process
Q130: The percentage advanced by a lender constitutes