Long-Term Debt Would Likely Be Used for Which of the Following

question 50

Multiple Choice

Long-term debt would likely be used for which of the following?

• A) acquisition of inventory
• B) paying premiums for insurance
• C) purchasing a building
• D) paying salaries

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Definitions:

Medium

An online publishing platform where individuals and organizations can publish articles and stories on various topics.

Channel

A medium through which a message is transmitted from sender to receiver, such as email, social media, or face-to-face conversation.

Broadcasting

The distribution of audio or video content to a dispersed audience via any electronic mass communications medium, usually using electromagnetic spectrum (radio waves) in a one-to-many model.

Publishing

The activity of making content available to the public, typically through books, journals, websites, or other forms of media.