Long-term investments are made by the manager of an investment division for the purpose of:
A)increasing profits.
B)decreasing profits.
C)increasing interest liability.
D)decreasing debt liability.

Question

Quizplus · Accepted Answer

Long-term investments are made with the objective of increasing profits in the future. These investments include assets such as real estate, stocks, and bonds, which are held for a long period of time to generate income or appreciate in value. Making such investments can help a company to grow and expand, thereby increasing its profitability over time.

Long-Term Investments Are Made by the Manager of an Investment