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Why should overripe and bruised apples be discarded immediately?
Operating Line of Credit
A flexible loan from a bank that allows a business to borrow up to a certain limit to support its operational expenses.
Negative Cash Balance
A scenario where a company's cash account has a deficit, indicating that it has issued checks in excess of its actual cash available.
Statement of Financial Position
A financial report that provides a snapshot of an entity’s assets, liabilities, and equity at a specific point in time; also known as a balance sheet.
Non-current Debt
Long-term financial obligations or debts that are not due for payment within one year.
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