Question
In the context of corporate finance, companies often
utilize various sources of funding to support their long-term investments and operations. These sources of funding, referred to as long-term borrowings. Among the options provided, identify which one does not qualify as a long-term borrowing for a company:Solution
Loans repayable on demand from banks are considered short-term borrowings because they are due for repayment at any time upon the bank's request. This contrasts with long-term borrowings like debentures, term loans, long-term finance lease obligations, and corporate bonds, which have fixed repayment schedules extending over several years.
Select the INCORRECtLY spelt word.
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