Which of the following would normally involve long-term financing?
A) Workers' salaries
B) Unanticipated emergencies
C) Purchase of modern equipment
D) Expanding current inventory

Question

Quizplus · Accepted Answer

Long-term financing is typically used for large purchases that require significant capital investment, such as modern equipment. Workers' salaries are typically paid on a short-term basis, while unanticipated emergencies would require short-term financing. Expanding current inventory could potentially involve both short-term and long-term financing, depending on the scale of the expansion.

Which of the Following Would Normally Involve Long-Term Financing