In terms of total value, the most significant liability(ies) of U.S. nonfinancial businesses in 2018 was(were)
A) bank loans.
B) bonds and mortgages.
C) trade debt.
D) other loans.
E) marketable securities.

Question

Quizplus · Accepted Answer

In 2018, the most significant liability of U.S. nonfinancial businesses was bonds and mortgages. This category typically represents a large portion of long-term debt for companies, as it includes corporate bonds, which are a common financing tool, and mortgages, which are used for financing real estate. These instruments are often used for significant capital investments, making them a substantial part of companies' liabilities.

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