Answer:
Long-term liabilities that mature within the operating cycle and will be paid from a sinking fund.
Explanation:
As we know that
The liabilities are classified into current liabilities and the long term liabilities.
The current liabilities are that liabilities that are payable within one year
while the long term liabilities are that liabilities that are payable or due after one year
And the operating cycle includes only days inventory outstanding and days sale outstanding but the liabilities will be paid from a sinking fund that reflects the current liability
