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What is the most logical explanation for why retailers carry private- label brands?
Secured Notes
Debt securities backed by collateral, providing lenders with assurance of repayment through the borrower's assets in case of default.
Mortgages
Loans specifically used to purchase real estate, where the property itself serves as collateral.
Deferred Revenue
Payments received by a company for goods or services that have yet to be delivered or performed.
Net Income
The total profit of a company after all expenses, taxes, and costs have been deducted from total revenue.
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