Based on the figure above, in which quarter or quarters did an expansion occur?
Definitions:
Secured Transaction
A loan or credit transaction in which the borrower agrees to give the lender a security interest in certain property (collateral) as a guarantee for repayment.
Personal Property
Personal property refers to assets or belongings that are movable and not permanently fixed to one location, such as furniture, vehicles, and electronics.
Debt
An obligation owed by one party (the debtor) to a second party (the creditor); often referring to borrowed money that must be repaid.
Chapter 11
A part of the United States Bankruptcy Code that permits reorganization under the bankruptcy laws of the United States for corporations and partnerships.
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