In terms of total value, the most significant liability(ies) of U.S.nonfinancial businesses in 2012 was(were)
A)bank loans.
B)bonds and mortgages.
C)trade debt.
D)other loans.
E)marketable securities.

Question

Quizplus · Accepted Answer

Bonds and mortgages are long-term liabilities that often make up a significant portion of a company's debt. Bank loans and trade debt are shorter-term liabilities, while other loans and marketable securities are not typically significant liabilities for nonfinancial businesses.

In Terms of Total Value, the Most Significant Liability(ies) of U.S.nonfinancial