type of short-term debt is a company'sshort-term bank loans. These types of loans arise on a business's balance sheet when the company needs quick financing in order to fundworking capital needs. It's also known as a "bank plug," because a short-term loan is often used tofill a ga...
Current balance sheet Customer list Business plan Use of funds – what you need the loan for How do I evaluate my term loan offer Once you receive a loan offer, you need to check the small print to ensure the loan is what you asked for and what you need. Carefully review the following...
D. Long-term liabilities of $130,000. 正确答案:B 分享到: 答案解析: B is corrent. Accounts payable is classified as a current liability. Although the construction loan was originally due at year-end, if the company has both the intent and ability to refinance with long-term debt, the ...
Sometimes it is easy to distinguish between long-term and current liabilities. Other times, it can be trickier. For example, a long-term debt such as a mortgage would be treated as a long-term liability and recorded as such. However, a portion of that same loan will be due in the curr...
Short-Term Loan Acronyms Anyloanthat must berepaidorrefinancedwithin one year. Short-term loans are recorded on abalance sheetascurrent liabilities. Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved Want to thank TFD for its existence?Tell a friend about us, add a link to...
A term loan is a monetary loan repaid in regular payments over a set period of time. Most of the time, a term loan involves an...
list. If such intention is there, then the company should include the current liability within the long-term liability in the balance sheet and show it for better clarity. However, such liabilities are commonly met using the profits, investment income, or liquidity obtained from new loan ...
Answer (C) is incorrect because The length of a loan does not affect the amount of liquid assets. Both long- and short-term loans result in liquid assets.Answer (D) is incorrect because An increase in current liabilities decreases the current ratio. 统计:共计51人答过,平均正确率66.66% ...
$12,000 as a current liability such as current portion of mortgage loan When the word “debt” is used to mean “liabilities” (as is done in financial ratios) then other examples will include vehicle loans, bonds payable, capital lease obligations, pension and other post-retirement benefit ...
Apply today QuickBooks Term Loan (“Term Loan”) is issued by WebBank. All screen images are simulated and are for illustration purposes only. 1. Loans are typically deposited within 1–2 business days. Actual funding time can vary depending on third party processing time. ...