What Kind of Corporate Debt Has a Maturity of Less

question 51

Multiple Choice

What kind of corporate debt has a maturity of less than 10 years?

• A)Asset-backed bonds
• B)Debentures
• C)Notes
• D)Mortgage bonds

---

Definitions:

Accounts Receivable

Money owed to a business by its clients (customers) for goods or services that have been delivered but not yet paid for.

Net Income

The total earnings of a company after subtracting all expenses, including taxes, from its total revenues.

Cash Flow

The total amount of money being transferred into and out of a business, especially concerning liquidity.

Current Assets

Resources anticipated to be turned into cash, sold, or used up within a year or throughout the typical operating cycle of the company.