Jorge's firm has a mortgage on its factory in the amount of $540,000. It also owes $60,000 to a supplier. How would these amount be listed on the firm's balance sheet?

a. current assets
b. liabilities
c. fixed assets
d. revenues

b. liabilities

Business

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The basic function of financial intermediaries is to move advice from lenders to borrowers and back to lenders

Indicate whether the statement is true or false.

Business

During negotiation preparations, which of the following is typically the best choice for gathering information regarding union members' attitudes?

A) executives B) union stewards C) business managers D) local union presidents

Business