Kruger Motors Inc. took a loan from a bank of $1,000,000 on June 1, 2010. The loan was to be repaid in five years. Kruger’s accounting year end is on December 31. Where will this loan amount feature in the company’s balance sheet as of December 31, 2014? A.
fixed assets
B.
current assets
C.
long-term liabilities
D.
current liabilities

the correct answer is a fixed assets

in 2001, dell computer became the world’s largest personal computer vendor, continuing to

gain market share and post profits in an industry struggling with slumping sales and billions of

dollars in losses. dell sells 90% of its pcs directly to the final customer, largely bypassing the

reseller channel that accounts for most of the world’s pc sales. this direct customer relationship

is the key to dell’s business model, and provides distinct advantages over the indirect sales

model. dell’s direct relationship with the customer allows it to tailor its offerings to customer

needs, offer add-on products and services, and use the internet to offer a variety of customer

services. in addition, dell’s pcs are built to customers’ specifications upon receipt of an order,

giving dell additional advantages over indirect pc vendors who must try to forecast demand and

ship products based on those forecasts. dell’s direct sales and build-to-order model has achieved

superior performance in the pc industry in terms of inventory turnover, reduced overhead, cash

conversion, and return on investment (kraemer, et al., 2000).

explanation:

answer; whoever is willing and able to pay the price;