Jaylah Has a 5-Year Bank Loan with Her Business

question 19

Multiple Choice

Jaylah has a 5-year bank loan with her business.The principle that is scheduled to be paid in the last 4 years is considered ______.

• A)a loss
• B)a long-term liability
• C)a short-term portion of long-term debt
• D)operational cash flows

---

Definitions:

Brand Popularity

Brand popularity refers to the widespread recognition and positive perception of a brand among consumers, often resulting in increased loyalty and sales.

Early Majority

A segment of the population that adopts new products or innovations after the initial group of early adopters, characterized by a more pragmatic approach to adoption.

Early Adopter

An individual who adopts new technology or innovations early in its life cycle, often influencing others in their social or professional circles.

Innovator

An individual or organization that introduces new ideas, products, or methods, often leading the way for change and new trends.