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Bond discounts should be amortized to comply with the
Net Income
The total profit of a company after all expenses and taxes have been deducted from revenue.
Financing Activities
Activities that result in changes in the size and composition of the equity capital or borrowings of a company.
Long-Term Debt
A financial obligation that is due for repayment in more than one year's time.
Ten-Year Treasury Note
A government debt security issued by the U.S. Treasury with a ten-year maturity, which pays interest to the holder every six months.
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