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belong to current liabilities.
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Equity financing means obligations to pay loan lenders or bond buyers a fixed amount of interest regardless of the firm’s financial conditions.
When the total revenue is equal to total cost, the are said to be at the break-even point.
The two primary financial statements for a firm are the balance sheet and the bookkeeping statement.
Liability losses are those losses to property due to fire, theft, or weather conditions.
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