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A potential drawback to providing employees with ongoing training and learning opportunities is that
Impaired Note
A note receivable that has a reduced likelihood of being collected in full due to deterioration in the financial condition of the borrower.
Present Value
The present value of a sum of money or series of cash flows expected in the future, calculated using a specified discount or interest rate.
Contract Rate
It is the interest rate stated in a contract, such as a loan or lease agreement.
Non-interest-bearing Notes
Debt instruments that do not accrue interest over time, thus repaid at their face value.
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