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katrin [286]
3 years ago
6

What is an example of a long term liability?

Business
2 answers:
sergij07 [2.7K]3 years ago
6 0
Prporety it is the long-term
bixtya [17]3 years ago
4 0

Answer: A mortgage.

Explanation: A liability is something you're reliable for. You're supposed to pay back a mortgage, although this could take many years. Therefore, a long term liability is a mortgage.

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A lender checking Jason's credit score for an auto loan would likely notice that...
TiliK225 [7]

When a lender checks the credit score of Jason for an auto loan, they would most likely notice that <u>b. He </u><u>paid off </u><u>a</u><u> car loan </u><u>after making</u><u> every payment</u><u> for 4 years. </u>

Lenders checking credit scores:

  • Usually pay more attention to related loans
  • Only bother with the credit score of the person in question not their relatives

The loan is for a car or an automobile of some sort so the lender will be looking for related loans in Jason's history. They will therefore most likely notice the car loan that was paid off.

In conclusion, a lender for an auto loan will most likely notice an auto loan history.

Options for this question include:

a. His savings account has more than $3000 in it

b. He paid off a car loan after making every payment for 4 years

c. When he stopped paying his credit card for 3 months 9 years ago

d. The credit scores of his family, including his parents and his wife if he is married

<em>Find out more at brainly.com/question/14805575. </em>

3 0
3 years ago
What is one way investment consultants protect their clients’ money during periodic performance reviews?
mixas84 [53]

Answer:

Investment consultants check that the portfolio manager's performance was based on skill investing in the agreed-upon stocks or sectors

Explanation:

because it is

6 0
3 years ago
Barney Googal owns a garage and is contemplating purchasing a tire retreading machine for $12,820. After estimating costs and re
UNO [17]

Answer:

the present value is $13,588.97

Explanation:

The computation of the present value of the retreading operation is shown below:

As we know that

Present value = Future value ÷  (1 + rate of interest)^time period

= $2,700 ÷ 1.09^1 + $2,700 ÷ 1.09^2 + $2,700 ÷ 1.09^3 + $2,700 ÷ 1.09^4 + $2,700 ÷ 1.09^5 + $2,700 ÷ 1.09^6 + $2,700 ÷ 1.09^7

= $13,588.97

Hence, the present value is $13,588.97

5 0
2 years ago
Which of the following is not true of generally accepted accounting principles?
andrey2020 [161]

Answer:

(A) GAAP does not have substantial authoritative support.

Explanation:

Choices B to C are true about GAAP.

Now, Choice A is not true since  GAAP also includes detailed procedures and practices that provide a <u>standard</u> and not only broad guidelines of general application and this will imply that GAAP has a <u>substantial authoritative support.</u>

<u></u>

Also it is called "Generally Accepted Accounting Principles" for this reason.

8 0
3 years ago
Anyone want to be friend can meet nkr-tfvh-wms​
notka56 [123]

Answer:

im good

Explanation:

5 0
3 years ago
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